免费下载书籍地址：PDF下载地址
精美图片
WHEN GENIUS FAILED 营救华尔街书籍详细信息
- ISBN：9780375758256
- 作者：暂无作者
- 出版社：暂无出版社
- 出版时间：2001-10
- 页数：288
- 价格：105.60
- 纸张：胶版纸
- 装帧：平装
- 开本：32开
- 语言：未知
- 丛书：暂无丛书
- TAG：暂无
- 豆瓣评分：暂无豆瓣评分
内容简介：
On September 23, 1998, the boardroom of the New York Fed was a tense place. Around the table sat the heads of every major Wall Street bank, the chairman of the New York Stock Exchange, and representatives from numerous European banks, each of whom had been summoned to discuss a highly unusual prospect: rescuing what had, until then, been the envy of them all, the extraordinarily successful bond-trading firm of Long-Term Capital Management. Roger Lowenstein's When Genius Failed is the gripping story of the Fed's unprecedented move, the incredible heights reached by LTCM, and the firm's eventual dramatic demise.
Lowenstein, a financial journalist and author of Buffett: The Making of an American Capitalist, examines the personalities, academic experts, and professional relationships at LTCM and uncovers the layers of numbers behind its roller-coaster ride with the precision of a skilled surgeon. The fund's enigmatic founder, John Meriwether, spent almost 20 years at Salomon Brothers, where he formed its renowned Arbitrage Group by hiring academia's top financial economists. Though Meriwether left Salomon under a cloud of the SEC's wrath, he leapt into his next venture with ease and enticed most of his former Salomon hires--and eventually even David Mullins, the former vice chairman of the U.S. Federal Reserve--to join him in starting a hedge fund that would beat all hedge funds.
LTCM began trading in 1994, after completing a road show that, despite the Ph.D.-touting partners' lack of social skills and their disdainful condescension of potential investors who couldn't rise to their intellectual level, netted a whopping $1.25 billion. The fund would seek to earn a tiny spread on thousands of trades, "as if it were vacuuming nickels that others couldn't see," in the words of one of its Nobel laureate partners, Myron Scholes. And nickels it found. In its first two years, LTCM earned $1.6 billion, profits that exceeded 40 percent even after the partners' hefty cuts. By the spring of 1996, it was holding $140 billion in assets. But the end was soon in sight, and Lowenstein's detailed account of each successively worse month of 1998, culminating in a disastrous August and the partners' subsequent panicked moves, is riveting.
The arbitrageur's world is a complicated one, and it might have served Lowenstein well to slow down and explain in greater detail the complex terms of the more exotic species of investment flora that cram the book's pages. However, much of the intrigue of the Long-Term story lies in its dizzying pace (not to mention the dizzying amounts of money won and lost in the fund's short lifespan). Lowenstein's smooth, conversational but equally urgent tone carries it along well. The book is a compelling read for those who've always wondered what lay behind the Fed's controversial involvement with the LTCM hedge-fund debacle. --S. Ketchum --This text refers to an out of print or unavailable edition of this title.
书籍目录：
Author's Note cmd Acknowledgments
Introduction
THE. RISE OF LONG-TERM CAPITAL MANAGEMENT
1 Meriwether
2 Hedge Fund
3 0n the Run
4 Dear Investors
5 Tug-of-War.
6 A Nobel Prize
THE FALL OF LONG-TERM CAPITAL MANAGEMENT
7 Bank of Volatility
8 The Fall
9 The Humart Factor
10 AttheFed
Epilogue
Notes
Index
作者介绍：
Roger Lowenstein (born in 1954) is an American financial journalist and writer. He graduated from Cornell University and reported for the Wall Street Journal for more than a decade, including two years writing its Heard on the Street column, 1989 to 1991. Born in 1954, he is the son of Helen and Louis Lowenstein of Larchmont, N.Y. Lowenstein is married to Judith Slovin.
He is also a director of Sequoia Fund. His father, the late Louis Lowenstein, was an attorney and Columbia University law professor who wrote books and articles critical of the American financial industry.
Roger Lowenstein's latest book, America's Bank: The Epic Struggle to Create the Federal Reserve (The Penguin Press) was released on October 20, 2015.
He has three children and lives in Westfield, New Jersey.
