When Genius Failed - Roger Lowenstein

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

Roger Lowenstein tells the gripping story of Long-Term Capital Management, the hedge fund that dazzled Wall Street with a $100 billion juggernaut before collapsing and threatening the global financial system. Drawing on confidential memos and interviews with key players, this classic explores the fund’s meteoric rise, catastrophic fall, and the lessons it offers about risk, hubris, and the culture of Wall Street. Buy in Kenya with fast delivery.

What you’ll learn:

• How LTCM grew into one of the most impressive hedge funds in history

• The role of mathematical certainty, arrogance, and human behavior in financial failure

• How a single fund’s collapse threatened the stability of global markets

• Lessons about risk management, decision-making, and financial oversight

• Parallels between LTCM’s collapse and the later 2008 financial crisis

Who should read this book:

• Investors, hedge fund managers, and finance professionals

• Economics and business students

• Policymakers and regulators

• Anyone interested in the high-stakes world of finance and risk

Why buy When Genius Failed from Readers’ Republik:

• Authentic, original business and finance titles

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