Showing posts with label herd behavior. Show all posts
Showing posts with label herd behavior. Show all posts

Friday, July 24, 2015

winterspeak — The vector for financial contagion is hedge funds

This article sums up exactly my experiences at DE Shaw during the ruble default/LTCM melt down in 1998….
Running for the door, any door, cutting a door, jumping out the windows.….

winterspeak.com