Via Best Broker Deals H/T StreetEye
If you’ve been out to see ‘The Big Short‘ in cinemas recently then you’ll know all about the subprime mortgage crisis and the small number of funds who made enormous profits from it. Of course, the four groups covered in the film and the Michael Lewis book on which it is based weren’t the only ones.
In one of the greatest trades of all time, John Paulson bet heavily against the housing market and made more than $15 billion, transforming his hedge fund into the third largest in the world, and netting a personal profit of $4 billion.
The 10 Best & Worst Trades of All Time
To see the 10 best and worst trades of all time, discover how these huge profits and losses were achieved, and learn about the traders behind them, take a look at the graphic below.
All of the traders featured in this graphic had access to substantial funds, and yet some of them made enormously costly errors that lost them billions of dollars: this just goes to show that even “the smart money” can get it hopelessly wrong, and that being well capitalized is no guarantee of success. Your trading decisions are what truly count over time, not how much money you start out with.
