The greatest trade ever characters
The Greatest Trade Ever is most engaging when the characters demonstrate unwavering belief in their research and seek access to markets previously limited to large banks and hedge funds. These players’ commitment to carry out their investment thesis required tremendous fortitude, as almost every other player in the market was taking the opposite side. The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History. 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. The Characters. The principal characters in the book's drama are the following: John Paulson and Paolo Pellegrini, obscure Wall Street long-timers who had never had a big hit but who ended up earning $20 billion for investors and $6 billion for themselves (mostly Paulson) The scale of Paulson's big bet, "the greatest trade ever", as Greg Zuckerman describes it, was extraordinary. By piling into complex "credit default swaps" against mortgages – in effect, insurance policies that would pay out if homeowners defaulted – his fund made an unthinkable $15bn (£9.8bn) in a year, $4bn of which he took home himself. Sometimes referred to as the greatest trade in history, Paulson's firm made a fortune and he earned over $4 billion personally on this trade alone. Paulson and his company specialize in "event-driven" investments—i.e. in mergers, acquisitions, spin-offs, proxy contests, etc.—and he has made hundreds of such investments throughout his career.
Editorial Reviews. Review. "Simply terrific. Easily the best of the post-crash financial books." derivatives and investments involved at the expense of irrelevant deep biographical background on some of the minor "characters" involved.
Newsweek — The Greatest Trade Ever “In short, The Greatest Trade Ever is a magnificent insider look at how Paulson and others profited off of subprime’s demise, detailing both the formulation and implementation of such a trade. At times, “The Greatest Trade Ever” (the subtitle is “The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History”) reads like a thriller. This book covers the same subject that Michael Lewis covers in The Big Short (Inside the Doomsday Machine) and most of the same characters. While the Big Short had Michael Burry as the central character and main point of view The Greatest Trade Ever has John Paulson at the center and the story is mostly his account of what happened. Pursuing ‘The Greatest Trade Ever’ You may be asking what this book has to do with me. Well, I could identify somewhat with the characters in the book because I also have a had a ‘trade’ on the go for seven years, for which I have had to have plenty of patience and have had to have the courage of my convictions. Amazon.in - Buy The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History book online at best prices in India on Amazon.in. Read The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History book reviews & author details and more at Amazon.in. Free delivery on qualified orders. 100 Best Characters in Fiction Since 1900 From Book magazine, March/April 2002. Listen to the Talk of the Nation discussion. 1 - Jay Gatsby, The Great Gatsby, F. Scott Fitzgerald, 1925 But in 1925, when The House Without a Key came out, he was the most positive Chinese character ever yet introduced to American and European audiences. Since then, Chan has inspired interpretations
The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History [Gregory Zuckerman] on
This book covers the same subject that Michael Lewis covers in The Big Short (Inside the Doomsday Machine) and most of the same characters. While the Big Short had Michael Burry as the central character and main point of view The Greatest Trade Ever has John Paulson at the center and the story is mostly his account of what happened. Pursuing ‘The Greatest Trade Ever’ You may be asking what this book has to do with me. Well, I could identify somewhat with the characters in the book because I also have a had a ‘trade’ on the go for seven years, for which I have had to have plenty of patience and have had to have the courage of my convictions. Amazon.in - Buy The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History book online at best prices in India on Amazon.in. Read The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History book reviews & author details and more at Amazon.in. Free delivery on qualified orders.
100 Best Characters in Fiction Since 1900 From Book magazine, March/April 2002. Listen to the Talk of the Nation discussion. 1 - Jay Gatsby, The Great Gatsby, F. Scott Fitzgerald, 1925
At times, “The Greatest Trade Ever” (the subtitle is “The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History”) reads like a thriller. This book covers the same subject that Michael Lewis covers in The Big Short (Inside the Doomsday Machine) and most of the same characters. While the Big Short had Michael Burry as the central character and main point of view The Greatest Trade Ever has John Paulson at the center and the story is mostly his account of what happened. Pursuing ‘The Greatest Trade Ever’ You may be asking what this book has to do with me. Well, I could identify somewhat with the characters in the book because I also have a had a ‘trade’ on the go for seven years, for which I have had to have plenty of patience and have had to have the courage of my convictions.
The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History. 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.
What people are saying about The Greatest Trade Ever, by Gregory Zuckerman: but because of the colorful cast of characters, all of whom might have been The book is most engaging when the characters demonstrate unwavering belief in the research and seek markets previously limited to large banks and hedge By year's end, Paulson had pulled off “The Greatest Trade Ever” in financial examines Zuckerman's remarkably insightful analysis of Paulson's character, how Buy The Greatest Trade Ever: How One Man Bet Against the Markets and Made $20 Billion by Gregory Zuckerman (ISBN: 8601404542114) from Amazon's Book
The scale of Paulson's big bet, "the greatest trade ever", as Greg Zuckerman describes it, was extraordinary. By piling into complex "credit default swaps" against mortgages – in effect, insurance policies that would pay out if homeowners defaulted – his fund made an unthinkable $15bn (£9.8bn) in a year, $4bn of which he took home himself. Sometimes referred to as the greatest trade in history, Paulson's firm made a fortune and he earned over $4 billion personally on this trade alone. Paulson and his company specialize in "event-driven" investments—i.e. in mergers, acquisitions, spin-offs, proxy contests, etc.—and he has made hundreds of such investments throughout his career.