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,
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.
rokid wrote:Read that book over a year ago. Incredible event.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.
Here's a linkfor those that want to read a good synopsis of this debacle.
http://www.erisk.com/Learning/CaseSt..._case_ltcm.asp
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