When Genius Failed: The Rise and Fall of Long-Term Capital Management
SKU: 3636712207

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

Sale price$16.83 Regular price$18.70
Save 10%

Shipping Estimate
USA
  • USA
  • CAN

Ships within 48 hours · Estimated delivery Jul 8 - Jul 13

Promo Codes Available:

For Your Every Summer RSVP, with Code: SUMMER15

Description

When Genius Failed: The Rise and Fall of Long-Term Capital Management"A riveting account that reaches beyond the market landscape to say something universal about risk and triumph, about hubris and failure." The New York Times NAMED ONE OF THE BEST BOOKS OF THE YEAR BY BUSINESSWEEK In this business classic now with a new Afterword in which the author draws parallels to the recent financial crisis Roger Lowenstein captures the gripping roller coaster ride of Long Term Capital Management. Drawing on confidential internal

"A riveting account that reaches beyond the market landscape to say something universal about risk and triumph, about hubris and failure."--The New York Times

NAMED ONE OF THE BEST BOOKS OF THE YEAR BY BUSINESSWEEK

In this business classic--now with a new Afterword in which the author draws parallels to the recent financial crisis--Roger Lowenstein captures the gripping roller-coaster ride of Long-Term Capital Management. Drawing on confidential internal memos and interviews with dozens of key players, Lowenstein explains not just how the fund made and lost its money but also how the personalities of Long-Term's partners, the arrogance of their mathematical certainties, and the culture of Wall Street itself contributed to both their rise and their fall.

When it was founded in 1993, Long-Term was hailed as the most impressive hedge fund in history. But after four years in which the firm dazzled Wall Street as a $100 billion moneymaking juggernaut, it suddenly suffered catastrophic losses that jeopardized not only the biggest banks on Wall Street but the stability of the financial system itself. The dramatic story of Long-Term's fall is now a chilling harbinger of the crisis that would strike all of Wall Street, from Lehman Brothers to AIG, a decade later. In his new Afterword, Lowenstein shows that LTCM's implosion should be seen not as a one-off drama but as a template for market meltdowns in an age of instability--and as a wake-up call that Wall Street and government alike tragically ignored.

Praise for When Genius Failed

" Roger] Lowenstein has written a squalid and fascinating tale of world-class greed and, above all, hubris."--BusinessWeek

"Compelling . . . The fund was long cloaked in secrecy, making the story of its rise . . . and its ultimate destruction that much more fascinating."--The Washington Post

"Story-telling journalism at its best."--The Economist

Binding Type: Paperback
Publisher: Random House Trade
Published: 10/09/2001
ISBN: 9780375758256
Pages: 304
Weight: 0.46lbs
Size: 8.01h x 5.16w x 0.60d
Shipping Notes
  • Free Standard Shipping on $100+ Orders to the USA.
  • Except Preorder products are shipped in 48 hours.
  • Delivery to the USA:
  1. Standard Shipping : 3-10 business days
  • If time is of the essence, please consider selecting expedited delivery for faster service.
Exchange/Return Notes
  • We offer a 30-day return/exchange service after receiving.
  • Final sale items are not eligible for returns or exchanges.
  • To process your return/exchange, please contact us at [email protected]
  • Please click here for more details>>> Return & Exchange Policy
SKU: 3636712207

Discover Niche Categories That Outsell

Top-Converting Item to Boost Your Average Order

4.6 ★★★★★
Based on 1281 reviews
Sort
Highest Rating
Newest First
Oldest First
Product Reviews
M
Verified Purchase
MAH
Lowell, US
★★★★★ 5
Accurate reviews for fit n color
Size: 32, Color: Brown
I’m about a 33 waist I got a 32 of other reviews and recommendations. Do you run slightly large so it fits great Color slightly off, but I also do that in other review. Purchase two.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on March 2, 2026
R
Verified Purchase
Robbie H.
Chelsea, US
★★★★★ 5
That it fits good and doesn't feel cheaply made
Size: 36W x 30L, Color: Blue
Very nicely made and comfortable to!
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on May 25, 2026
T
Verified Purchase
Technopath
New York, US
★★★★★ 5
Feel that flex without feeling that rubbery texture.
Size: 36W x 30L, Color: Black
These fit great! The texture isn't wuite like denim, more like a soft tablecloth, but that's quite alright. They have a flex that I need. Sometimes with "slim fit" stretch jeans, I feel a bit restrained in my thighs, this time, instead of ordering my usual size, I went up a notch. I can just wear a belt if I need to. I can fully articulate my legs in this set, in the stretchiness doesn't feel like weird rubbery velvet. They look good, they feel good. I imagine they'll last a bit longer than some of my other stretch jeans that had spandex or whatever in them.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on April 11, 2026
E
Verified Purchase
Ernie M.
Whiting, US
★★★★★ 3
Good work pants
Not too bad, but the material is thin. The fit is perfect, exactly what I ordered. I will use them for errands and working around the house.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on March 29, 2026
C
Verified Purchase
Carlos Roberto de Goes
Birmingham, US
★★★★★ 5
Top product
Size: 34W x 30L, Color: Black
Outstanding item
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on June 5, 2026

recommand products