![]() ![]() In early 1998 it had four years with impressive results and that was even more impressive considering the enormous capital under management. It was founded in 1993 and hailed as the most impressive hedge fund in history (before the collapse). ![]() LTCM was formed by trading and intellectual “geniuses”, both from the investment banks and academia. LTCM: Founded by “geniuses”- bankrupted by a Black Swan Conclusion of Roger Lowenstein And The Collapse Of LTCM.LTCM: Founded by “geniuses”- bankrupted by a Black Swan. ![]()
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