🏡 “I still believe that buying a house is the best investment anyone can make.”

• John Paulson

- Paulson refers in his quote to the importance of investing one’s money in trading, but on the condition that one organizes his expenses. Trading is risky, and no trader should risk more capital than he can afford to lose. Although trading is an opportunity to grow your capital, it should not be at the expense of your peace of mind or your ability to cover your daily expenses.

🎆 Did you know?

◀️ Paulson was one of the few who got the timing right after realizing that the real estate bubble was about to burst. Paulson proceeded to sell short collateralized debt obligations, after seeking banks to issue credit default swaps.

💸🔥 Paulson made millions of dollars with this!

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