Hedge Funds

[coolhand]

Not your grandpa's market anymore... LOL

http://tinyurl.com/3jyvt

[rokid]

Coolhand,

An excellent article. Reminds me of The Rise and Fall ofLong-Term Capital Management by Roger Lowenstein, i.e. smart people, greed, and ultimate collapse.

I wonder how MT's hedge fund is doing.

[coolhand]

rokid wrote: Coolhand,

An excellent article. Reminds me of The Rise and Fall ofLong-Term Capital Management by Roger Lowenstein, i.e. smart people, greed, and ultimate collapse.

I wonder how MT's hedge fund is doing.



Read that book over a year ago. Incredible event.

Here's a linkfor those that want to read a good synopsis of this debacle.

http://www.erisk.com/Learning/CaseStudies/ref_case_ltcm.asp