When Genius Failed
The Rise and Fall of Long-Term Capital Management
What's it about
Ever wondered how a group of Nobel Prize-winning geniuses could nearly bring down the entire global financial system? This is the story of a hedge fund that thought it had the perfect, risk-proof formula for making money, only to see it all spectacularly implode. Discover the fatal flaws in their "genius" strategy and learn why even the smartest people can be blind to their own assumptions. You'll get a front-row seat to the high-stakes drama, understand the crucial lessons on risk and hubris, and see exactly how a few bad bets threatened to cause a worldwide economic meltdown.
Meet the author
Roger Lowenstein is an acclaimed financial journalist and bestselling author renowned for his ability to translate complex economic events into compelling, human-centered narratives. A former Wall Street Journal reporter with decades of experience, he possesses a rare talent for getting inside the minds of Wall Street's biggest players. This unique access and deep understanding of market psychology allowed him to meticulously document the hubris and brilliance behind the epic collapse of Long-Term Capital Management, revealing timeless lessons about risk.
What's it about
Ever wondered how a group of Nobel Prize-winning geniuses could nearly bring down the entire global financial system? This is the story of a hedge fund that thought it had the perfect, risk-proof formula for making money, only to see it all spectacularly implode. Discover the fatal flaws in their "genius" strategy and learn why even the smartest people can be blind to their own assumptions. You'll get a front-row seat to the high-stakes drama, understand the crucial lessons on risk and hubris, and see exactly how a few bad bets threatened to cause a worldwide economic meltdown.
Meet the author
Roger Lowenstein is an acclaimed financial journalist and bestselling author renowned for his ability to translate complex economic events into compelling, human-centered narratives. A former Wall Street Journal reporter with decades of experience, he possesses a rare talent for getting inside the minds of Wall Street's biggest players. This unique access and deep understanding of market psychology allowed him to meticulously document the hubris and brilliance behind the epic collapse of Long-Term Capital Management, revealing timeless lessons about risk.
The Script
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