Financials - World's richest speculator owns a huge amount of this sector

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World's richest speculator owns a huge amount of this sector

Monday, November 16, 2009
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From 24/7 Wall Street:

John Paulson is rather notorious, and wealthy, for how much he picked up by shorting financial stocks on the way down. But the financial world found out in August that Paulson & Co. had bought up many key financial and banking stocks. Paulson & Co. Inc. is out with a 13-F filing after the close showing he is still in many key financial stocks.

The famed hedge fund manager took a massive stake in Citigroup and sold his entire interest in Goldman Sachs…

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Topics:		Financials \| Stocks

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