When Genius Failed: The Rise and Fall of Long-Term Capital Management

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Picking up where Liar's Poker left off (literally, in the bond dealer's desks of Salomon Brothers) the story of Long-Term Capital Management is of a group of elite investors who believed they could beat the market and, like alchemists, create limitless wealth for themselves and their partners. Founded by John Meriweather, a notoriously confident bond dealer, along with two Nobel prize winners and a floor of Wall Street's brightest and best, Long-Term Captial Management was from the beginning hailed as a new gold ...

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John M

Aug 2, 2012

The Dress Rehearsal

The world financial system almost melted down one other time before 2007-2008.

The failure of hedge fund Long Term Capital Management is compellingly told in this very readable book.

They should have made a movie out of it!

1 Silent Rating

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