International Business Times has a list of some of the “Greatest Trades Ever.”
It is rather incomplete, leaving out Felix Zulauf’s Japan short in 1989, any Bullish trade in 1982, numerous stock specific trades (Long Apple, Short Enron, etc.), the many trades against the Dot Com bubble, in favor of Treasuries (1982-2010).
Regardless, it is an interesting conversation starter:
International Business Times "“ Top 10 greatest trades of all time 1. John Paulson's bet against subprime mortgages 2. Jesse Livermore's call on the Crash of 1929 3. John Templeton's foray into Japan 4. George Soros' breaking of BOE 5. Paul Tudor Jones' shorting of Black Monday 6. Andrew Hall's $100 oil prediction 7. David Tepper's 2009 bet on financials 8. Jim Chanos' prescient shorts 9. Jim Rogers' early call on commodities 10. Louis Bacon's geopolitical play
Note the bias towards big macro calls . . .
>
Source: Top 10 greatest trades of all time International Business Times January 6, 2011 3:40 PM ESThttp://www.ibtimes.com/articles/98377/20110106/greatest-trades-of-all-time.htm#
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
I’d put Michael Burry ahead of JP when it comes to subprime, after all, he was the first guy to “get it”
It’s not who gets it first, it’s who makes the most from getting it. Just “Getting it early” is for chumps like me.
BR, I’d love to see your name make the future list ;-)
Speaking about macro stuff, are you going to post your macro view for 2011?
I remember seeing Doug Kass’ macro perspective for 2011 in the older post (http://www.ritholtz.com/blog/2010/12/kass-15-surprises-2011/#more-61710), but I don’t recall seeing yours.
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"Foul cankering rust the hidden treasure frets, But gold that's put to use more gold begets." ~William Shakespeare, Venus and Adonis, 1593
To quantify the gains in food prices seen, the CRB foodstuffs sub index last night rose to exactly match its record high reached in July '08. The index dates back to 1981 and includes butter, cocoa, corn, hogs, lard, soybean oil, steers, sugar and wheat. Also, the Journal of Commerce index today is rising to a record high, exceeding the previous July '08 high and this index dates back to 1985. The JOC index includes cotton, burlap, steel, copper, aluminum, zinc, lead, tin, nickel, hides, rubber, tallow, plywood, red oak, benzene, crude oil, ethylene and natural gas. ...
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