The Greatest Trade Ever: How John Paulson Bet Against the Markets and Made $20 Billion
'The definitive account of a sensational trade' Michael Lewis, author of The Big Short
Autumn 2008. The world's finances collapse but one man makes a killing.
John Paulson made the biggest winning bet in history. And this is how he did it.
'Extraordinary, excellent' Observer
'Simply terrific. Easily the best of the post-crash financial books' Malcolm Gladwell
'A great page-turner and a great illuminator of the market's crash' John Helyar, author of Barbarians at the Gate
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LibraryThing ReviewUser Review - halta - LibraryThing
Loved the John Paulson story---yikes he had it dead right---but took him a few years to come to fruition...wall street was on the other side to the trade wouldn't price cdo's cds's properly...until the world imploded....also tAlked about others who had it right....Michael burry,jeff green.... Read full review
Good book. A little monotonous.
It doesn't explain that CDS are different to insurance in the fact that the principle of insurable interest isn't applicable to CDS.Also, gets too much into the past and childhood of the fund managers - sometimes a bit out of context.