Trillion Dollar Bet
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Just, Melvin: Just Evil

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Rating: 6.83 from 152 votes.

Trillion Dollar Bet

The story of one of finance’s greatest formulas, the Black-Scholes option pricing model, which won two of its developers the prestigious Nobel Prize. It explores how the hedge fund which they founded, Long Term Capital Management, which promised to generate large returns with low risk through mathematical models spectacularly blew up and had to be bailed out by a consortium of banks to avoid systemic risk in the financial markets.

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