Hedge Funds

[coolhand]

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rokid wrote:

Coolhand,

An excellent article. Reminds me of The Rise and Fall ofLong-Term Capital Management by Roger Lowenstein, i.e. smart people, greed, and ultimate collapse.

I wonder how MT's hedge fund is doing.

Read that book over a year ago. Incredible event.

Here's a linkfor those that want to read a good synopsis of this debacle.

http://www.erisk.com/Learning/CaseStudies/ref_case_ltcm.asp

 

[rokid]

imported post

Coolhand,

An excellent article. Reminds me of The Rise and Fall ofLong-Term Capital Management by Roger Lowenstein, i.e. smart people, greed, and ultimate collapse.

I wonder how MT's hedge fund is doing.

 

[coolhand]

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Not your grandpa's market anymore... LOL

http://tinyurl.com/3jyvt