Return to previous page

The Greatest Trade Ever

The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History
in: Investing
Summary:

The book chronicles hedge fund manager John Paulson's strategic bet against the US housing market, which led to a profit of over $20 billion for his fund during the financial crisis of 2007-2008. It details the development of his investment thesis, the construction of his market-shorting instruments, and the challenges he faced in executing one of the most lucrative trades in financial history.

Key points:

1. Housing Bubble Explanation: The book details the overvalued housing market and the 2008 financial crisis it caused.

Books similar to "The Greatest Trade Ever":