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John Paulson’s Return to Big Gains

The New York-based manager, who earned huge gains in 2007 and then fell to earth after heavy losses in 2011, returned to the winner’s circle last year.

       John Paulson (Bloomberg) John Paulson is officially back. Four of his New York–based hedge fund firm Paulson & Co.’s six major funds outperformed the widely followed market indexes. The firm’s Paulson Recovery fund had the best return, finishing 2013 with a 63 percent gain. The fund benefited in part from strong

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