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John Paulson, Winner in 2008 Crisis, Latest to Quit Hedge Funds
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  July 3, 2020
CW8888: It is damn tough to make money and then retain all these  winning $$$! In the market; you eat other people's lunches; but some others turned back and gobble you up! LOL! Read? John Paulson, Winner in 2008 Crisis, Latest to Quit Hedge Funds (Bloomberg) -- Just over a decade after John Paulson shot to fame and fortune, he’s become the latest big-name money manager to quit the hedge-fund business, saying this week he’s converting his firm into a family office. Paulson never managed to sustain the success and notoriety he found by betting against the housing market in the run up to the last financial crisis. Now, in the midst of an another period of economic turmoil, he’s returning outside investors’ money to focus on his own fortune, which the Bloomberg Billionaires Index puts at $4.4 billion. He joins a list of industry legends who have recently called it quits amid a generational shift....
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By Create Wealth Through Long-Term Investing and Short-Term Trading
I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016. Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD. I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild. I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038. Cheers!
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