Friday 24 October 2008

My dreams came crashing on me

My dreams fall
Literally


From the wall . motivation pictures , not enough blutac


birthday presents (7 nov 1983):
Zen player from w.a.t.c.h. (weesin , anna , trixie , chenghao , haiyin ! lol thought of this acronym while jogging) / fantastic five



Looking punk ... bah can't see where i walk , fuuuuuuuuug


crumpler bag from sis




i am 10 kg overweight ! i last weigh myself to be 82 kg ! thats 10 kg from 72 which will give me an ideal bmi of 72/1.77/1.77 = 23
plan : slow jog followed by hiit , high intensity interval training . 8 reps of 30 seconds go max speed , 30 seconds walk.
milestone : 2 kg per month

Halloween wasn't that bad , but budget tight >.<



Nothing much to blog , but went to honey's birthday party @ armanda , quite nice




her cake was unique too.


The cupcakes are too sweet tho


fooling around with oversized glasses.



______________________________

http://blogs.wsj.com/deals/2008/10/01/john-paulson-the-hedge-fund-manager-actually-making-money-in-the-market/

The News

October 1, 2008, 9:15 am
John Paulson’s Hedge Funds Return 19% in a Down Market
Posted by Deal Journal

William Hutchings, asset management editor for Financial News, provides this exclusive report. This is an edited version. You can read the entire story here.

Hedge funds run by US manager John Paulson, one of last year’s best performers and a short- seller of UK banks, have bucked a trend of worldwide hedge fund losses by making returns of more than 19% this year.

One fund generated 589.62% in what is thought to be the largest dollar return in a year from a single hedge fund.

financialnews Investors said the Paulson Advantage Plus fund was one of the best performers so far this year, with a net return of 19.44% for the year to the end of August. The fund made 158.75% last year and, through a combination of investment gains and new capital, has grown from about $100m (€70m) at the start of 2007 to almost $9bn, Financial News Online can exclusively reveal.

Paulson’s Advantage fund was up 13.22% for the year to the end of August, having made 100.15% last year. Its Credit Opportunities fund was up 12.95%, having made 351.72% last year; its Credit Opportunities fund was up 12.46%, having made 589.62% last year; its Enhanced fund was up 8.17%, having made 116.48% last year; and its International fund was up 5.17%, having made 51.7% last year.

Paulson turned a $500m investment in its Credit Opportunities fund into $3.5bn over the course of last year, considered by investment consultants and investors the largest dollar amount ever generated by a hedge fund in a year.

Paulson & Co. as a whole managed $35bn at the end of June, making it one of the largest 10 hedge fund managers. Last week it disclosed short positions in HBOS, Lloyds TSB, Barclays and Royal Bank of Scotland. It short positions, which will have made money as the banks’ share price fell, ranged from 0.9% to 1.8% of each bank’s market capitalisation.

Paulson Europe LLP, the firm’s UK subsidiary, did not return a call seeking comment. The US firm was not available for comment at press time.

You can visit Financial News at http://www.efinancialnews.com, and you can bookmark Deal Journal for easy visiting at http://blogs.wsj.com/deals.


The hilarious comments..



So Paulson has been making a killing betting that people would default on their loans for the last 2 years?
then telss congress we need to give him 700bn with no oversight to fix the mess he’s been profiting from, man this guy is good…

tell you what Paulson, how ’bout you use your money to buy some of these bad assets up.
Comment by Anonymous - October 1, 2008 at 10:34 am

Sure, those parasites are making money at the expense of real investors. They are betting prices down intead of ussing the resources to help companies. Regulators should tackle those criminals and send them to jail.
Comment by Get Real - October 1, 2008 at 11:19 am

different paulson
Comment by anonymous is an idiot - October 1, 2008 at 11:25 am

These previous two comments tell you how little the public and possibly even indiv investors know of whats going on.

They cant distinguish between John Paulson (the hedge fund manager) and Hank Paulson (the Treasury Secretary).

God..how far do we take free anonymous speech?

Please stop giving your silly idiotic comments….Palin is an intellectual compared to you bozos.
Comment by Anonymous - October 1, 2008 at 11:26 am

John Paulson and Hank Paulson are two different people.

No comments: