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The Greatest Trade Ever by Gregory Zuckerman (2009, Hardcover) 
The Greatest Trade Ever by Gregory Zuckerman (2009, Hardcover)

 
The Greatest Trade Ever by Gregory Zuckerman (2009, Hardcover)

Publisher: Broadway Books
Publication Date: 2009-11-03
Language: English
Format: Hardcover
ISBN-10: 0385529910
ISBN-13: 9780385529914
Product ID: EPID73569879
Description: In 2006, the middle-aged hedge fund manager John Paulson seemed to be falling behind his young competitors, who were all reaping the benefits of the real estate boom and subprime mortgages. Then, with the aid of his analyst Paolo Pellegr...
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Synopsis
In 2006, the middle-aged hedge fund manager John Paulson seemed to be falling behind his young competitors, who were all reaping the benefits of the real estate boom and subprime mortgages. Then, with the aid of his analyst Paolo Pellegrini, Paulson became convinced that the housing market was headed for a crash, and defied conventional wisdom by betting heavily on obscure bearish trades. Few banks or investors would invest in his new fund, and many accused him of rash counter-intuitiveness, but Paulson persevered, and steadily bet "against the house." In 2007 his firm made 15 billion dollars, one of the greatest financial trades of all time. Gregory Zuckerman, who broke the Paulson story, gives a fascinating blow-by-blow account of the tumultuous housing market collapse and one of the few men who found a way to profit from it.

Details
Publication Date:2009-11-03

Size
Length:295 pages
Height:9.8 in
Width:6.5 in
Thickness:1.0 in
Weight:18.4 oz

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