When Genius Failed: The Rise and Fall of Long-Term Capital Management Summary and Reviews

When Genius Failed: The Rise and Fall of Long-Term Capital Management
by Roger Lowenstein

When Genius Failed: The Rise and Fall of Long-Term Capital Management
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Book Summary Information

Author: Roger Lowenstein
Edition: Paperback
Audio: English (Unknown); English (Original Language); English (Published)
Published: 2001-10-09
ISBN: 0375758259
Number of pages: 304
Publisher: Random House Trade Paperbacks
Product features:
  • ISBN13: 9780375758256
  • Condition: New
  • Notes: BRAND NEW FROM PUBLISHER! 100% Satisfaction Guarantee. Tracking provided on most orders. Buy with Confidence! Millions of books sold!

Book Reviews of When Genius Failed: The Rise and Fall of Long-Term Capital Management

Book Review: "It was the arrogance of people... who really believed that they were more intelligent than others."
Summary: 5 Stars

Even supposedly smart people can get utterly carried away. Perhaps they weren't as smart as they believed. In any case, we should always remember to take information and advice from "the experts" with a grain of salt.

Incidentally, Bear Stearns was the firm that cleared LTCM's trades. And now, like LTCM, Bear Stearns is pretty much no longer.

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