By Nathan Vardi in Forbes:

Lots of people claim to have seen the financial crisis coming, but few actually banked on it. Andy Beal did. He virtually shut down his Beal Bank between 2004 and 2007. When the financial crisis hit, he started buying, and the early results of his work are now in.

So what is Beal’s current outlook? Beal says his ideas are hardly novel, but given his track record, I thought readers would be interested. From my notes of our recent conversation, here are some of Beal’s thoughts...

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