"It's like Wimbledon. When you win one year, you don't quit. You want to win again."
-- John Paulson, whose three main hedge funds have risen 15% to 25% this year, according to today's Wall Street Journal. And that comes on top of gains of some $15 billion for Paulson & Co., his 70-person firm, last year. While Paulson made a few mistakes--buying Yahoo! (YHOO) and Mirant (MIR), for example--he's won big by shorting the financial giants. Now he's raising money for a new fund that will invest in beaten-down financial companies. --Jessica Shambora
|America's economic mobility myth|
|Where should you put your money now?|
|Snowden docs had NYTimes exec fearing for his life|
|The economy: The 2014 outlook|
|2 million Facebook, Gmail and Twitter passwords stolen in massive hack|