Paulson Still a Bull After His Bare Year.

The article focuses on financier John Paulson, head of the hedge fund company Paulson & Co. Paulson's reaction to severe 2011 business losses in the largest funds operated by his company is examined, particularly a contrast between his admission to investors that he had made mistakes in investment decisions and his defense of his optimistic economic forecasting for the U.S. which was the fundamental basis of those decisions.