PREVIEW

... ne I manage as a regressor—there exists a hedge fund even larger in scale.

That fund is LTCM.

Its full name is Long-Term Capital Management. A true gathering of elites, boasting Nobel Prize–winning economists as key partners...

[LTCM executes bold ‘big deal’: simultaneously shorting U.S. Treasury bonds and buying Russian government bonds]

[“Russian bonds are undervalued,” says LTCM representative—GKO prices surge]

—Rustle.

When I saw today’s newspa ...

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