On paper they looked like the ultimate team. A mix of
traders and Nobel Prize willing finance gurus but in the end they
got caught in market movements. It is interesting that they
had so much capital flowing into their fund they ran out of ideas
based on their portfolio parameters and then started reaching for
more leverage and more aggressive positions in order to keep
returns up. Ultimately becoming too leveraged to market
moves. Man that sounds so familiar.
5th or 6th entry? that's crazy
5th Entry?
Posted by rikkwan on 16th of May 2012 at 03:45 pm
markets can continue a trend longer than you can stay solvent, or something like that
Ask the boys from LTCM
Posted by freddy123321 on 4th of Jun 2012 at 08:44 pm
Ask the boys from LTCM about multi entries!
On paper they looked like
Posted by tom on 7th of Jun 2012 at 08:27 am
On paper they looked like the ultimate team. A mix of traders and Nobel Prize willing finance gurus but in the end they got caught in market movements. It is interesting that they had so much capital flowing into their fund they ran out of ideas based on their portfolio parameters and then started reaching for more leverage and more aggressive positions in order to keep returns up. Ultimately becoming too leveraged to market moves. Man that sounds so familiar.
Agree, Tom! A good lesson
Posted by sschulman on 10th of Jun 2012 at 12:44 pm
Agree, Tom! A good lesson reminder for me.
.....Susan
No worries, was just being
Posted by frtaylor on 17th of May 2012 at 08:52 am
No worries, was just being a little humorous. More important is the question I am about to pose.