Hats off to Kovner and Paulson!

John Paulson, that is...

According to the Bloomberg hedge fund performance article this morning, both Paulson's Advantage Plus Fund and Bruce Kovner's Caxton Global Fund are having fantastic years.

When we talk about "hedgies", we are not referring to the PM's out there who know how to manage risk. Paulson and Kovner are amongst those who are profiting from the "hedgies" groupthink.

Well done gentlemen, well done!
KM