
The Greatest Trade Ever | ADI Book Club 7
After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments
Complexity of Trading and the Role of Banks in the Subprime Crisis
This chapter discusses the rare occurrence of huge swings in trading, focusing on how banks sold subprime protection to investors but kept the positions for themselves in the subprime crisis. The complexity of the details and the importance of not trusting bankers in such deals are highlighted, providing eye-opening anecdotes and stories.
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