The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History

The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History
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The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Produced Financial History Description

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In 2006, the hedge fund earned John Paulson some thing that few other suspects -. The housing marketplace and the value of subprime mortgages were grossly inflated and headed for a substantial decrease was Paulson’s background in mergers and acquisitions, even so, and he knew small of real property or on the way to bet against the housing. He had spent a career also ran on Wall Street. But Paulson was convinced it was his opportunity to make his mark. It just was not sure how to do it. Colleagues of investment banks and investors mocked him did not adore. Even the pros skeptical housing hesitate to complex derivative investments that Paulson was just learning. But Paulson and a handful of renegade investor like Jeffrey Greene and Michael Burry began to bet heavily on subprime loans and poor monetary businesses. Timing is everything, though. Paulson initially lost and tens of millions a lot more dollars in property and stocks continued to soar. The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History

\n\nThe Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Produced Financial History Ebook

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