The Greatest Trade Ever How One Man Bet Against the Markets and Made $20 Billion |
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| Author:
| Zuckerman, Gregory |
| ISBN: | 978-0-14-104315-9 |
| Publication Date: | Oct 2010 |
| Publisher: | Penguin Books, Limited
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| Book Format: | Paperback |
| List Price: | AUD $27.99 |
Book Description:
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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...
More Description 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.