Back in 2006, hunched over spreadsheets, hedge fund titan John Paulson realised that the housing market was vastly overstretched. Fuelled by sub-prime mortgages, it was a classic bubble ready to burst. He had waited his whole life for this perfect trade.
Paulson, who had never dealt in real-estate before, struggled to convince bullish Wall Street investors about the coming crash. But as house prices began to falter and the financial system collapsed, he reaped the rewards. He made a now-legendary series of trades, executed with technical skill and perfect timing.
The results were spectacular. In a single morning in late 2007 Paulson made $1.25bn from a five-point fall in the markets. Across the year he earned $15 billion for his fund, including $4 billion for himself - more than the incomes of J.K Rowling, Oprah Winfrey and Tiger Woods put together. It was the largest trading windfall in history by far, securing his place in the history books alongside Warren Buffet and George Soros.
Written with the exclusive co-operation of the highly secretive Paulson, The Greatest Trade Ever tells the full story of his trade for the first time. Like Barbarians at the Gate 20 years ago, it also tells a wider story of staggering wealth accumulation, hubris and financial whizzery. It is essential reading for anyone seeking to understand the inner workings of the markets - and trying to spot the next bubble.
"Sobre este título" puede pertenecer a otra edición de este libro.
Gastos de envío:
EUR 9,00
De Alemania a Estados Unidos de America
Descripción Befriedigend/Good: Durchschnittlich erhaltenes Buch bzw. Schutzumschlag mit Gebrauchsspuren, aber vollständigen Seiten. / Describes the average WORN book or dust jacket that has all the pages present. Nº de ref. del artículo: M00670918369-G
Descripción Paperback. Condición: Good. Bumped edges and book is warped Sun damage to edge of pages Next day dispatch. International delivery available. 1000's of satisfied customers! Please contact us with any enquiries. Nº de ref. del artículo: mon0000269239
Descripción paperback. Condición: Very Good. Bumped edges. Slight scratches to cover. Creased cover. Creased pages. Sun Damage to edge of pages. Appears unread, may have minor damage from transit/storage. Next day dispatch from the UK (Mon-Fri). Please contact us with any queries. Nº de ref. del artículo: mon0000630808
Descripción Paperback. Condición: Good. Same day/next day dispatch (Monday-Friday). Nº de ref. del artículo: mar0000019644