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coolhand
02-26-2005, 10:49 AM
Not your grandpa's market anymore... LOL

http://tinyurl.com/3jyvt
rokid
02-26-2005, 03:03 PM
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
02-26-2005, 06:59 PM
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