The Greatest Trade Ever: How One Man Bet Against the Markets and Made $20 Billion - Couverture souple

Zuckerman, Gregory

Couverture souple

ISBN 10 : 0141043156 ISBN 13 : 9780141043159

Editeur : Penguin, 2010

Synopsis

The "Greatest Trade Ever" is the thrilling story of the trader John Paulson who predicted the economic crash in 2008 - and made the biggest windfall in history, by Gregory Zuckerman. Autumn 2008. The world's finances collapse but one man makes a killing. John Paulson, a softly spoken hedge-fund manager who still took the bus to work, seemed unlikely to stake his career on one big gamble. But he did - and "The Greatest Trade Ever" is the story of how he realised that the sub-prime housing bubble was going to burst, making $15 Billion for his fund and more than $4 Billion for himself in a single year. It's a tale of folly and wizardry, individual brilliance versus institutional stupidity. John Paulson made the biggest winning bet in history. And this is how he did it. "The definitive account of a sensational trade". (Michael Lewis, author of "The Big Short"). "Extraordinary, excellent". ("Observer"). "A must-read for anyone fascinated by financial madness". ("Mail on Sunday"). "A forensic, read-in-one-sitting book". ("Sunday Times"). "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").

A propos du livre

Revue de presse :

Simply terrific. Easily the best of the post-crash financial books (Malcolm Gladwell)

Greg Zuckerman was the first to tell the world about John Paulson's sensational trade . . . He's written the definitive account of a strange and wonderful subplot of the financial crisis (Michael Lewis, author of Liar's Poker)

A must-read for anyone fascinated by financial madness (Mail on Sunday)

A forensic, read-in-one-sitting book (Sunday Times)

Extraordinary, excellent (Observer)

Compelling (Economist)

Zuckerman takes us to Wall Street's heart of darkness, where mushroomed a $1 trillion subprime mortgage market that only the few, the brave, the smart dared short. This is at once a great page-turner and a great illuminator of the market's crash. (John Heylar, co-author of Barbarians at the Gate)

Much, much more than a brilliant account of Paulson's trade of the century; this book also provides a highly enjoyable and lucid journey through the analytical and emotional maze that constituted the financial markets on the eve of the Great Recession. Compulsory reading. (Mohamed El-Erian, CEO of Pacific Investment Management Co and author of When Markets Collide)

A magnificent insider look at how Paulson and others profited off of subprime's demise... insightful and gripping. (Marketfolly.com)

Biographie de l'auteur :

Gregory Zuckerman is a senior writer at the Wall Street Journal, where he pens the 'Heard on the Street' column. He appears on CNBC-TV twice a week to explain complex trades. His team has won the New York Press Club Journalism Award and the Gerald Loeb Award for their coverage of the credit crisis.

À propos de cette édition

• Éditeur: Penguin
• Date d'édition: 2010
• ISBN 10: 0141043156
• ISBN 13: 9780141043159
• Reliure: Broché
• Nombre de pages: 304