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The Greatest Trade Ever: How One Man Bet Against the Markets and Made $20 Billion By Gregory Zuckerman
The Greatest Trade Ever: How One Man Bet Against the Markets and Made $20 Billion By Gregory Zuckerman
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Autumn 2008. The world's finances collapse but one man makes a killing.
John Paulson, a softly spoken hedge-fund manager who still took the bus to work, seemed unlikely to stake his career on one big gamble. But he did - and The Greatest Trade Ever is the story of how he realised that the sub-prime housing bubble was going to burst, making $15 Billion for his fund and more than $4 Billion for himself in a single year. It's a tale of folly and wizardry, individual brilliance versus institutional stupidity.
John Paulson made the biggest winning bet in history. And this is how he did it.
John Paulson, a softly spoken hedge-fund manager who still took the bus to work, seemed unlikely to stake his career on one big gamble. But he did - and The Greatest Trade Ever is the story of how he realised that the sub-prime housing bubble was going to burst, making $15 Billion for his fund and more than $4 Billion for himself in a single year. It's a tale of folly and wizardry, individual brilliance versus institutional stupidity.
John Paulson made the biggest winning bet in history. And this is how he did it.
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