Hedgefund genius John Paulson in an interview early 2014 says,
“The U.S. economy hasn’t taken off. It’s doing OK. I’m hopeful that growth will pick up -- we are somewhere in the middle of the cycle.”
Paulson, who runs the $20 billion Paulson & Co., said one reason to be optimistic about equities is that the economy is just in the middle of its current growth cycle. His Recovery Fund, which buys stakes in companies that he expects to profit from an improving economy, climbed 63 percent last year. His Recovery Fund was No. 3 in Bloomberg’s ranking.
via http://www.sfgate.com/business/bloomberg/article/Altman-Leads-Hedge-Fund-Managers-Betting-Stock-5161405.php
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