Trillion Dollar Bet Part 3

[AirelonTrading]

Lesson: Never go deterministic (even if it's differential) with the market ... and never ... ever ... ever style drift

[chrisconwaypeters]

about where the grey poupon dried up

[examinfo]

LTCM team:John Meriwether, the famed bond trader from Salomon Brothers, at its helm. Also on board were Nobel-prize winning economists Myron Scholes and Robert Merton, as well as David Mullins, a former vice-chairman of the Federal Reserve Board who had quit his job to become a partner at LTCM. These credentials convinced 80 founding investors to pony up the minimum investment of $10 million apiece, including Bear Sterns President James Cayne and his deputy.

[TheCameo86]

Dedicated stream of Viewers from clip 2-3 :)

[aizik2005]

the interesting thing is that money does not go anywhere, it stays withing a market of different worlds and pockets.

[erditcokaj]

Isn't it funny, all the LTCM guys went bankrupt on the assumption that the market is efficient.....

[mallen235]

If you wanna see Part 4 go to my Channel. I just uploaded the whole film...

[gottmovie]

Thanks for the great posting.

[frugalite]

where is part 4? there seems to be a gap between parts 2 and 3 as well. Can anyone help me locating part 4?

[OpieJohansen]

@frugalite

Yes, there is actually a flaw in the labeling of the "Parts". Part 1 & 2 are in correct sequence, then go to "The Black & Scholes Magical Midas Formula" from MoroccoFriendofUSA; Part 3 is next, and Part 5 is last! :)

I saw this in 2000 and searched it out due to our current economic troubles. I also intend to research the Thailand real estate collapse in '97 --- seems very pertinent in today's economic landscape! After seeing Thailand, I understand why TARP was instituted.

[BBCcashville]

Part 4 is probably when the govt bails them out. lol

Nah seriously.. I was looking for Part 4 as well.

Damnn the Russians are bad ass... What happens if America does the same thing?

[abecads1938]

How many WARREN BUFFETTS there are?

[centervilletn]

they never considered historical averages of debasments, recoinages...they assumed they are random and not plannend events...

[MontanaFiddler]

The EMH worst nightmare - WARREN BUFFETT.

[fnyklr]

Anyone who know what the classical music used in this clip is called? It is very beautiful. Please respond, it would be of great help.

[mukscle]

It's a library music clip, All the music was commercial library. Good one though. Probably from KPM. You can go online and search their library for good strong clasial tracks ...with the qualities you think this has...and it will probably come up. sorry it was so long since i made the show i can't remember the individaul tracks.

[fnyklr]

Thanks, for the reply.

So you actually met some of the people in this clip while you were making it?

I did not know until I read your profile that you was the writer/producer of the documentary in these clips. I just assumed you were some dude posting something you had seen on TV.

Very cool.

[alique087]

@mukscle You made this show?