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" Backed by their models, they felt more certain than others did - almost invincible. Given enough time, given enough capital, the young geniuses from academe felt they could do no wrong "

Roger Lowenstein , When Genius Failed: The Rise and Fall of Long-Term Capital Management


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Roger Lowenstein quote : Backed by their models, they felt more certain than others did - almost invincible. Given enough time, given enough capital, the young geniuses from academe felt they could do no wrong