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Just to note - It was Burry that came up with the idea for using credit default swaps (CDSs) to short the subprime mortgage market. That idea eventually found
by jakarta 17y ago
Just to note -
It was Burry that came up with the idea for using credit default swaps (CDSs) to short the subprime mortgage market.
That idea eventually found its way to Paulson, who was able to use it on a larger scale.