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re: Ouch, Market Taking a Beating

Posted on 8/15/13 at 2:05 pm to
Posted by Doc Fenton
New York, NY
Member since Feb 2007
52698 posts
Posted on 8/15/13 at 2:05 pm to
quote:

John Paulson


The same guy who got killed this year on gold?

I think he might be about to walk into the same trap with REITs, but we already discussed real estate a good bit in that thread from last Friday.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124167 posts
Posted on 8/15/13 at 2:55 pm to
quote:

The same guy who got killed this year on gold?
Yep.
Perhaps more importantly, the guy who shorted real estate (subprime) in 2007's "greatest trade ever."
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124167 posts
Posted on 8/15/13 at 3:04 pm to
quote:

I think he might be about to walk into the same trap with REITs, but we already discussed real estate a good bit in that thread from last Friday.
OTOH, in a straight bet along those lines, a VIX position might make sense.
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