Long Term Capital Management (LTCM)

  1. WryLilt profile image87
    WryLiltposted 6 years ago

    I'm just rereading the story of LTCM, which blew a nice hole in the market back in the 90s.

    It was an attempt of mathematicians to calculate what the markets would do.

    Why do you think this is a good or bad idea?

    (Or any other feedback on the topic.)

  2. cpa profile image60
    cpaposted 6 years ago

    My recollection is that it was not the math tht was the downfall of LTCM but rather the overuse of leverage.