Lessons from Long-Term Capital Management

First published at 23:03 UTC on January 10th, 2021.

The hedge fund Long-Term Capital Management collapsed in 1998 during the Russian Currency Crisis. We review the fund's arbitrage strategy and the mistakes that were made. Hedge fund principals included Myron Scholes and Robert Merton who won th…

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CategoryBusiness & Finance
SensitivityNormal - Content that is suitable for ages 16 and over

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