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The infamous mastermind of LTCM and its collapse...

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Joined: 30 Jul 2007
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Location: Europe
Schools: St. Gallen '09
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The infamous mastermind of LTCM and its collapse... [#permalink] New post 08 Jul 2009, 05:19
John Meriwether shuts down his JWM hedge fund:

http://www.bloomberg.com/apps/news?pid= ... 2lwUiCKGMM

He had his hey-day in the 80s, but perhaps it was all luck. Fooled by randomness so to speak...and black swans are more common than we realize ;)
The infamous mastermind of LTCM and its collapse...   [#permalink] 08 Jul 2009, 05:19
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The infamous mastermind of LTCM and its collapse...

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