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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 narrative centers on John Paulson, a hedge fund manager who, in 2006, identified the impending collapse of the housing market, a risky bet that few believed in. Despite his lack of experience in real estate and facing skepticism from peers, he, along with other unconventional investors like Jeffrey Greene and Michael Burry, decided to wager against subprime mortgages. Their journey is marked by initial financial losses, but Paulson's determination to double down on his strategy ultimately sets the stage for a dramatic financial upheaval.
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The Greatest Trade Ever, Gregory Zuckerman
- Language
- Released
- 2010
- product-detail.submit-box.info.binding
- (Paperback)
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- Subtitle
- The Behind-The-Scenes Story of How John Paulson Defied Wall Street and Made Financial History
- Language
- English
- Authors
- Gregory Zuckerman
- Publisher
- Penguin Random House LLC
- Released
- 2010
- Format
- Paperback
- Pages
- 320
- ISBN13
- 9780385529945
- Series
- Tags
- Non-Fiction, Historical Themes, History, True Stories, Business, Business & Management, Biographies, Economics, Finance
- Rating
- 4.05 out of 5
- Description
- The narrative centers on John Paulson, a hedge fund manager who, in 2006, identified the impending collapse of the housing market, a risky bet that few believed in. Despite his lack of experience in real estate and facing skepticism from peers, he, along with other unconventional investors like Jeffrey Greene and Michael Burry, decided to wager against subprime mortgages. Their journey is marked by initial financial losses, but Paulson's determination to double down on his strategy ultimately sets the stage for a dramatic financial upheaval.