Steve Jobs Made The ‘Dumbest Trade Ever’ And Lost $10 Billion In 2003 [video]

You’ve already heard about “the greatest trade ever” , but no one’s told you about the dumbest trade ever

You’ve already heard about “the greatest trade ever” – hedge fund manager John Paulson’s giant score betting against subprime mortgage bonds. But no one’s told you about the dumbest trade ever.Sure, there are plenty of contenders.But this one is a doozy… [via MarketWatch]

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