When Genius Failed (2001) follows the rise and fall of Long-Term Capital Management, the world’s largest ever investment fund. The book reveals uncomfortable truths about the nature of investment and the fragility of the models we use to assess risk.
Anyone interested or working in investment banking
Anyone interested in risk calculation
Anyone thinking about investing in a hedge fund
Who wrote the book?
Roger Lowenstein is an American financial journalist and contributor to the Wall Street Journal. In addition to his many articles and book reviews, he has also written five best-selling books, including The End of Wall Street and While America Aged.