Forbes – Hedge fund billionaire John Paulson staged an impressive comeback in 2013 following three very tough years for his Paulson & Co. hedge funds, but his rebound crashed badly in September, leaving some of his most important funds down deeply in 2014.
Paulson’s Advantage Plus Fund fell by about 11% in September and is now down 14% this year, according to Bloomberg News, which first broke the news of Paulson’s dismal September. Paulson’s Advantage Fund is now down 13% in 2014 and his Recovery Fund has lost 6% in 2014 after a bad September.
