5min chapter

Risk of Ruin cover image

Inside Long Term Capital

Risk of Ruin

CHAPTER

LTCM Fundraising - The Story of a Biggest Trader and Gambler

LTCM started with 11 partners that included Maryweather, Eric, and a number of the other accomplished traders from Solomon. Their proprietary trading group at Solomon had averaged a billion dollars a year in profit from 1990 to 92. The partners took this story and went around the world to raise an additional billion dollars.

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