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> Mr. Paulson, 61, was one of the first people on Wall Street to back Donald J. Trump’s bid for the presidency. > That dismal record is a far cry from nearly a
by gdulli 10y ago
> Mr. Paulson, 61, was one of the first people on Wall Street to back Donald J. Trump’s bid for the presidency.
> That dismal record is a far cry from nearly a decade ago, when Mr. Paulson made nearly $15 billion betting on the collapse of the housing market.
Maybe the pattern is that cynically betting on weakness doesn't work as a long-term strategy.