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2011-08-11 — sfgate.com
``John Paulson, the billionaire who is betting on an economic recovery by the end of 2012, lost 11 percent in the first week of August in his largest hedge fund, according to a person familiar with the firm... Paulson personally has done better than at least some of his clients because most of his own money is invested in the firm's gold-denominated share classes, which have outperformed the dollar classes this year.''
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