Greatest Trade Ever How John Paulson Bet Against the Markets and Made 20 Billion

Back in 2006, Hunched Over Spreadsheets, Hedge Fund Titan John Paulson Realised That the Housing Market Was Vastly Overstretched. Fuelled by Sub-Prime Mortgages, It Was a Classic Bubble Ready to Burst. He Had Waited His Whole Life for This Perfect Trade. Paulson, Who Had Never Dealt in Real-Estate Before, Struggled to Convince Bullish Wall Street Investors About the Coming Crash. but As House Prices Began to Falter and the Financial System Collapsed, He Reaped the Rewards. He Made a Now-Legendary Series of Trades, Executed With Technical Skill and Perfect Timing. the Results Were Spectacular. in a Single Morning in Late 2007, Paulson Made $1.25Bn From a Five-Point Fall in the Markets. Across the Year, He Earned $15 Billion for His Fund, Including $4 Billion for Himself - More Than the Incomes of J.K Rowling, Oprah Winfrey and Tiger Woods Put Together. It Was the Largest Trading Windfall in History by Far, Securing His Place in the History Books Alongside Warren Buffet and George Soros.