When Genius Failed | Global & Macro Investing | Joydeb Karmakar
When Genius Failed (Book Summary) | Lessons from Long-Term Capital Management Collapse How did one of the most brilliant hedge funds in history collapse so spectacularly? In this video, we summarize “When Genius Failed” by Roger Lowenstein, the gripping story of Long-Term Capital Management (LTCM) and its catastrophic failure. Learn how leverage, overconfidence, and market complexity can lead to disaster—even for the smartest traders. This video covers: The rise and strategies of LTCM and its team of financial geniuses How excessive leverage and risk led to a near financial meltdown Lessons in risk management, humility, and market unpredictability Insights into hedge fund operations, systemic risk, and investor psychology Practical takeaways for traders, investors, and finance professionals Perfect for anyone interested in finance, investing, hedge funds, risk management, and financial history. 📘 Book: When Genius Failed ✍️ Author: Roger Lowenstein If you want to learn from one of the biggest financial failures in history and avoid similar mistakes, like, subscribe, and share this video with fellow investors and traders. Hashtags: #WhenGeniusFailed #RogerLowenstein #BookSummary #LTCM #HedgeFunds #RiskManagement #InvestingLessons #StockMarket #FinanceBooks #FinancialHistory #InvestorPsychology #TradingMistakes #Leverage #WealthManagement #MarketLessons

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