While most of the other “gurus” preach about danger on the horizon, hedge fund manager John Paulson continues to defy conventional wisdom.
Reuters: Today our net long exposure is perhaps the highest it has ever been in our portfolio,” Paulson said during a luncheon presentation at the Japan Society.
“We still find a lot of compelling long investments on the equity side,” he said, citing specifically Bank of America, U.S. cable-television giant Comcast Corp, and Germany’s HeidelbergCement AG.
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