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  • Paulson said he took a portion of his own money out of the $6.8 billion Credit Opportunities Fund and put it into the $1.2 billion Gold Fund, which can buy derivatives and other gold- related investments, and the $8.3 billion Advantage funds, which seek to profit from corporate events such as takeovers and bankruptcies, according to the person and a year-end letter that the firm sent to investors.
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