Contact to us

News

Know about market updates

Eisman, famed for shorting subprime, explains why he’s betting against Zillow

Steve Eisman, the Neuberger Berman portfolio manager who famously profited during the 2008 collapse of the subprime mortgage market, criticized Zillow’s business model in a CNBC interview. Eisman disclosed he’s shorting the stock, which means he makes money if the share price declines. “Zillow has one of the most flawed business models I’ve seen in a very, very long time,” Eisman said.
Source: 1