When Genius Failed: The Rise and Fall of Long-Term Capital Management
By Roger Lowenstein.
Description
With a new Afterword addressing today’s financial crisisA BUSINESS WEEK BEST BOOK OF THE YEARIn this business classic—now with a new Afterword in which the author draws parallels to the recent financial crisis—Roger Lowenstein captures the gripping roller-coaster ride of Long-Term Capital Management. Drawing on confidential internal memos and interviews with dozens of key players, Lowenstein explains not just how the fund made and lost its money but also how the personalities of Long-Term’s partners, the arrogance of their mathematical certainties, and the culture of...
ISBN(s)
0375758259, 9780375758256