A diary of the thought process behind my investment decisions
Avoid Paulson's Positions
It has recently been reported that John Paulson has suffered $2 billion in redemptions after a poor performance this year. At his height he was managing over $33 billion. I suspect there is a lot of hot money in his funds and those guys don't stick around. To make it worse he runs a concentrated portfolio. This is a very difficult situation for a large fund to get out of. I would avoid his positions as I doubt he is buying more. Here is a link to his 13-F.