Deep Dive into Hedge Funds (Capital Allocators, EP.34)
Capital Allocators – Inside the Institutional Investment Industry
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The Most Memorable Investment in the Protege a Day
The most obvious one that sticks out was protege was the largest day one investor in john paulson's subprime fund. The reason it sticks out for me isn't just the sort of windfall that came from it but I was always more amazed at other people that invested in that fund because our pattern to get there made a lot of sense. We had had very bearish views on high yield debt starting in 2004 and had been short high yield debt with a manager on a risk reward.
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