Thanks to reader Eric for emailing me this. It is long > 1hr. but worth every second and given today’s events, I think everyone ought to watch it. This is Eric Rosenfeld who was a trader and principal in the Long-Term Capital Management hedge fund, a landmark Wall Street disaster.
Prior to LTCM, Rosenfeld was an instructor at Harvard University. About one year after LTCM’s rescue, in 1999, he joined John Meriwether as a partner in JWM Partners LLC, which started operations with about $250 million under management. He left JWM Partners to join Paloma Partners, a Greenwich fund-of-funds.
Disclosure (“none” means no position):