Ketika Genius Gagal
About this book
"John Meriwether, a famously successful Wall Street trader, spent the 1980s as a partner at Salomon Brothers, establishing the best - and the brainiest - bond arbitrage group in the world. A mysterious and shy midwesterner, he knitted together a group of Ph.D.-certified arbitrageurs who rewarded him with filial devotion and fabulous profits. Then, in 1991, in the wake of a scandal involving one of his traders, Meriwether abruptly resigned. For two years, his fiercely loyal team - convinced that the chief had been unfairly victimized - plotted their boss's return. Then, in 1993, Meriwether made a historic offer. He gathered together his former disciples and a handful of supereconomists from academia and proposed that they become partners in a new hedge fund different from any Wall Street had ever seen. And so Long-Term Capital Management was born.". "When Genius Failed is the cautionary financial tale of our time, the saga of what happened when an elite group of investors believed they could actually deconstruct risk and use virtually limitless leverage to create limitless wealth."--BOOK JACKET.
Profil Pembaca
4.3/5 · 212 pembaca · 281 halaman · ≈ 5 h 12 m · Menengah
Berapa lama waktu membaca When Genius Failed?
Sekitar ≈ 5 h 12 m — 281 halaman, dengan asumsi kira-kira 250 kata per halaman pada 225 kata per menit.
Berapa halaman When Genius Failed?
281 halaman pada edisi yang paling banyak dibaca.
Apakah When Genius Failed domain publik?
Belum — masih dilindungi hak cipta.
Di mana latar When Genius Failed?
Berlatar di United States.
Siapa penulis When Genius Failed?
Roger Lowenstein (1954–0).
“IF THERE WAS one article of faith that John Meriwether discovered at Salomon Brothers, it was to ride your losses until they turned into gains.”