In short, the greatest trade ever is a magnificent insider look at how paulson and others profited off of subprimes demise, detailing both the formulation and implementation of such a trade. Paulson approached banks, including goldman and bear stearns among others. This site is like a library, use search box in the widget to get ebook that you want. The greatest trade ever audiobook listen instantly. And no matter who opposes it, the swing must inevitably run as far and as fast and as long as the impelling forces determine. Enjoy a great reading experience when you buy the kindle edition of this book.
The behindthescenes story of how john paulson defied wall street and made financial history by gregory zuckerman. The book investigates the reasons and consequences of the subprime mortgage crisis and the role that hedge fund manager john paulson played in those events. In 2006, hedge fund manager john paulson realized something few others suspectedthat the housing market and the value of subprime mortgages were grossly inflated and headed for a major fall. The book was released on november 3, 2009 by crown business. Profiting from the crash in his 2009 book, wall street journal reporter greg zuckerman was the first to lay out how mr. The scale of paulsons big bet, the greatest trade ever, as greg. More than a cinematic narrative of how paulson and others figured out how to short the market. A book by gregory zuckerman, the greatest trade ever, tells how john paulson bet against the mortgage market and made billions of dollars. The greatest trade ever is aptly titled, for it is possibly the greatest book to come out of the financial crisis of 2007 2008, and its certainly up there in the top 3. The greatest trade ever audiobook by gregory zuckerman. The greatest trade ever pdf book download for freethe behindthescenes story of how john paulson defied wall street and made financial historythe greate. In 2006, hedge fund manager john paulson realized somethin.
Michael lewis says this book is the best ever written on. Paulson made billions more in 2008 by transforming his gutsy move. Over time, the paulson trade gained a second moniker one besides the greatest trade ever. This book really made me stop and think about the financial industry in more depth. The scale of paulsons big bet, the greatest trade ever, as greg zuckerman describes it, was extraordinary. The greatest trade ever download ebook pdf, epub, tuebl. In 2006, hedge fund manager john paulson realized something few others suspectedthat the housing market and the.
He profited handsomely from the black monday crash in the fall of 1987, the largest singleday u. In addition to detailing what the books title deems, the behindthescenes story of how john paulson defied wall street and made financial history, zuckerman manages to humanize paulson through his insider look. The behindthescenes story of how john paulson defied wall street and made financial history, a new york times and wall street journal bestseller. The greatest trade ever pdf download for freedownload for free. The greatest trade ever by zuckerman, gregory ebook. After reading this book, i have come to the conclusion that one must follow the path they believe in most. Two book editors for the present their list of the 16 greatest books of all time, with a list of runnerups as well. The behindthescenes story of how john paulson defied wall street and made financial history in 2006, hedge fund manager john. The behindthescenes story of how john paulson defied wall street and made financial history in 2006, hedge fund manager john paulson realized something few others suspectedthat the housing market and the value of subpr. We also get a closetotheground view of the machinations of wall street which is fascinating in and of itself.
Zuckerman is a firstrate reporter who is also able to explain the complexities of real. The behindthescenes story of how john paulson defied wall street and made financial history is a debut nonfiction book by american journalist gregory zuckerman. Gregory zuckerman special writer at the wall street journal. The behindthescenes story of how john paulson defied wall street and made financial history book online at best prices in india on. Written by a prizewinning reporter, the greatest trade ever is a superbly written, behindthescenes narrative of how hedge fund manager john paulson foresaw the escalating financial crisis and turned a falling housing market into financial history. The greatest trade ever the greatest trade ever audiobook, by gregory zuckerman. Click download or read online button to get the greatest trade ever book now. Gregory zuckerman, the greatest trade ever youtube. Review to be honest, i was bit apprehensive when i started with this book. The greatest trade ever books pics download new books. The english pen staff compiled a list of the best works not written in the english language. In short, this book is a five star read on many dimensions. John paulson, a softly spoken hedgefund manager who still took the bus to work, seemed unlikely to stake his career on one big gamble.
Do we really need to hear another retelling of the events that led to the collapse that may have dimmed the career prospects of an entire generation of. Paulsons background was in mergers and acquisitions, however, and he knew little about real estate. Bookwatch michael lewis says this book is the best ever written on stock trading published. Written by the prizewinning reporter who broke the story in the wall street journal, the greatest trade ever is a superbly written, fastpaced, behindthescenes narrative of how a contrarian foresaw an escalating financial crisisthat outwitted chuck prince, stanley oneal, richard fuld, and wall streets titansto make financial history. Make your own road, just dont drive on the road that is paved in front of you. You have to trade in the direction of the current trend whether this is the greatest trading book of all time may be up for debate, but it most definitely the most influential book in the trading business. However, the book title is a bit of a misnomer in my mind. What went into paulsons success was arriving at a very simple analysis of how real estate prices had varied from what the historical trend suggested. Gregory zuckerman a superbly written, behindthescenes narrative of how hedge fund manager john paulson foresaw the escalating financial crisis and turned a falling housing market into financial history. This was 4th book in quick succession on the same topic for me and i feared it may not capture my interest. The greatest trade ever by gregory zuckerman trading.
The greatest trade ever gregory zuckerman special writer at. The greatest trade ever by gregory zuckerman, 9780385529945. Bloomberg 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 pellegrinias well as a few other investorsbucked conventional wisdom and saw through the housing hype. The greatest trade ever is a candy store for those with an interest in finance, the politics of making money, and the study of risk and return. All these parameters have a bearing in deciding which trade can be called best. This book tells the story of one such refusenik, hedge fund manager john. The greatest trade ever by wall street journal reporter gregory zuckerman has been a book i had kept meaning to read, although i had initially assumed it was probably just another book on the. The greatest trade ever is a fascinating and entertaining read, fully comprehensible for those nonwall street insiders, exposing the underbelly of the financial industry in the midst of the bursting housing bubble. In the greatest trade ever, gregory zuckerman details. In 2006, hedge fund manager john paulson realized something few others suspectedthat the housing market and the value of subprime mortgages were grossly inflated. The greatest trade ever i couldnt put the book down. The reader gets to follow the execution of, literally, the greatest trade ever.
Where can i find a free pdf of the book the greatest. Everyday low prices and free delivery on eligible orders. Gregory zuckerman is a special writer at the wall street journal and the author of the greatest trade ever. It is also a book that considers the ethical dilemmas we are faced with in business. Sarasota heraldtribune the greatest trade ever is aptly titled, for it is possibly the greatest book to come out of the financial crisis of 2007 2008, and its certainly up there in the top 3. Thanks to a bestselling book about the mortgage crisis that was written by michael lewis, the paulson. The behindthescenes story of how john paulson defied wall street and made financial history is a debut nonfiction book by. At times breath taking in its idolizing of greed, and the way the us crisis became a global crisis. Gregory zuckermans new book, the greatest trade ever, somewhat changes that.