The Greatest Trade Ever: How One Man Bet Against the Markets and Made $20 Billion

The greatest trade ever is the thrilling story of the trader john paulson who predicted the economic crash in 2008- and made the biggest windfall in history, by gregory zuckerman. 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. 'the definitive account of a sensational trade' michael lewis, author of the big short'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