The Collapse of Long-Term Capital Management w/ Clay Finck

The Collapse of Long-Term Capital Management w/ Clay Finck

TIP707: THE COLLAPSE OF LONG-TERM CAPITAL MANAGEMENT W/ CLAY FINCK 20 March 2025 In this episode, Clay explores When Genius Failed by Roger Lowenstein, the gripping story of the rise and fall of Long-Term Capital Management (LTCM). Founded by Wall Street’s brightest minds, including Nobel Prize-winning economists, LTCM generated astronomical returns using complex mathematical models and extreme leverage—until a financial crisis in 1998 exposed i…