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

In this guide, we’ll explore the history of LTCM, how its models operated, how it achieved such dizzying success, and how it suffered such a crushing and ignominious fall. Throughout the guide, we’ll supplement Lowenstein’s account with commentary from other financial experts and analysts, including commentators who wrote after the book’s initial publication in 2000—adding insights to the LTCM story in light of subsequent events.