出版社信息：
暂无出版社相关信息，正在全力查找中！
书籍摘录：
暂无相关书籍摘录，正在全力查找中！
在线阅读/听书/购买/PDF下载地址：
在线阅读地址：WHEN GENIUS FAILED 营救华尔街在线阅读
在线听书地址：WHEN GENIUS FAILED 营救华尔街在线收听
在线购买地址：WHEN GENIUS FAILED 营救华尔街在线购买
原文赏析：
暂无原文赏析，正在全力查找中！
其它内容：
书籍介绍
On September 23, 1998, the boardroom of the New York Fed was a tense place. Around the table sat the heads of every major Wall Street bank, the chairman of the New York Stock Exchange, and representatives from numerous European banks, each of whom had been summoned to discuss a highly unusual prospect: rescuing what had, until then, been the envy of them all, the extraordinarily successful bond-trading firm of Long-Term Capital Management. Roger Lowenstein's When Genius Failed is the gripping story of the Fed's unprecedented move, the incredible heights reached by LTCM, and the firm's eventual dramatic demise.
Lowenstein, a financial journalist and author of Buffett: The Making of an American Capitalist, examines the personalities, academic experts, and professional relationships at LTCM and uncovers the layers of numbers behind its roller-coaster ride with the precision of a skilled surgeon. The fund's enigmatic founder, John Meriwether, spent almost 20 years at Salomon Brothers, where he formed its renowned Arbitrage Group by hiring academia's top financial economists. Though Meriwether left Salomon under a cloud of the SEC's wrath, he leapt into his next venture with ease and enticed most of his former Salomon hires--and eventually even David Mullins, the former vice chairman of the U.S. Federal Reserve--to join him in starting a hedge fund that would beat all hedge funds.
LTCM began trading in 1994, after completing a road show that, despite the Ph.D.-touting partners' lack of social skills and their disdainful condescension of potential investors who couldn't rise to their intellectual level, netted a whopping $1.25 billion. The fund would seek to earn a tiny spread on thousands of trades, "as if it were vacuuming nickels that others couldn't see," in the words of one of its Nobel laureate partners, Myron Scholes. And nickels it found. In its first two years, LTCM earned $1.6 billion, profits that exceeded 40 percent even after the partners' hefty cuts. By the spring of 1996, it was holding $140 billion in assets. But the end was soon in sight, and Lowenstein's detailed account of each successively worse month of 1998, culminating in a disastrous August and the partners' subsequent panicked moves, is riveting.
The arbitrageur's world is a complicated one, and it might have served Lowenstein well to slow down and explain in greater detail the complex terms of the more exotic species of investment flora that cram the book's pages. However, much of the intrigue of the Long-Term story lies in its dizzying pace (not to mention the dizzying amounts of money won and lost in the fund's short lifespan). Lowenstein's smooth, conversational but equally urgent tone carries it along well. The book is a compelling read for those who've always wondered what lay behind the Fed's controversial involvement with the LTCM hedge-fund debacle. --S. Ketchum
书籍真实打分
故事情节：7分
人物塑造：9分
主题深度：5分
文字风格：6分
语言运用：4分
文笔流畅：5分
思想传递：3分
知识深度：3分
知识广度：6分
实用性：6分
章节划分：8分
结构布局：6分
新颖与独特：4分
情感共鸣：8分
引人入胜：6分
现实相关：3分
沉浸感：3分
事实准确性：9分
文化贡献：4分
网站评分
书籍多样性：9分
书籍信息完全性：8分
网站更新速度：9分
使用便利性：4分
书籍清晰度：6分
书籍格式兼容性：9分
是否包含广告：4分
加载速度：6分
安全性：8分
稳定性：6分
搜索功能：9分
下载便捷性：5分
下载点评
- 内涵好书(665+)
- 一星好评(588+)
- 中评多(254+)
- 引人入胜(200+)
- 盗版少(201+)
- 赚了(66+)
- 下载快(632+)
下载评价
网友 康***溪：强烈推荐！！！
网友 菱***兰：特好。有好多书
网友 国***舒：中评，付点钱这里能找到就找到了，找不到别的地方也不一定能找到
网友 郗***兰：网站体验不错
网友 冯***丽：卡的不行啊
网友 家***丝：好6666666
网友 孙***夏：中评，比上不足比下有余
网友 詹***萍：好评的，这是自己一直选择的下载书的网站
网友 晏***媛：够人性化！
网友 林***艳：很好，能找到很多平常找不到的书。
网友 沈***松：挺好的，不错
网友 权***波：收费就是好，还可以多种搜索，实在不行直接留言，24小时没发到你邮箱自动退款的！
网友 冉***兮：如果满分一百分，我愿意给你99分，剩下一分怕你骄傲