Long-Term Capital Management: Difference between revisions

Long-Term Capital Management (view source)

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	{{a\|disaster\|{{image\|Disaster cafe\|jpg}}{{disaster roll\|LTCM}}}}What happens when you try to manage a [[Complex systems\|complex system]] with tools designed for merely [[Complicated system\|complicated]] problems.		{{a\|disaster\|{{image\|Disaster cafe\|jpg\|Bankman Fried Green Tomatoes at the Disaster Cafe}}{{disaster roll\|LTCM}}}}What happens when you try to manage a [[Complex systems\|complex system]] with tools designed for merely [[Complicated system\|complicated]] problems.

	See also: Hubris. and {{author\|Charles Perrow}}’s super book, {{br\|Normal Accidents}}, which wasn’t really about the financial markets but sure could have been.		See also: Hubris. and {{author\|Charles Perrow}}’s super book, {{br\|Normal Accidents}}, which wasn’t really about the financial markets but sure could have been.