#2104
Mentioned in 10 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 10 episodes
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 
Barry Ritholtz as an instructive cautionary tale about failing to learn from history and the danger of leverage.
Barry Ritholtz as an instructive cautionary tale about failing to learn from history and the danger of leverage.
99 snips
Efficient Frontier Advisors Co-Founder & Neurologist Bill Bernstein
Mentioned by 
Karin Risi as a favorite and cautionary tale about the risks of leverage and hedge funds.
Karin Risi as a favorite and cautionary tale about the risks of leverage and hedge funds.36 snips
Influencing Capital Allocation with Karin Risi
Recommended by 
Ilya Sukhar as an interesting business book about the rise and fall of Long-Term Capital Management.
Ilya Sukhar as an interesting business book about the rise and fall of Long-Term Capital Management.
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Mencionado por Pablo Martínez Bernal como el autor de una de las mejores biografías de Warren Buffett.
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