Odd Lots: How to Make a Fortune When Everyone Else Is Losing Their Minds

The opposite of The Big Short

The Investors Who Made a Killing in a Forgotten Market

Every week, hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance, and economics.

Everybody knows by now that a handful of hedge funders made a fortune by betting against housing before the market crashed back in 2008. Of course, people who bought at the bottom—when everyone else was panicking—also did extremely well.

In the latest episode of Odd Lots we speak with Bloomberg's Alastair Marsh, who discovered two traders who won big time by putting up their own money to buy the most toxic assets in the world during the depths of the panic in early 2009.

It wasn't as easy as you might think but it is a great story of how determined investors can make a fortune by going long when everyone else is flipping out.  

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SoundCloud: Episode: 16 How to Make Money When Everyone Else Is Losing Their Minds by Bloomberg Business

 

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