Rabbitisrich Posted June 16, 2009 Share Posted June 16, 2009 This may have appeared in the old board: http://www.scribd.com/doc/11593471/Paulson-Funds-Annual-Report In retrospect, Paulson's move away from LBOs, hostile offers, and event-driven mergers was perfectly sensible. Yet plenty of smart managers, such as David Winters of Wintergreen Funds, fell into traps like BCE-Teacher's Pension. Perhaps the most persuasive evidence of Paulson's investment abilities is that his letter displays mostly common sense. Link to comment Share on other sites More sharing options...
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