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Trading Success Stories: John Paulson

Professional trader John Alfred Paulson is an investor and hedge fund manager leading United States. He is the founder and President of Paulson & co., an investment firm based in New York. A few years ago, investors on Wall Streetyang losers due to the collapse of the U.S. housing market very much. The only profit big is John Paulson, a hedge fund manager who had been anticipating the fall of the US housing market two years earlier. The profits he earned from short residential sellingpasar in the year 2007 it was around US $ 15 billion Rupiahs. Paulson estimated personal gain of US $ 3 billion Rupiahs for up to US $ 4 billion Rupiahs, and is considered the largest gains on the Wall Street stock exchange.

Although never crowned as the world's best traders in 2008 by Trader monthly magazine, Paulson never suffered losses in 2011 and then when he got into the shares of Bank of America, Citigroup and Sino-Forest Corporation. This makes the child perusahannya Paulson Advantage Fundmerugi 40% as of September 2011, however the year before Paulson has entered the commodity gold to earn a profit of US $ 3.1 billion Rupiahs between September 2010 and September 2011.

John Paulson is indeed known as adept in anticipation of market movements. Born in Queens, New York in 1955, this Harvard Business School graduates started his career as a staff research at Boston Consulting Grouppada in 1980. His duty is to give advice to those who want to invest. Because tempted to plunge on Wall Street, he switched jobs and this time he was working for a leading investor Leon Levy at Odyssey Partners before founding Paulson & co. in 1994 with a capital of US $ 2 million and an employee.

In 2002 assets Paulson & co. grew into a US $ 500 million with a combination of results profit earned plus the funds from investors. At a time when the U.S. economy booming post-war decline, Paulson bought several companies entangled in debts, and gained the advantage after the US economy back to recover.

"Many investors who made a fatal mistake by buying at high prices and sell at low prices. That kind of strategy is clearly wrong and could not be used for trading or investment. Investment profits gained in the long run, and strategies to buy at low prices and sell at higher prices is the most precise. "said John Paulson who in 2012 then hit in 61 of the rich world that Forbes magazine.

' In investing, what matters is the strategy. When I worked at the Boston Consulting Group, understanding business strategy is very useful for me, can I know why a business can be more profitable than any other business. "he said. And is it always easy to anticipate the market? "Sometimes it's hard to interpret market movements ... You should never look back, you have to think to the future. "said Paulson.

Source: The Wall Street Journal

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Trading Success Stories: John Paulson


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