Calling Paulson & Co. a fallen giant of the hedge fund industry is a stretch—the behemoth firm still manages upwards of $14B as of March 1, 2016. The firm, however—famous for making billions betting against subprime mortgages during the GFC and then infamous for losing billions in the years thereafter—has shed $22B in assets under management the last 5 years. So it’s probably fair to say that the manager behind the “greatest trade ever” has seen better days. In this Manager Monday, we’ll evaluate Paulson’s portfolio through the lens of public filings. This needs to be caveated carefully: public filings...