Episode 421: Book Review: The Greatest Trade Ever (John Paulson)

This episode is a book review of The Greatest Trade Ever: The behind-the-scenes story of how John Paulson defied wall street and made financial history by Gregory Zuckerman. In 2006, John Paulson ran a small, middling hedge fund on Wall Street. He saw the housing crisis coming and figured out a way to bet against the market. While all the ‘professionals’ doubted him, John Paulson pulled off the greatest trade in financial history, earning more than $15 billion for his firm in 2007.