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When Genius Failed: The Rise and Fall of LongTerm Capital Management
17Roger Lowenstein’s “When Genius Failed” chronicles the spectacular rise and fall of Long-Term Capital Management (ISBN: 9780375758256). This business classic reveals the hubris and flawed mathematical models behind LTCM’s $100 billion collapse, foreshadowing the 2008 financial crisis. Explore the personalities, culture, and devastating consequences that shook Wall Street. Now with a new Afterword connecting LTCM’s demise to modern market meltdowns.