

#2194
Mentioned in 12 episodes
When Genius Failed
Book • 1994
When Genius Failed is a detailed account of the spectacular collapse of Long-Term Capital Management (LTCM), a hedge fund that was founded by Nobel Prize-winning economists and managed by some of the most brilliant minds in finance.
The book explores the fund's rapid ascent, its complex trading strategies, and the catastrophic events that led to its downfall.
Lowenstein provides a gripping narrative that delves into the psychological and financial factors that contributed to LTCM's failure, offering insights into the risks and consequences of high-stakes financial speculation.
The book explores the fund's rapid ascent, its complex trading strategies, and the catastrophic events that led to its downfall.
Lowenstein provides a gripping narrative that delves into the psychological and financial factors that contributed to LTCM's failure, offering insights into the risks and consequences of high-stakes financial speculation.
Mentioned by


























Mentioned in 12 episodes
Recommended by Peter Thiel to ![undefined]()

to learn about hedge funds.

Jason Portnoy

491 snips
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Mentioned by Roger Lowenstein as the book he wrote about Long-Term Capital Management.

389 snips
The rise and fall of Long Term Capital Management
Mentioned by ![undefined]()

, who referenced his book on Long-Term Capital Management (LTCM) and fat tail distributions.

Benjamin Felix

164 snips
Episode 369: The Most Important Quotes in Investing
Mentioned by 

in relation to Long-Term Capital Management's rise and fall.


Kyle Grieve

152 snips
TIP641: Improve Decision Making with Mental Models w/ Clay Finck & Kyle Grieve
Mentioned by 

as an instructive cautionary tale about failing to learn from history and the danger of leverage.


Barry Ritholtz

99 snips
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Mentioned by 

as a case study of Long-Term Capital Management's rise and fall.


Clay Finck

87 snips
TIP707: The Collapse of Long-Term Capital Management w/ Clay Finck
Mentioned by 

as a favorite and cautionary tale about the risks of leverage and hedge funds.


Karin Risi

36 snips
Influencing Capital Allocation with Karin Risi
Mentioned by 

as an author whose books he enjoys reading.


Jack Farley

24 snips
Jack Farley: Tariffs, Quants, Short Selling & Other Monetary Matters
Mentioned by ![undefined]()

when discussing the dangers of leverage in investing.

Adam Shapiro

15 snips
RWH048: Betting Billions On Outlier Talent w/ Adam Shapiro
Mentioned by ![undefined]()

as a wake-up call.

Duncan Hill

What’s the Biggest Risk Right Now?
Mentioned by 

as one of the best books of all time regarding hedge fund blowups.


Matt Walsh

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Mentioned as a great example of the risk in being overconfident when investing.

Uncompensated Risks in VC | Wendy Li | Superclusters | S5E12
Recommended by 

as an interesting business book about the rise and fall of Long-Term Capital Management.


Ilya Sukhar

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Mentioned by 

in the closing segment of the podcast.


Ryan Sean Adams

74 - The History of Electronic Markets | Tarun Chitra
Mentioned by 

in relation to Long-Term Capital Management's collapse.


Brian McCullough

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Recommended by 

as a case study of correlation breakdown and financial stress.


John Fell

Trade, tensions, tariffs... and a whole world of uncertainty
Mentioned by ![undefined]()

as one of the books on LTCM.

Dean Curnutt

Anniversary Episode: Reflections on the Podcast
Mencionado por ![undefined]()

como el autor de una de las mejores biografías de Warren Buffett.

Pablo Martínez Bernal

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