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I think you're better off catching the History Channel(I think) documentary
on the development of the algorithm and that company. When it comes to
reading, find books that will help you trade.
I'm not convinced that story will do that.
Jim Bronke
Phoenix, AZ
----- Original Message -----
From: "William Brower" <1000mileman@xxxxxxxxxxxxxx>
To: <prosys@xxxxxxxxxxxxxxxx>; <omega-list@xxxxxxxxxx>
Sent: Saturday, June 23, 2001 6:15 AM
Subject: Re: best article yet on the LTCM debacle
> If you want the inside story, a "can't put it down" thriller, get the book
> "When Genius Failed" by Roger Lowenstein.
>
> At 06:31 PM 6/22/01 -0400, you wrote:
> >Great tale of arrogance and over-confidence in models and lack of common
> >sense.
> >http://biz.yahoo.com/opt/010621/mzdopx0wmgolfrfvtvmgow.html
> >
> >Loved when at 50% down, they brought in that high profile trader who told
> >them "you're finished".
> >I wonder who that was ????
> >3 people come to mind: Tom Baldwin, Richard Dennis, Lewie
Borrsellino.....
> >
> >....link is courtesy of John Lothian's newsletter . Thanks John !
>
> Bill Brower
> Email: 1000mileman@xxxxxxxxxxxxxx
> Web Site: insideedge.net
>
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