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Start giftingThe Greatest Trade Ever
How One Man Bet Against the Markets and Made $20 Billion
Due to publisher restrictions, this audiobook is unavailable for purchase in your selected country.
Narrator
Marc Cashman
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Length
11 hours 40 minutes
Language
English
Brought to you by Penguin.
'The definitive account of a sensational trade' Michael Lewis, author of The Big Short
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.
'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
Gregory Zuckerman is a special writer at the Wall Street Journal. He writes about business subjects like financial trades, hedge funds and private-equity firms, and about innovation and cutting-edge science. He's a three-time winner of the Gerald Loeb Award, the highest honour in business journalism. Zuckerman is the author of The Greatest Trade Ever and The Frackers, and he appears regularly on CNBC, Fox Business, and the BBC. He lives in New York.