How top traders made huge profits during the most momentousmarket events of the past century
Financial and commodity markets are characterized by periodiccrashes and upside explosions. In retrospect, the reasons behindthese abrupt movements often seem very clear, but generally fewpeople understand what's happening at the time. Top traders andinvestors like George Soros or Jesse Livermore have stood apartfrom the crowd and capitalized on their unique insights to capturehuge profits.
Engaging and informative, The Greatest Trades of All Timechronicles how a select few traders anticipated marketeruptions?from the 1929 stock market crash to the 2008 subprimemortgage meltdown?and positioned themselves to excel while amajority of others failed. Along the way, author Vincent Venezianidescribes the economic and financial forces that led to each marketcataclysm and how these individuals perceived what washappening beforehand and why they decided to place big bets, oftenat great risk and in opposition to consensus opinion at thetime.
* Traders discussed include George Soros, Jesse Livermore, PaulTudor Jones, John Templeton, and John Paulson
* Provide contemporary traders and investors with insights on howgreat traders make great trades
* Offers insights on market forecasting, mass psychology, and theimportance of personal conviction in trading
At a time when many investors are looking to the past foranswers to the future, this book brings important historicalmoments in the financial markets to life.