The Greatest Trade Ever
Tuesday, November 10, 2009 : PermalinkNewsWeek – In a span of just three years, hedge-fund manager John Paulson went from practically unknown to practically unparalleled. After a series of smart bets against the housing market made Paulson’s hedge fund billions of dollars—including days where it made more than $1 billion—he earned a place alongside George Soros and Warren Buffett as an oracle of investing.
In his new book, The Greatest Trade Ever, Gregory Zuckerman, a reporter at The Wall Street Journal, examines how the unlikely team of Paulson and assistant Paolo Pellegrini—as well as a few other investors—bucked conventional wisdom and saw through the housing hype.
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Ivy Zelman: “Home prices are going back down”
(naked capitalism, 11/20/09)
Is Warren Buffett Signaling a Housing Recovery?
(Investment U, 11/5/09)
Zandi on Housing: "I think we are going see to another leg down"
(Wealth Daily, 11/20/09)
The Worst Is Not Over
(Financial Armageddon, 1/2/10)