From what I've read, the Paulson portfolio is broken down into several individual funds that were mostly long plays on US economic recovery. For example, some of his top performing funds this year were: the Recovery Fund (+24%, up from successful long positions in US financial institutions/major companies), the Gold Fund (+35%, initiated in early-mid 2009), and the Merger Arbitrage Fund (+27%, up from disparities within various markets during mergers).
From what I've read, the Paulson portfolio is broken down into several individual funds that were mostly long plays on US economic recovery. For example, some of his top performing funds this year were: the Recovery Fund (+24%, up from successful long positions in US financial institutions/major companies), the Gold Fund (+35%, initiated in early-mid 2009), and the Merger Arbitrage Fund (+27%, up from disparities within various markets during mergers).