Book review
The Greatest Trade Ever
Summary: good book that uses repetition in a constructive way to get to the bottom of how some ‘outsiders’ made billions during the housing collapse.
These notes were published in 2019 and discuss the book’s account of the housing collapse and investment decisions as presented in the book at that time.
The Greatest Trade Ever – Gregory Zuckerman
Summary: good book that uses repetition in a constructive way to get to the bottom of how some ‘outsiders’ made billions during the housing collapse. Things I liked were that they were betting against the bank (and not only hedge funds and normal people) and that they used data to see things coming from a mile away. What was interesting is that it took very long for the bubble to burst, so if I ever want to invest against the grain, it is smart to watch when to do it.