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Jim Letourneau's Blog

Investing, Technology, Travel, Geology, Music, Golf. I think that covers it.

John Paulson Likes Property

John Paulson, the hedge fund manager who made an estimated $3.7bn (£2.4bn) shorting the US housing market ahead of its collapse, is placing a firm bet on a medium-term property recovery with the launch of a new fund.

...so he can afford to be wrong

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