http://www.bloomberg.com/news/artic...ng-a-killing-in-market-everyone-left-for-dead
First came the big short. Then, for Milan Patel, came the big long.
With the financial crisis raging in January 2009, Patel and a handful of colleagues hit upon the trade of their life: They would put up their own money to buy the complex securities
that everyone else was dumping.
If investors like Michael Burry shot to fame and fortune for their bets against the crowd -- now celebrated in “The Big Short” -- Patel’s tale is a
timely reminder of keeping your nerve when all around you are losing theirs.