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Anecdotes Quotes

Have you been talking to my wife?

Eric Rosenfeld was one of the founders/Principals of the famous hedge fund LTCM

LTCM started in 1994 with around a Billion $ in assets.It had a spectacularly good run for a couple of years before blowing up in 1998.

Like other founders, Eric kept reinvesting in the fund only to see his fortune disappear as the fund blew up.

Many years later, he gave a mind blowing seminar to MIT students narrating his experiences.

One of the students asked him “Did you put everything into LTCM?”

He replied back “Have you been talking to my wife?”

 

 

 

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