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Revision as of 09:52, 31 October 2017 (view source) Amwelladmin (talk \| contribs) (Created page with "{{review\|Inventing Money\|Nicholas Dunbar\|April 11, 2000\|Or pride, haughty spirits, etc.}} I was prompted into buying this book after seeing a truly hopeless Channel 4 documen...")		Revision as of 09:53, 31 October 2017 (view source) Amwelladmin (talk \| contribs) No edit summary Newer edit →
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	{{review\|Inventing Money\|Nicholas Dunbar\|April 11, 2000\|Or pride, haughty spirits, etc.}}		{{review\|Inventing Money\|Nicholas Dunbar\|April 11, 2000\|On pride, haughty spirits, etc.}}

	I was prompted into buying this book after seeing a truly hopeless Channel 4 documentary about the [[LTCM]] collapse which attempted — but failed entirely — to explain what LTCM was all about: What the [[Black-Scholes option pricing model]] did, how Meriwether and cohorts used it to make money, and how they managed to singlehandedly bring western world as we know it to the brink of financial collapse with a formula which is supposed to completely eliminate risk.		I was prompted into buying this book after seeing a truly hopeless Channel 4 documentary about the [[LTCM]] collapse which attempted — but failed entirely — to explain what LTCM was all about: What the [[Black-Scholes option pricing model]] did, how Meriwether and cohorts used it to make money, and how they managed to singlehandedly bring western world as we know it to the brink of financial collapse with a formula which is supposed to completely eliminate risk.