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

By Roger Lowenstein

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

You can view this book's Amazon detail page here.

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Started reading:
20th June 2010
Finished reading:
27th June 2010

Review

Rating: 9

An interesting look at the crash that happened in 1998 but with a similar cause as the 2008 crash. People expect the diversity to save them, but sometimes diverse assets are all effected by a black swan.