Long-Term Capital Management: Difference between revisions
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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. |