When Genius Failed

When Genius Failed

The Rise and Fall of Long-Term Capital Management
by Roger Lowenstein
Money & Investments 19 min read ★★★★☆ 4.1 (136)
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About This Book

When Genius Failed (2001) follows the rise and fall of Long-Term Capital Management, the world’s largest ever investment fund. The book reveals uncomfortable truths about the nature of investment and the fragility of the models we use to assess risk.

Who Should Read This?

  • Anyone interested or working in investment banking
  • Anyone interested in risk calculation
  • Anyone thinking about investing in a hedge fund

About the Author

Roger Lowenstein is an American financial journalist and contributor to the Wall Street Journal. In addition to his many articles and book reviews, he has also written five best-selling books, including The End of Wall Street and While America Aged.