View the full transcript and accompanying visualizations at ceoslibrary.com

In this episode, we dive into the fascinating story of Long-Term Capital Management's meteoric rise and catastrophic fall. Learn how a group of brilliant minds, including Nobel laureates, built a hedge fund powerhouse only to see it spectacularly implode in 1998. We'll explore the dangers of excessive leverage, the limitations of financial models, and the lessons for today's investors and regulators. Join us for a cautionary tale of hubris and market turbulence that shook Wall Street to its core. 🏦💹📉