This Hedge Fund Portfolio Shrinks 17% as Billionaire Bets Big on Gold
Paulson's hedge fund reduced its equity book to $2.58B in Q2, exiting two positions and opening a stake in Alphabet.
A big money manager sold many stock bets and bought gold instead, thinking gold might be safer right now. When smart investors shift money away from stocks into gold, it can mean they're worried about what comes next.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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