October 19th, 2009John Paulson’s Greatest Real Estate Trade
Hedge fund manager John Paulson began to make enormous derivative bets in 2006 against the largest bubble in history – grossly overpriced real estate. Certainly he was not the only one to see the disaster coming, but he profited the most from it, raking in over $15 billion for his firm, and dwarfing George Soros’s $1 billion currency trade win from 1992. To read more about the greatest trade ever, and John Paulson’s new fortune, place your pre-order for the book below.
The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History by Gregory Zuckerman