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Billionaire John Paulson Buys $800 Million Stake In Alaskan Gold Mine As Gold Hits Record Highs
Tuesday, April 22, 2025 - 1:46pm | 560Billionaire investor John Paulson and NovaGold Resources, Inc. (AMEX:NG) have agreed to purchase a significant stake in the Donlin Gold project in Alaska. Barrick Gold Corp. (NYSE:GOLD) will sell its entire 50% interest in the project for $1 billion in cash. The Details: Novagold will purchase a 10...
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Warren Buffett Is A Known Crypto Critic, But These Wall Street Titans Also Share The Oracle Of Omaha's Skepticism
Wednesday, March 26, 2025 - 6:25am | 535Warren Buffett’s aversion to Bitcoin (CRYPTO: BTC) and cryptocurrencies is well-known, and the legendary investor hasn't made any direct investments in the asset class thus far. What happened: Buffett gained infamy in cryptocurrency circles when he described Bitcoin as "probably rat poison...
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Billionaire Hedge Funder Adds Mining Stocks Before Gold Makes Record-Highs: 'Gold Will Go Up,' Paulson Says
Friday, March 14, 2025 - 10:55am | 502The price of gold blew past the $3,000 mark in early trading Friday as investors navigate market turbulence driven by escalating trade tensions and economic uncertainty. Billionaire hedge funder John Paulson has stacked his portfolio with gold miners. According to Paulson & Company's...
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Billionaire John Paulson Bullish On Gold Miners, Including This Penny Stock
Friday, December 20, 2024 - 5:05pm | 533Billionaire hedge fund manager John Paulson appears to be bullish on gold miners as his fund, Paulson & Co., holds several mining stocks. What To Know: Paulson is well-known for betting against the housing market in 2006 and profiting about $20 billion when subprime mortgage bonds...
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Sanders Slams Trump's Tax Plan, John Paulson Plans To Join Elon Musk's DOGE, GOP Megadonor Predicts Trump's Victory And More: This Week In Politics
Sunday, November 3, 2024 - 5:00am | 565The past week was a whirlwind of political news, with the 2024 presidential election taking center stage. From Senator Bernie Sanders criticizing Donald Trump‘s tax plan to a leading economist making his election prediction, the political landscape was buzzing with activity. Here’s a...
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Trump's Billionaire Ally Plans To Join Elon Musk's DOGE If Named Treasury Secretary, Recommends Elimination Of These Subsidies
Wednesday, October 30, 2024 - 5:17am | 526John Paulson, a billionaire investor and a close ally of former President Donald Trump, has revealed his plans to work with Elon Musk on substantial federal spending cuts if he were to be appointed Treasury secretary in a second Trump administration. What Happened: Paulson expressed his intentions...
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Billionaire Trump Supporters 'Refuse To Talk About The Character Of…Rotten Person': Media Mogul Barry Diller Sounds Off On Elon Musk, Others
Monday, October 14, 2024 - 7:28pm | 757Media mogul Barry Diller, who is the chair of IAC Inc (NASDAQ:IAC) is among the technology sector entrepreneurs who are backing Vice President Kamala Harris in the 2024 election. In recent interviews, Diller opened up on his feelings about Harris' election opponent Donald Trump. What Happened:...
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Elon Musk Says Warren Buffett Is Positioning For Kamala Harris Win With His $277B Cash Pile As Pro-Trumper John Paulson Warns Of Equity Market Exit
Wednesday, September 18, 2024 - 8:08am | 821While Vice President Kamala Harris surges ahead in polls against her Republican rival Donald Trump, she hasn’t found much traction in the business and investing world. Hedge fund manager John Paulson, the founder of New York-based investment firm Paulson & Co. said on Tuesday in a media...
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Billionaire John Paulson, Who Made $20B Betting Against Housing Market, Advises On What To Do With Your $100K
Tuesday, May 28, 2024 - 6:30pm | 683The subprime mortgage crisis triggered a severe economic recession in 2008, but billionaire hedge fund manager John Paulson made billions in this period. His bet against the U.S. housing market made him $20 billion richer. Paulson has since been biding his time and waiting for the next collapse to...
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Republican Billionaires Rally To Fund Trump's Presidential Campaign: Donors Extending 'Overwhelming Amount Of Support'
Wednesday, March 20, 2024 - 1:33am | 483In a show of support for former President Donald Trump, Republican billionaires are set to host a high-dollar fundraiser in April to boost his presidential campaign. What Happened: Hedge fund founder John Paulson will host a fundraiser on April 6 in Palm Beach, Florida. The event is expected to...
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Crypto Crash, Recession Fears Push Investors To Gold: A Look At The Commodity And This 2X Leveraged Fund
Wednesday, November 9, 2022 - 1:05pm | 867Direxion Daily Gold Miners Index Bull 2X Shares (NYSE: NUGT) was trading flat on Wednesday in consolidation after surging more than 12% on Tuesday. The gold miners sector has suffered a long bear cycle, which started on April 18 of this year and caused NUGT to plunge about 73% between...
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Two High-Yielding Stocks Famed Gold And Subprime Mortgage Trader John Paulson Owns
Thursday, September 1, 2022 - 3:11pm | 364John Paulson is a billionaire investor and hedge fund manager of Paulson & Co., which he founded in 1994 as an investment firm in New York. In the second quarter of 2022, Paulson & Co’s holdings decreased to 32 from 40 in the second quarter of 2021. Paulson is most...
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Fintech Focus For August 28, 2020
Thursday, August 27, 2020 - 5:47pm | 2399Quote Of The Day: Never let the fear of striking out keep you from playing the game. - Babe Ruth Fintech Movers: The US SEC approved the proposed Discretionary Limit, or D-Limit, order type from exchange operator IEX Group as three new exchanges are also slated to launch within the next month. -...
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Q1 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios
Saturday, May 16, 2020 - 10:15am | 2351The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling. Takeaways From 13F Season Investors who follow particular fund managers can easily look up what each was buying...
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Q4 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios
Tuesday, February 18, 2020 - 2:00pm | 2056The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling. Takeaways From 13F Season Investors who follow particular fund managers can easily look up what each was buying...