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 lesson to all to be a little more conservative and realize no matter how smart you are, no matter your wealth, quality or duration of research or access to specialized information, you can ALWAYS be wrong so don't use ridiculous leverage and risk failing like these dudes.
That's one lesson...the other one is: finance is so misunderstood, if you see a way to make some massive profits and take on risk with OPM, screw it, you only live once right? All the major players are at other hedge funds now and still making tens, if not hundreds of millions per year...enjoy the widespread ignorance and live the good life no matter if the press or authors make you out to be the bandit that you really are.
I prefer the 1st lesson but its up to the reader to decide :)
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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