In this episode of Intelligent Investment Today, we explore one of the most dramatic cautionary tales in financial history: the collapse of Long-Term Capital Management. Founded by Nobel Prize winners and Wall Street legends, LTCM promised near risk-free profits through sophisticated models and extreme leverage - until it all came crashing down.

Host David Coombs breaks down how a portfolio controlling around $1 trillion unravelled in a matter of months, why Warren Buffett briefly considered stepping in, and what value investors can learn from this extraordinary meltdown.

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