"Extremely good for an understanding of wall street"
The book was amazing. The buildup was a little slow and sometimes hard to keep going
"Well Read"
Quite the complicated subject, narrated well by the author. Enlightening and engrossing, an interesting concoction of history and storytelling.
"Struggled to finish"
I found the beginning and the ending interesting but had trouble focusing in the middle and almost gave up. I didn't like the reader's tone which was "wavy". Suddenly though, towards the end, the waving stopped (or I got used to it?) and that made the ending enjiyablem
"Great Book, Great Delivery"
Not only is this a good book, but the narration os very well done as well.
"awesome book"
kinda like a prologue to the big short, LTCMs style that brought about their downfall was not that different from the 2008 crisis
"A Crucial Tool in the Arsenal against Folly"
When Genius Failed is an incredibly well researched piece, deserving of being a "must read".
"Business Nonfiction at Its Best"
This is a short, clear, and very entertaining history of the rise and fall of Long-Term Capital Management, which was dramatic. This is among the best business books I have read, up there with Liar's Poker.
"Captivating!"
Very well written book. Good lessons for all investors. Narration is ok, but I thought not great. Loved the pace and level of detail though. If you enjoyed this, then I would recommend James Rickard's The Road to Ruin.
"Uncommon sense"
In an era where the foolishness of the efficient market hypothesis pervades and is being taught to future generations in almost all otherwise respectable business schools, the saga of LTCM remains and powerful warning to those few people clear headed enough to realize that human irrationality will never be successfully modeled nor eliminated.
Of course most of Wall Street and most of the average person willfully forgets past unpleasantness for the illusion of future wealth, but hopefully this well written account of the history of LTCM will allow perhaps just a handful of people to remember to remain rational even when geniuses tout nonsense.
If you can keep your head while others about you are losing theirs, you have an edge over even the brightest minds.
Performance sounded a little boring but fine once you get used to it.
"An excellent tale, well written and well read."
The author does an excellent job of bringing the characters and the hedge fund business to life. When I finished it I started from the beginning again.