When Genius Failed

‘A must-read thriller for anyone who works, or invests in markets. It is a story of how arrogance can drive greed and fear to extremes.’ Scotsman ‘Richly textured and lucidA riveting account that reaches beyond the market landscape to say something universal about risk and triumph, about hubris and failure.’ New York Times ‘Lowenstein has written a squalid and fascinating tale of world-class greed and, above all, hubris.’ Business Week ‘This book is story-telling journalism at its best’ The Economist

Roger Lowenstein reported for the Wall Street Journal for over a decade and also wrote columns for the paper, Heard on the Street and Intrinsic Value. His first book, Buffett: The Making of an American Capitalist (1996), was a bestseller, and he has gone on to publish When Genius Failed: The Rise and Fall of Long Term Capital Management (2002) and Origins of the Crash: The Great Bubble and Its Undoing (2004), as well as co-authoring numerous titles. Besides the Journal, Mr Lowenstein’s work has appeared in the New York Times and the New Republic. He also writes a column for SmartMoney Magazine’. He lives in Westfield, New Jersey and has three children.