Search results
Feb 8, 2000 · Trillion Dollar Bet. 2000. 2. The story of one of finance’s greatest formulas, the Black-Scholes option pricing model, which won two of its developers the prestigious Nobel Prize. It explores how the hedge fund which they founded, Long Term Capital Management, which promised to generate large returns with low risk through mathematical models ...
- (204)
- 57 min
Sep 19, 2019 · Traces the history of predicting financial markets and the mathematical breakthrough that revolutionized modern finance. Follows the development of Long Term Capital Management which shaped one of the most ambitious investment strategies in history.
- 57 min
When Genius Failed: The Rise and Fall of Long-Term Capital Management is a book by Roger Lowenstein published by Random House on October 9, 2000. The book tells an unauthorized account of the creation, early success, abrupt collapse, and rushed bailout of Long-Term Capital Management (LTCM). LTCM was a tightly held American hedge fund founded ...
- Roger Lowenstein
- 2000
Oct 9, 2001 · So self-certain were Long-Term's traders that they borrowed with little concern about the leverage. At first, Long-Term's models stayed on script, and this new gold standard in hedge funds boasted such incredible returns that private investors and even central banks clamored to invest more money. It seemed the geniuses in Greenwich couldn't lose.
- Roger Lowenstein
- $14.19
- Random House Trade Paperbacks
Oct 23, 2011 · Rating: 8.39 /10 based on 44 votes cast. The Midas Formula: Trillion Dollar Bet. The history behind perhaps the greatest formula ever created in finance: the Black-Scholes-Merton options pricing model. Two of its creators were awarded the Nobel Prize in Economics in 1997. A year later their hedge fund Long Term Capital Management (LTCM) had ...
- (44)
Investment management. Long-Term Capital Management L.P. ( LTCM) was a highly leveraged hedge fund. In 1998, it received a $3.6 billion bailout from a group of 14 banks, in a deal brokered and put together by the Federal Reserve Bank of New York. [1]
People also ask
What happened to Long Term Capital Management?
What happened to Long-Term Capital portfolio?
Who is Long-Term Capital Management (LTCM)?
What happened to Long-Term Capital Management after the bailout?
Jun 5, 2011 · Trillion Dollar Bet. Long Term Capital Management is the name of a hedge fund that some today may have forgotten or not know about. The fund was founded in the early 1990's to capitalize on a new body of financial theory; a group of PhDs, Nobel prize winners, and seasoned Wall Street veterans joined together to exploit their mathematical models ...
