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All-Around Great Book/Must Read
"I's always amazing to read what smart and aggressive people will do when it comes to money--these guys are no different than other Wall Street firm, they just were unlucky and their demise is a great Read more...
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Powerful people with lots of money should take note that it is always smart to use a bit of common sense and conservatism along the way
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Always had an interest in books like these. This was the first finance piece I've read since college and it was a blast. This book really helped me understand what's really going on beyond the academia that is shoved down our throats. Wonderful read.
Loved this book. Really simple, really straight forward understanding of risk.
"This book should be a must read in all business schools and it should come with the welcome package when you are hired as a financial professional. Reading this book, you realise that arrogance can kill anyone in the financial markets even the most brilliant minds, even Nobel prize professors! Als Read more...
Haven't been dissapointed by this at all. Plenty of great examples of how it's all done. bravo
Wow what can I say? The author really does a spectacular job telling the story of the ironically named Long Term Capital Management. LTCM was the all-star hedge fund that boasted heavyweights from the street and even Nobel Prize winners doomed to bust more than $2 billion. The journalistic style of Read more...
If your in the finance or trading industry, this book is almost a must-read. A story of the demise of Long Term Capital Management, a fund so large many thought it was impossible for the fund to fail. That it did! Good story.
"When Genius Failed is a perfect story and one of the more exciting pieces of financial literature available today. If you're not familiar with John Meriwether then you should learn about him and his journey quickly. The book takes you on a roller coaster ride about a fund he put together called L Read more...
"If you have read Liar's Poker then you will have come across John Meriwether (principle of LTCM, the hedge fund covered in this book) before as a bond trader at Saloman Brothers. This book provides more background on John and charts the rise and fall of one of the greatest hedge funds of all time. Read more...
"I's always amazing to read what smart and aggressive people will do when it comes to money--these guys are no different than other Wall Street firm, they just were unlucky and their demise is a great lesson to all to be a little more conservative and realize no matter how smart you are, no matter y Read more...
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