Steve Eisman

Steve Eisman worked as an equity analyst at Oppenheimer and later FrontPoint Partners, where he built short positions against subprime mortgage CDOs — correctly anticipating their collapse. His story became one of the central narratives in Michael Lewis's "The Big Short". After the crisis, he made high-profile short calls against for-profit education companies (including Trump University), banking stocks post-financial crisis, and Canadian housing. He joined Neuberger Berman in 2014. Eisman is known for his blunt, irreverent style in financial media appearances. His post-crisis career demonstrated that the analytical framework he applied to identify subprime mortgage risks was not a one-time insight but a repeatable process for identifying industries with structurally flawed business models, excessive leverage, or regulatory arbitrage that creates vulnerability to eventual correction.