
An eye-opening tale about what happens when the smartest minds in finance get it wrong – When Genius Failed is a cautionary tale about the importance of risk management in investments. An incredible look at how hubris, ego, and unchecked ambition can lead to disaster – When Genius Failed is an insightful reminder of the power of humility and caution when it comes to financial decisions.
A captivating story of the rise and fall of Long-Term Capital Management – When Genius Failed chronicles a spectacular collapse that shook the financial world to its core. A must read for any aspiring investor – When Genius Failed by Roger Lowenstein offers an invaluable insight into the world of investing, and is a great reminder of why diversifying in the stock market is so important. "This book offers an invaluable reminder to stay grounded and humble in business - no matter how successful you may be.". "Roger Lowenstein has crafted a compelling narrative about the rise and fall of LTCM, and its implications for modern finance.". "When Genius Failed shows us the importance of understanding the full scope of a situation before taking risks.".
"This book demonstrates why diversification is important in order to reduce risk and protect against market volatility.".
"The lessons Lowenstein draws from this story are relevant for any investor or financial institution today.". "When Genius Failed teaches us that even the most talented investors can make mistakes if they become overconfident in their own abilities.". "The account of the LTCM debacle is a vivid illustration of how hubris can lead to disaster in finance.". "Lowenstein's analysis of the LTCM crisis provides valuable lessons for those in the financial sector.". "The story of Long-Term Capital Management's fall from grace shows how quickly markets can change, and how important it is to be prepared for these changes.". "When Genius Failed is an incredibly insightful book that highlights the risk of overconfidence in the financial sector.".