Classic
When Genius Failed
The Rise and Fall of Long-Term Capital Management
Roger Lowenstein · 2001 · Random House
This book provides a detailed account of the rise and fall of Long-Term Capital Management, a hedge fund that epitomised the risks of financial innovation and leverage. It explores the implications of its collapse on risk management and portfolio strategies, offering insights relevant to finance professionals navigating complex market dynamics.
- Risk management
- Portfolio management
- Credit
- Market microstructure