Both Paulsons appeared in a cramped Manhattan courtroom Thursday morning for scheduled arguments on his motion to dismiss her case.
Once the exuberance wears off, or liquidity dries up, they will go to zero. I wouldn’t recommend anyone invest in cryptocurrencies," said Paulson, who earned a mark for betting against the US housing market more than a decade ago.
Paulson & Co.'s merger arbitrage fund, the firm's largest fund with around 60 percent of the hedge fund's total capital, was able to keep performance relatively stable, ending December up about 2 percent and closing the year down approximately 3 percent.
Gold edged lower early on Monday, trading near a 5-1/2-year low, as expectations for a near-term hike in US interest rates kept up the downward pressure after bullion fell the most since 2013 in July.
As markets seesawed but generally went on a higher ride, 2014 saw several veterans of investing world make high-profile bets that garnered much attention in the media and among the investing public. Here is a round-up of a few that made the most news this year.
Throughout financial history, traders have countless times engaged in a battle of wit, guts and luck, putting their precious money on a trade in the hope they would outsmart the person taking its other end.
Although gold is perched near its highest levels in nearly three weeks, investors remain wary of buying it. BofA analysts note that market players have largely liquidated their bullish bets on gold: at USD 2.1 billion, bullion long positions are hunkered at their lowest levels since 2002, the bank said.
Hedge fund billionaire John Paulson's best-known fund is down 2.4 percent in April, largely due to the sharp selloff in gold, a source familiar with the numbers said on Thursday.
The blows keep coming for hedge fund manager John Paulson, with Citi Private Bank deciding it will withdraw USD 410 million from his Paulson & Co hedge fund, according to people familiar with the decision.
Julian Robertson, founder of Tiger Global Management and newly-appointed chairman of private equity fund Forstmann Little, sees great potential in China but warns investors should proceed with caution.
John Paulson could face a two-pronged problem in the coming weeks as outside investors and possibly even some of his own employees walk in the wake of the hedge fund firm's worst-ever returns.
The largest gold fund players including hedge fund titan John Paulson stuck with their bullion bets in the second quarter, opting not to follow George Soros who further reduced his gold ETF holdings.
A humbled John Paulson told investors on Thursday he was "too aggressive" with some of the stock bets in his flagship funds and he is trimming back some of his riskiest holdings.
Billionaire hedge fund manager John Paulson has won a licence from the Securities and Futures Commission in Hong Kong to deal in securities, records on the market regulator's website show.
Wall Street's biggest bears are buying a piece of the Big Apple.
Lehman Brothers Holdings Inc said it will take longer than expected to win approval of its bankruptcy reorganization plan as it tries to settle differences with creditors, who are owed well over USD 300 billion.