Book · 2000 · Hedge funds
When Genius Failed
- mentions
- 6
- people
- 6
- podcasts
- 6
- episodes
- 6
- recommendations
- 3
The other the one I would add to that is Roger lonstein when genius failed which is about the collapse of long-term Capital Management and is just a work of the brilliant narrative non-fiction.
What they say about it
- Read the book“read that book”3
The best things said about it
He told me to read this book called When Genius Failed.
Go read the book When Genius Failed if you want to read the story.
David Friedberg All-In with Chamath, Jason, Sacks & Friedberg · Mar 2022 I read that book recently. It was really good. It's a fantastic book.
John Collison Cheeky Pint · Oct 2025 I read that book about the fall of Long-Term Capital Management.
Where and when it comes up
Most mentions, by podcast
6 people who brought it up
Why people recommend it
When Genius Failed by Roger Lowenstein is a gripping work of narrative non-fiction chronicling the dramatic rise and catastrophic collapse of the hedge fund Long-Term Capital Management. The book is widely celebrated as a cautionary tale of hubris, financial leverage, and the inherent dangers of complex mathematical models applied to global markets. David Enrich recommended it on The Book Review as a brilliant piece of financial history, while David Friedberg suggested it on All-In with Chamath, Jason, Sacks & Friedberg as an essential read for understanding the 1998 bailout and financial fallout. On The Tim Ferriss Show, Jason Portnoy recalled that Peter Thiel urged him to read the book when he transitioned into working at Clarium Capital. On Cheeky Pint, John Collison discussed the volume alongside Marc Andreessen, who praised it as a fantastic chronicle of the era's financial crisis. Dwarkesh Patel also named the work on the Dwarkesh Podcast while reflecting on the intersection of physics, finance, and the systemic risks posed by massive leverage, noting that the cautionary tale remains intensely relevant for understanding modern market dynamics and the overconfidence of elite investors.
Every mention
David Enrich the other the one I would add to that is Roger lonstein when genius failed which is about the collapse of l… 1
“the other the one I would add to that is Roger lonstein when genius failed which is about the collapse of long-term Capital Management and is just a work of the brilliant narrative non-fiction”
David Friedberg go read the book when genius failed if you want to read the story it's a it does a good job summarizing it 1
“go read the book when genius failed if you want to read the story it's a it does a good job summarizing it”
Jason Portnoy he told me to read this book called when genius failed 1
“he told me to read this book called when genius failed”
Dwarkesh Patel I was watching um I I I read that book about the fall of long-term capital management and uh obviously I gu… 1
“I was watching um I I I read that book about the fall of long-term capital management and uh obviously I guess this is a cautionary tale, but still it's kind of cool to actually there are two books. There's there's one called when genius failed”
John Collison I read that book recently. It was really good. It's a fantastic book. 1
“I read that book recently. It was really good. It's a fantastic book.”
Shaan Puri and this is why there's a book called the smartest guys in the room because apparently everyone was like oh… 1
“and this is why there's a book called the smartest guys in the room because apparently everyone was like oh they'll be fine they're the smartest guys in the room”