John Paulson's Advantage Fund Is Up More Than 29% This Year

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Paulson & Co.'s Paulson Advantage Fund has put up some good performance numbers in the month of November, according to CNBC.

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John Paulson, who famously made a killing betting against subprime in 2007, had a tough 2011 and 2012 in terms of performance.

This year has been challenging for most funds. Many of them are underperforming the S&P, which is up about 27% this year.