When Genius Failed: The Rise and Fall of Long-Term Capital Management
Roger Lowenstein
11 Key ideas
34 MINS
4.8 (2.3k)
Money & Investments History
Ever wondered how the greed of a few can shake the entire global financial system?
Dive into the dramatic tale of Long-Term Capital Management (LTCM), a hedge fund that almost triggered a financial catastrophe. Learn about the delicate dance between risk and reward in Wall Street, and how even renowned economists and traders can falter. How did the Federal Reserve and major banks avert this disaster?
What lessons does LTCM's fall offer about the perils of overconfidence, leverage, and the unpredictability of markets?
Ever wondered how the greed of a few can shake the entire global financial system?
Dive into the dramatic tale of Long-Term Capital Management (LTCM), a hedge fund that almost triggered a financial catastrophe. Learn about the delicate dance between risk and reward in Wall Street, and how even renowned economists and traders can falter. How did the Federal Reserve and major banks avert this disaster?
What lessons does LTCM's fall offer about the perils of overconfidence, leverage, and the unpredictability of markets?
Key Ideas
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#1
Could the Collapse of a Single Hedge Fund Have Triggered a Global Financial Meltdown?
01 Jan 1970
03:57
03:57
#2
Riding the Financial High Tide: The Rise of John Meriwether's Hedge Fund Empire
01 Jan 1970
02:27
02:27
#3
Did Long-Term Capital Management's High-Stakes Trading Strategy Lead to Their Downfall?
01 Jan 1970
02:55
02:55
#4
Long-Term Capital Management: The Allure and Peril of Mathematical Models in Finance
01 Jan 1970
04:05
04:05
#5
Did Long-Term Capital Management's Overconfidence and Risky Strategies Lead to its Dramatic Collapse?
01 Jan 1970
03:09
03:09
#6
Riding the Risky Waves of Finance: The Rise and Fall of Long-Term Capital Management
01 Jan 1970
04:31
04:31
#7
Did Wall Street Legends' Overconfidence Lead to the Catastrophic Collapse of Long-Term Capital Management?
01 Jan 1970
02:52
02:52
#8
From Juggernaut to Jeopardy: The Epic Meltdown of Long-Term Capital Management
01 Jan 1970
02:43
02:43
#9
Did Human Factors Contribute to the Spectacular Collapse of Long-Term Capital Management?
01 Jan 1970
03:07
03:07
#10
Rescuing Wall Street from the Brink: The LTCM Crisis and the Consortium that Saved Global Finance
01 Jan 1970
03:04
03:04
#11
Final Recap
01 Jan 1970
02:08
02:08
About Author
Roger Lowenstein is an American financial journalist and writer best known for his work on the stock market and corporate histories. He is the author of the acclaimed book "When Genius Failed: The Rise and Fall of Long-Term Capital Management," which chronicles the dramatic rise and catastrophic fall of the hedge fund Long-Term Capital Management (LTCM) in the late 1990s. Lowenstein's investigative prowess and engaging writing style have made him a respected voice in the world of finance and economic literature.
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