Paulson is the guy who designed the Goldman Sachs CDO that they both shorted knowing that it was loaded with mortgage loan defaults. I've been long on URE for a year. It makes me nervous when scum like Paulson is pushing it.
I haven't but I'd like to read JP's bio. He didn't do anything wrong in the GS deal but I don't understand his motive for pushing real estate.
I like URE better than IYR and XHB after taking a quick look at them. URE used to be a $400 stock. It has alot of room to run in the next few years as real estate gradually recovers. I have exposure in international stocks but don't know much about the real estate markets to invest in IYR. Aren't there bubbles out there such as China? I like your homebuilder etf and may buy that one. What else do you have? lol