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To: E. Charters who wrote (93076)1/31/2003 7:05:47 AM
From: TheSlowLane  Read Replies (1) | Respond to of 116815
 
EC - well...in all fairness...part of LTCM's problem is that their model worked extremely well...for a while. Then they became supremely confident in their own abilities...and allowed themselves to be overcome by their own greed...and squeezed out some of their investors so they could take more of the fund for themselves...then it went kaboom. So sad. Sniff.