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The rumor I always heard on Wall Street about Paulson was that he essentially stole the idea of the sub-prime short from other investors Ideas are a dime a doz
by easilyBored 9y ago
The rumor I always heard on Wall Street about Paulson was that he essentially stole the idea of the sub-prime short from other investors
Ideas are a dime a dozen. He put his money where his mouth is. There's no shortage of people talking about China's crash and maybe one day it will. But when and are you willing to invest in that idea?
- inthewoods 9y agoOh I completely agree - my point was that may have just been lucky in this case rather than drawn any great conclusion from doing his own research - thus the lack of any follow-on investments that worked.