Paulson's Merger Hedge Fund Crashes With 70% Loss in Four Years

The transcript discusses the performance of Paulson Partners' funds, highlighting significant declines in the merger arbitrage fund due to pharmaceutical bets and leveraged investments. The firm's assets have decreased from $38 billion to $9 billion, with most of the remaining assets being Paulson's own money. While some funds like the Credit Opportunities Fund have seen gains, others have suffered losses, leading to investor withdrawals.

What was a major factor contributing to the losses in the Polson Partners Enhanced Fund?

• Real estate investments

• Investments in technology stocks

• Cryptocurrency trading

• Pharmaceutical bets

How much of the assets managed by Paulson are now his own or his family's money?

• 70%

• 50%

• 60%

• 80%

What was the peak amount of assets managed by Paulson before the decline?

• $38 billion

• $9 billion

• $50 billion

• $20 billion

Which Paulson fund showed an 11% increase in performance?

• Enhanced Fund

• Credit Opportunities Fund

• Pure Spread Fund

• Merger ARB Fund

What is the primary strategy that Paulson's firm was originally based on?

• Growth investing

• Value investing

• Merger arbitrage

• Index fund investing