Saturday, January 19, 2013

Book Recommendation: When Genius Failed



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

This is an excellent read. It is interesting that such brilliant people and genius created the financial crisis in 1998. Greed drove them to corruption and failure. Its great for us to learn from this book. If you are participating in the financial markets, you must have great mentality and risk management skills.

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