This book is absolutely fun. Its simply unputdownable, because it goes deep into the history, background of people and workings of Long Term Capital Management. The author has put a lot of hard work into the book and the output is fantastic. I thoroughly enjoyed this book and to anyone who's wondering whether to buy this book or not - don't hesitate and go ahead. Its a great buy and keep for your personal library.

This book is a required reading in many top B-schools and there are many good reasons for it. LTCM was one the biggest, shady and most aggressive hedge funds assembled. This book describes the origins of LTCM and its key trading strategies. Adequate background is provided on the figureheads. Starting with the mysterious and intriguing John Meriwether, its Board of Directors included Nobel laureates Myron Scholes and Robert Merton and a few other “master traders”.

Of particular interest is t...

Good book

This book explains every detail about the rise and fall of LTCM, its strategies, its over-leveraged investments, and the workings of bond and derivative markets. With a prior knowledge about investing and arbitrage, this book will help avoiding arrogance in your models

Just superb..every finance guy interested in stock market should read this book...

Excellent book if you think you are a genius, the more we read & learn about a subject the more we realize how much we don't know.

A good book to read on how the Long Term Capital Management failed. But needs some financial background to understand the flow of the crisis. Though huge amount is lost there is no false doing by the management like bribing or forging the books..