Long-Term Capital Management (LTCM)

Long-Term Capital Management (LTCM) was a hedge fund founded in 1994 by John Meriwether, a former vice chairman of Salomon Brothers. The fund was headquartered in Greenwich, Connecticut. LTCM used a variety of complex financial instruments, including derivatives, to make bets on the direction of the financial markets.

LTCM was highly successful in its early years, returning an average annualized return of 25% from inception to 1997. However, the fund suffered heavy losses in 1998 due to a number of factors, including the Russian financial crisis and the collapse of the Long-Term Capital Management (LTCM) was a hedge fund founded in 1994 by John Meriwether, a former vice chairman of Salomon Brothers. The fund was headquartered in Greenwich, Connecticut. LTCM used a variety of complex financial instruments, including derivatives, to make bets on the direction of the financial markets.

LTCM was highly successful in its early years, returning an average annualized return of 25% from inception to 1997. However, the fund suffered heavy losses in 1998 due to a number of factors, including the Russian financial crisis and the collapse of the Long-Term Capital Management (LTCM) was a hedge fund founded in 1994 by John Meriwether, a former vice chairman of Salomon Brothers. The fund was headquartered in Greenwich, Connecticut. LTCM used a variety of complex financial instruments, including derivatives, to make bets on the direction of the financial markets.

LTCM was highly successful in its early years, returning an average annualized return of 25% from inception to 1997. However, the fund suffered heavy losses in 1998 due to a number of factors, including the Russian financial crisis and the collapse of the Long-Term Capital Management (LTCM) was a hedge fund founded in 1994 by John Meriwether, a former vice chairman of Salomon Brothers. The fund was headquartered in Greenwich, Connecticut. LTCM used a variety of complex financial instruments, including derivatives, to make bets on the direction of the financial markets.

LTCM was highly successful in its early years, returning an average annualized return of 25% from inception to 1997. However, the fund suffered heavy losses in 1998 due to a number of factors, including the Russian financial crisis and the collapse of the Long-Term Capital Management (LTCM) was a hedge fund founded in 1994 by John Meriwether, a former vice chairman of Salomon Brothers. The fund was headquartered in Greenwich, Connecticut. LTCM used a variety of complex financial instruments, including derivatives, to make bets on the direction of the financial markets.

LTCM was highly successful in its early years, returning an average annualized return of 25% from inception to 1997. However, the fund suffered heavy losses in 1998 due to a number of factors, including the Russian financial crisis and the collapse of the Long-Term Capital Management (LTCM) was a hedge fund founded in 1994 by John Meriwether, a former vice chairman of Salomon Brothers. The fund was headquartered in Greenwich, Connecticut. LTCM used a variety of complex financial instruments, including derivatives, to make bets on the direction of the financial markets.

LTCM was highly successful in its early years, returning an average annualized return of 25% from inception to 1997. However, the fund suffered heavy losses in 1998 due to a number of factors, including the Russian financial crisis and the collapse of the Long-Term Capital Management (LTCM) was a hedge fund founded in 1994 by John Meriwether, a former vice chairman of Salomon Brothers. The fund was headquartered in Greenwich, Connecticut. LTCM used a variety of complex financial instruments, including derivatives, to make bets on the direction of the financial markets.

LTCM was highly successful in its early years, returning an average annualized return of 25% from inception to 1997. However, the fund suffered heavy losses in 1998 due to a number of factors, including the Russian financial crisis and the collapse of the Long-Term Capital Management (LTCM) was a hedge fund founded in 1994 by John Meriwether, a former vice chairman of Salomon Brothers. The fund was headquartered in Greenwich, Connecticut. LTCM used a variety of complex financial instruments, including derivatives, to make bets on the direction of the financial markets.

LTCM was highly successful in its early years, returning an average annualized return of 25% from inception to 1997. However, the fund suffered heavy losses in 1998 due to a number of factors, including the Russian financial crisis and the collapse of the