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Terrific Article on Paulson


Parsad
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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.

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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!

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