![]() ![]() ![]() In 1993 Meriwether created LTCM and took his crew to Greenwich, Connecticut-and for four years the fund shone. ![]() The author credits Meriwether with bringing the academic nerd to Wall Street, hiring Eric Rosenfeld, Gregory Hawkins, and Lawrence Hilibrand (all MIT wunderkinder) at precisely the moment that computer research was transforming the bond market. At 30, he formed the Arbitrage Group there in 1977. Chicago-born, trained in mathematics and business at Northwestern and the University of Chicago, Meriwether joined Salomon Brothers in 1974. Lowenstein ( Buffett, 1995) begins with a portrait of John Meriwether, the man who would be head of LTCM. An entertaining and informative history of Long-Term Capital Management (LTCM), the hedge fund whose 1998 collapse rattled the financial markets. ![]()
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