Channel: The Duomo Initiative

Category: Education

Tags: the duomo initiativethe duomo methodmark baumsteve eisman big shortthe big shortduomo initiativesteve eismanmark baum big shortduomo methodmark baum the big shortduomosteve eisman the big shorteismansteve eisman interviewmichael lewis

Description: Steve Eisman is best known for having shorted collateralised debt obligations and profiting from the collapse of the US housing bubble in the 2008 crash. Check out our FREE training for traders ► bit.ly/free-trader-training **** Start learning the Duomo Method (course and community) ► bit.ly/LearnDuomoMethod Follow us on Instagram for more trading lessons ► instagram.com/duomoinitiative **** At the time Steve was at FrontPoint Partners LCC, which was a unit of Morgan Stanley and was said to be managing over $1 billion for the company. What was thought by many to be a ridiculous trade and a sure loser eventually earned Steve legendary status, millions in profits and a feature in the book ‘The Big Short: Inside the Doomsday Machine’ by Michael Lewis. If you don’t recognise the name maybe you may know him as Mark Baum, the character based on Eisman, played by Steve Carell in the movie version of The Big Short. This video has 5 clips of market wisdom from Steve Eisman from the following sources: Steve Eisman's Top Tips (Hargreaves Lansdown) youtube.com/watch?v=5CEwlmABp5Y Steve Eisman on Economic Risk youtube.com/watch?v=-Spgt3Am-JY Steve Eisman: ”It’s very hard to short a stock that’s a cult” youtube.com/watch?v=KzKvH93A0Uc