A review of long term capital management ( ltcm ) -what the ltcm show you before they bankrupt? -why the ltcm bankrupt? 1-2 pages

Introduction to LTCM
LTCM was a big hedge fund management firm owned and managed by renowned noble
laureate John Meriwether. It is based in Greenwich. It is based to take advantage of the
arbitrage opportunities with great financial leverage. It is collapsed in 2000 after successfully
run for more than 12 years.
What LTCM showed in Initial Years?
LTCM showed a huge sign of success initials initial year. It started with an initial investment
of $1 billion under its portfolio. The initial focus of the firm is bond trading. It adopted the
strategy of bond convergence which means to take advantage of the bonds...