BOSTON ( TheStreet) -- Paulson & Co. founder John Paulson earned a record amount for any hedge fund manager last year with the help of gold and bank stocks. Now he's counting on laptop and printer maker Hewlett-Packard ( HPQ) and lumber and pulp company Weyerhaeuser ( WY) for a repeat performance in 2011.John Paulson gained notoriety for his big bets on gold and financial shares such as Goldman Sachs ( GS) and Citigroup ( C), which netted him a personal profit of $5 billion in 2010, the largest one-year gain in investing history.
|John Paulson (Paulson & Co.)|
10. Rock-Tenn Co. ( RKT) Company Profile: Rock-Tenn is a maker of packaging products, recycled paperboard, containerboard, bleached paperboard and merchandising displays. Paulson's Investment: The hedge fund bought 1 million shares of Rock-Tenn during the first quarter, a position valued at $69 million as of March 31. Rock-Tenn shares have soared this year, surging more than 32%. In January, Rock-Tenn said it would acquire Smurfit-Stone Container ( SSCC), another holding of Paulson's fund, for $35 a share.