When Genius Failed: The Rise and Fall of Long-Term Capital Management by Roger Lowenstein
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About the Book
In When Genius Failed, Roger Lowenstein delves into the dramatic rise and catastrophic fall of Long-Term Capital Management (LTCM), a hedge fund managed by renowned Nobel laureates and Wall Street elites. Through an in-depth exploration of one of the most significant financial collapses in history, Lowenstein exposes the dangers of excessive risk-taking and unchecked overconfidence in the world of finance.
This fascinating financial history highlights how LTCM's downfall shook the global markets and serves as a powerful reminder of the unpredictable nature of risk. Whether you're a finance enthusiast, an economist, or someone interested in the dynamics of Wall Street, When Genius Failed offers valuable lessons on the fragility of even the most brilliant financial strategies.
Why You Should Read When Genius Failed
- Gain insights into one of Wall Street’s most infamous financial collapses.
- Learn about the risks and rewards of hedge funds and high-stakes trading.
- Understand the long-term implications of financial miscalculations.
- A must-read for finance professionals, students, and anyone interested in economic history.
Ready to learn from one of Wall Street’s biggest failures? Buy When Genius Failed by Roger Lowenstein now!