Long-Term Capital Management

The Devil’s Advocate™ →Go uptown complex capsule In which the curmudgeonly old sod puts the world to rights. Index — Click ᐅ to expand: The Devil’s Advocate Tell me more Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

}}What happens when you try to manage a complex system with complicated tools.

See also: Hubris.

See also

A good collection of the JC’s book club books relate.

• Inventing Money
• When Genius Failed
• Models.Behaving.Badly