[Pdf free] Inventing Money: The Story of Long-Term Capital Management and the Legends Behind It






 | #849108 in eBooks |  2007-12-10 |  2007-12-10 | File Name: B004HHON0U


||50 of 50 people found the following review helpful.| Great story - and a nice primer for the financial markets|By Olly Buxton|I was prompted into buying this book after seeing a truly hopeless Channel 4 documentary about the LTCM collapse which attempted - but failed entirely - to explain what LTCM was all about: What the Black/Scholes formula did, how Meriwether and cohorts used it to make money, and how they managed to sin| |"...a primer for those interested in the world of financial theory."
--Financial Times

"Inventing Money is not the last word on the subject, but it is a good start."
--The Economist

"Dunbar tells the full story of this mo

LTCM was the fund that was too big to fail, the brightest star in the financial world. Built on genius, by legends of Wall Street and two Nobel laureates, it spiralled to ever greater heights, commanding unimaginable wealth. When it fell to earth in September 1998 it shook the world. This is the story of the rise and fall of LTCM and the legends behind it. A brave and ambitious work, Inventing Money was written by leading financial journalist Nicholas Dunbar.


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