The Greatest Trade Ever The Behind The Scenes Story of How John Paulson Defied Wall Street and Made Financial History 1st Edition by Gregory Zuckerman ISBN 0385529945 9780385529945

The Greatest Trade Ever The Behind The Scenes Story of How John Paulson Defied Wall Street and Made Financial History 1st Edition by Gregory Zuckerman – Ebook PDF Instant Download/Delivery. 0385529945 ,9780385529945
Full download The Greatest Trade Ever The Behind The Scenes Story of How John Paulson Defied Wall Street and Made Financial History 1st Edition after payment

Product details:
ISBN 10: 0385529945
ISBN 13: 9780385529945
Author: Gregory Zuckerman

In 2006, hedge fund manager John Paulson realized something few others suspected–that the housing market and the value of subprime mortgages were grossly inflated and headed for a major fall.  Paulson’s background was in mergers and acquisitions, however, and he knew little about real estate or how to wager against housing.  He had spent a career as an also-ran on Wall Street. But Paulson was convinced this was his chance to make his mark. He just wasn’t sure how to do it.  Colleagues at investment banks scoffed at him and investors dismissed him.  Even pros skeptical about housing shied away from the complicated derivative investments that Paulson was just learning about.  But Paulson and a handful of renegade investors such as Jeffrey Greene and Michael Burry began to bet heavily against risky mortgages and precarious financial companies. Timing is everything, though. Initially, Paulson and the others lost tens of millions of dollars as real estate and stocks continued to soar. Rather than back down, however, Paulson redoubled his bets, putting his hedge fund and his reputation on the line.
     In the summer of 2007, the markets began to implode, bringing Paulson early profits, but also sparking efforts to rescue real estate and derail him. By year’s end, though, John Paulson had pulled off the greatest trade in financial history, earning more than $15 billion for his firm–a figure that dwarfed George Soros’s billion-dollar currency trade in 1992.  Paulson made billions more in 2008 by transforming his gutsy move.  Some of the underdog investors who attempted the daring trade also reaped fortunes. But others who got the timing wrong met devastating failure, discovering that being early and right wasn’t nearly enough.
     Written by the prizewinning reporter who broke the story in The Wall Street Journal, The Greatest Trade Ever is a superbly written, fast-paced, behind-the-scenes narrative of how a contrarian foresaw an escalating financial crisis–that outwitted Chuck Prince, Stanley O’Neal, Richard Fuld, and Wall Street’s titans–to make financial history.

The Greatest Trade Ever The Behind The Scenes Story of How John Paulson Defied Wall Street and Made Financial History 1st Edition Table of contents:

• Introduction

  • Overview of the financial crisis and the trade
  • Introduction to John Paulson and his unconventional strategy

• Chapter 1: The Beginning of the Crisis

  • The rise of the housing bubble and its collapse
  • Early signs of trouble in the market
  • Key players and events leading to the financial crisis

• Chapter 2: John Paulson’s Journey

  • Paulson’s background and career prior to the trade
  • His transition from a relatively unknown investor to a Wall Street figure
  • His observations and analysis of the housing market

• Chapter 3: The Big Bet

  • Paulson’s decision to short the housing market
  • The financial instruments used for the trade
  • His team’s work in analyzing the subprime mortgage market

• Chapter 4: Resistance and Skepticism

  • Wall Street’s reaction to Paulson’s ideas
  • The skepticism from other investors and experts
  • The internal struggles and challenges Paulson faced

• Chapter 5: The Trade Takes Shape

  • The mechanics of the trade
  • Working with Goldman Sachs to create the financial instruments
  • Key events leading up to the execution of the trade

• Chapter 6: Betting Against the Market

  • The moment when the trade was put in motion
  • The buildup to the crisis as Paulson’s bet begins to unfold
  • Tensions and conflicts with other investors and Wall Street firms

• Chapter 7: The Crash

  • The unfolding of the housing market collapse
  • How the trade began to pay off for Paulson
  • The moment of financial victory as the markets crashed

• Chapter 8: The Aftermath

  • The aftermath of the financial crisis
  • Paulson’s newfound status and wealth
  • The effects on the broader financial system

• Chapter 9: A New Era in Finance

  • The legacy of Paulson’s trade on Wall Street
  • Changes in risk-taking and investment strategies
  • The broader implications for financial markets and regulation

• Conclusion

  • Final reflections on John Paulson’s achievement
  • Lessons learned from his strategy and the financial crisis
  • The impact of the trade on future financial markets and investments

People also search for The Greatest Trade Ever The Behind The Scenes Story of How John Paulson Defied Wall Street and Made Financial History 1st Edition:

the greatest trade of all time

the greatest trade ever summary

the greatest trade ever

who is the greatest traders of all time