Rondanini

Financial Library

Roger Lowenstein

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When Genius Failed

Roger Lowenstein · 2001 · Random House

LTCM and the limits of models.

  • Derivatives
  • Risk management
  • Market memoirs

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

Roger Lowenstein · 2000 · Random House

When Genius Failed chronicles the dramatic rise and fall of Long-Term Capital Management, a hedge fund that epitomised the excesses of the 1990s. This account provides insights into risk management practices and the systemic failures that led to one of the most significant financial crises of the era.

  • Risk management
  • Market memoirs
  • Crisis