By Nicholas Dunbar
LTCM was once the fund that used to be too vast to fail, the brightest megastar within the monetary international. outfitted on genius, by way of legends of Wall highway and Nobel laureates, it spiralled to ever higher heights, commanding unbelievable wealth. whilst it fell to earth in September 1998 it shook the realm. this can be the tale of the increase and fall of LTCM and the legends at the back of it. A courageous and bold paintings, Inventing funds used to be written via prime monetary journalist Nicholas Dunbar.
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