Steven Eisman, managing director at Neuberger Berman, discusses his short trade on real estate listings website Zillow Group Inc. Eisman says its growth has slowed dramatically and that its decision to start flipping homes means it’s entering a “terrible business” that’s cyclical in nature and generates low margins.

To watch the complete video, click below:

For more trends in fixed income, visit the Fixed Income Channel.

Subscribe to our free daily newsletters!
Please enter your email address to subscribe to ETF Trends' newsletters featuring latest news and educational events.