Top 7 New Buys By John Paulson
By Lalit Sharma:
John Paulson is the founder and president of
Paulson & Co.
, a New York-based
with $30 billion in assets under management. He is famous for his bet against sub-prime mortgages in the last downturn. The billionaire businessman earned $3.7 billion dollars in 2008 by shorting the mortgage back securities. More recently in 2010 he made $4.9 billion from his portfolio. His
is not doing too well in 2011, but it is still worth looking his latest stock picks given his success in directional bets in the recent past.
The following is a list of top new buys of John Paulson’s Paulson & Co.
Stock Symbol Shares Held 03/31/2011 Shares Held 06/30/2011 Change In Shares
Life Technologies Corporation LIFE 0 7,520,000 7,520,000
News Corp. NWSA 0 10,400,000 10,400,000
Southern Union Co. SUG 0 4,530,000 4,530,000
Mosaic Co. MOS 0 2,250,000 2,250,000
Tenet Healthcare Corp. THC 0 20,000,000 20,000,000Complete Story »