The bad times got worse for John Paulson in November, as his Advantage Plus Fund lost another 3.6% even as the S&P 500 rose slightly. The losses, which happened as Paulson significantly cut his net long exposure, brought Advantage Plus' YTD decline to 46%. Paulson's Gold Fund is up 11% YTD, well below gold's 20%+ YTD increase. (earlier)
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