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Quotes of the day:
Reality is the crutch for people who can\'t cope with drugs.
Long-Term Capital Management (LTCM) was a large hedge fund led by Nobel Prize-winning economists and renowned Wall Street traders. The firm was wildly successful from 1994-1998, attracting more than $1 billion of investor capital with the promise of an arbitrage strategy that could take advantage of temporary changes in market behavior and, theoretically, reduce the risk level to zero.
The INSANE Story of How a Hedge Fund Collapsed the Wall Street | Long Term Capital Management (LTCM)
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