| Hedge funds veer from Marx to Munch |
VC CircleJohn Paulson, who has endured wild swings of fortune as a hedge fund manager, used his first appearance at the Sohn Investment Conference in New York to pitch three stocks: Caesars Entertainment, AngloGold Ashanti and CVR Energy.
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| Paulson Says He Likes CVR Energy as Icahn May Resell It |
BloombergJohn Paulson, the billionaire hedge- fund manager seeking to reverse record losses in 2011, said he likes CVR Energy Inc. (CVI) because the company may be successfully resold by Carl Icahn, who controls the majority of shares.
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| Ira Sohn Conference: John Paulson Bets on Caesars, AngloGold Ashanti |
Wall Street Journal (blog)By Juliet Chung and David Benoit Famed hedge-fund investor John Paulson was bullish on Caesars Entertainment Corp, gold-mining company AngloGold Ashanti and CVR Energy. Caesars should benefit as the hotel and gaming sector, which had declined with the ...
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| JOHN PAULSON: Caesars Entertainment Has High Option Value |
4-tradersJO) and CVR Energy (>> CVR Energy, Inc.). He said Caesars Entertainment's valuation is low as the company has assets, like its online gaming platform, that are essentially not valued in its current share price. The manager of Paulson & Co. said ...
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| Paulson talks up AngloGold, CVR, Caesars at Sohn |
MarketWatch(US:czr), AngloGold Ashanti Ltd. ADS (US:au) and CVR Energy (US:cvi). Speaking at the Sohn Investment Conference, Paulson said AngloGold's earnings have been "exploding" and the company is very leveraged to the gold price. He also noted that owning ...
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| Billionaire John Paulson Likes Caesar's, AngloGold Ashanti, and CVR |
ForbesHedge fund legend John Paulson spoke at the Ira Sohn conference on Wednesday and presented three investment ideas: Caesar's, AngloGold Ashanti, and CVR Energy. On the first one, Paulson praised the company's high option value and suggested the stock ...
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| John Paulson at Ira Sohn: Bullish on Ceasars Entertainment, AngloGold Ashanti ... |
BenzingaThe final stock that he spoke about was CVR Energy (NYSE: CVI), a company in which his hedge fund recently bought a 9.9% stake. Paulson thinks that CVR could be worth as much as $36.00 per share. The stock closed Wednesday's trading session at $30.35.
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