Thursday, October 4, 2018

[History] any links or references suggesting that Nobel prize winner William F. Sharpe almost destroyed the United States Economy?

Hi everyone,

I’m just looking for reference to write history paper.

(What I know kind of) Context:

William F. Sharpe had a fund called “Long-Term Appreciation Capital”

Popular guy after pioneering Capital Asset theory

Many people wanted to invest with him

Had invested heavily in Asian Currency because he had thought it would go up.

Asian Financial Crisis occurs, his fund loses a lot of money, and the United States government needed to bail him out.

*if this is the wrong sub please redirect me to the right one. Thank you.



Submitted October 04, 2018 at 11:28PM by Mathasuer https://ift.tt/2O5EKLl

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