John Paulson's Tax Strategy Fund
futureofcapitalism.com

Bloomberg News has an article about hedge fund manager John Paulson's invitation to clients for a meeting about a fund "for investors looking to mitigate income taxes." The third paragraph of the article is this:

"He seems to be more focused on avoiding income taxes than on generating returns for his investors," said Brad Alford, head of Atlanta-based Alpha Capital Management LLC, who runs a mutual fund of funds that invests in hedge funds. "It gives billionaires a bad name."

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John Paulson's Tax Strategy Fund
futureofcapitalism.com

Bloomberg News has an article about hedge fund manager John Paulson's invitation to clients for a meeting about a fund "for investors looking to mitigate income taxes." The third paragraph of the article is this:

"He seems to be more focused on avoiding income taxes than on generating returns for his investors," said Brad Alford, head of Atlanta-based Alpha Capital Management LLC, who runs a mutual fund of funds that invests in hedge funds. "It gives billionaires a bad name."

Read More...