Marc Levine's strategy of avoiding sub-prime mortgage backed securities before the financial 2008 crisis, and subsequently purchasing the same sub-prime securities for pennies on the dollar post-meltdown in 2009, turned out some incredible returns. Hear him retell the story to Thiel Macro's Michael Green for Real Vision. This is a clip excerpted from a video published on Real Vision on March 23, 2018.
In this series, some of the biggest names in the financial industry share their experiences of getting it right at the right time. Hear about successful trades from the people who made them.