Finance

Explore the history of hedge funds from emergence in 1969 to the 2008 financial crisis, including key figures, strategies, and market trends.

Discover how hedge funds have evolved from exclusive investment options to a staple in modern financial markets, adapting to periodic failures and controversies.

The story of LTCM's collapse in 1998 reveals the flaws in complex financial models used by hedge funds.

Explore the Long-Term Capital Management crisis, a pivotal moment in global financial history, highlighting risks of complex investment strategies, systemic risk, and inadequate regulation.

Explore the collapse of Long-Term Capital Management and its impact on global financial markets during the 1998 Russian financial crisis.

The collapse of Long-Term Capital Management (LTCM) in 1998 led to a $4.6 billion loss, exposing risks associated with high leverage and complex financial instruments.

The collapse of Long-Term Capital Management in 1998 highlights the risks of relying solely on complex mathematical models for risk management and the importance of nuanced approaches.

The collapse of Long-Term Capital Management serves as a cautionary tale about the dangers of unchecked market forces and the importance of understanding complex financial systems.

The Rise and Fall of Long-Term Capital Management explores the catastrophic consequences of excessive leverage and the importance of risk management in modern finance.

Derivative pricing models like the Black-Scholes model have transformed finance by accurately valuing complex financial instruments.

Discover the groundbreaking Black-Scholes model that revolutionized financial modeling by providing a precise mathematical framework for understanding complex financial phenomena.

Market Volatility and Reflexivity explores the rapid growth of hedge funds, reflexivity, and its impact on global financial markets.

Explore George Soros' groundbreaking concept of reflexivity, which challenges traditional market efficiency assumptions.

Explore how emerging markets are no longer considered high-risk areas in the modern global economy, but rather core countries like the US experience severe financial crises.

Explore how securitization spread financial vulnerability across the globe, exacerbating the 2007-2008 global financial crisis.

Explore the history of subprime lending, its rise and fall, and the consequences of unsustainable business models on global financial markets.

Explore the rise and fall of subprime mortgage loans that led to a global financial meltdown in 2007.

This article examines the complexities of housing markets, including depreciation, liquidity, and volatility, to understand why housing prices can fluctuate over time.

The transformation of mortgage lending from personal relationships to securitized markets had significant consequences for borrowers and lenders.

Explore how the rise of financialized markets has created a stark divide between those with access to sophisticated risk management tools and those without in the global economy.