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Paul Singer foresaw coronavirus lockdowns

The billionaire warned employees of his Elliott Management hedge fund two months ago that they should prepare for a monthlong quarantine — well before New York mandated a lockdown, Bloomberg’s Katia Porzecanski reported.

Mr. Singer sent an internal memo on Feb. 1 that employees in the firm’s offices around the world should “try to make arrangements so that you do not have to leave your home for a month if that becomes necessary.” (The Elliott founder is known for being cautious about anything that could affect the markets, including solar storms.)

• He added that workers should make sure to have “access to sufficient food, water and medicines.”

• But Elliott didn’t start telling employees to start working from home until the local authorities told them to, DealBook’s Michael J. de la Merced has learned.