Brilliant Bets
Five people who rejected the conventional way of doing things—and succeeded. Read More
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Summary:
An investment banking, securities and investment management firm, which provides a range of services worldwide to a diversified
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Four investors who made then-risky investments against the subprime market in 2007:
- John Paulson, hedge fund manager. Fund up 420 percent, with a 2007 profit of $18 billion.
- Michael Swenson and Josh Birnbaum, traders,
Goldman Sachs. Netted $4 billion last year. - Andrew Lahde, hedge fund manager. Fund up 886 percent; 2007 profit not disclosed.









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