Arbitrage traders navigating volatile global markets on a rollercoaster, representing LTCM during the Russian crisis.

Long-Term Capital Management (LTCM): The Hedge Fund That Nearly Collapsed Global Financial Markets

Introduction to Long-Term Capital Management (LTCM) Long-Term Capital Management (LTCM), a prestigious hedge fund founded by Nobel Prize-winning economists and renowned Wall Street traders, once ruled the financial markets with its innovative arbitrage strategies. In the mid-1990s, LTCM’s success story was an inspiration for countless investors as it boasted double-digit

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