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When Genius Failed

The Rise and Fall of Long Term Capital Management

Roger Lowenstein

Lingua

Inglese

Libro In brossura

Codice Libristo: 04252004

Casa editrice HarperCollins Publishers, gennaio 2002

Picking up where Liar's Poker left off (literally, in the bond dealer's desks of Salomon Brothers) t... Descrizione completa

Codice Libristo: 04252004

27 b

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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 standard in investing.

It was to be the hedge fund to end all other hedge funds: a discreet private investment club limited to those rich enough to pony up millions.