Parsad Posted June 29, 2012 Share Posted June 29, 2012 The good, the bad and everything else in between. Very good article! Cheers! http://www.bloomberg.com/news/2012-06-28/paulson-forgoes-prognostication-as-greatest-trade-sequel-flops.html Link to comment Share on other sites More sharing options...
stahleyp Posted June 29, 2012 Share Posted June 29, 2012 After going through "The Greatest Trade Ever" I don't have much respect for his investment abilities. Unlike Burry, who basically discovered the mortgage trade, someone told Paulson about it. Yeah, he made the smart move of taking it, but that's a whole lot different. Also, if you look at his results before that trade, they weren't all that great either. Link to comment Share on other sites More sharing options...
BargainValueHunter Posted June 29, 2012 Share Posted June 29, 2012 Scorn should also be heaped upon CNBC, Bloomberg and the other media outlets who pumped up this guy and other fakes as the "Geniuses of the Crash". Link to comment Share on other sites More sharing options...
Parsad Posted June 29, 2012 Author Share Posted June 29, 2012 After going through "The Greatest Trade Ever" I don't have much respect for his investment abilities. Unlike Burry, who basically discovered the mortgage trade, someone told Paulson about it. Yeah, he made the smart move of taking it, but that's a whole lot different. Also, if you look at his results before that trade, they weren't all that great either. I don't think Burry should be overly praised either. It's how they all do over time, not on any single idea. Cheers! Link to comment Share on other sites More sharing options...
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