3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP558: How Ackman & Taleb Profited Billions During Market Crashes w/ Scott Patterson

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Chaos Kings

Scott Patterson: You never know what regulators are going to do. He says firms created new trading strategies and derivatives that were expressly designed to benefit from a blow up in the housing market. "It's not just like their pirates that are, you know, raping, impilaging and making money on other people's misery"

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