“Investors long for steady waters, but paradoxically, the opportunities are richest when markets turn turbulent.”
― When Genius Failed: The Rise and Fall of Long-Term Capital Management
― When Genius Failed: The Rise and Fall of Long-Term Capital Management
“Think of yourself as dead. You have lived your life. Now, take what's left and live it properly. What doesn't transmit light creates its own darkness.”
― Meditations
― Meditations
“If you aren’t in debt, you can’t go broke and can’t be made to sell, in which case “liquidity” is irrelevant.”
― When Genius Failed: The Rise and Fall of Long Term Capital Management
― When Genius Failed: The Rise and Fall of Long Term Capital Management
“That it will never come again is what makes life so sweet.”
― Reasons to Stay Alive
― Reasons to Stay Alive
“As Keynes observed, there cannot be “liquidity” for the community as a whole.6 The mistake is in thinking that markets have a duty to stay liquid or that buyers will always be present to accommodate sellers.”
― When Genius Failed: The Rise and Fall of Long Term Capital Management
― When Genius Failed: The Rise and Fall of Long Term Capital Management
Goodreads Developers
— 3061 members
— last activity Apr 12, 2026 05:10AM
Official group for developers on Goodreads to coordinate and build cool apps. For general Goodreads support, please visit our help page.
Manoj’s 2025 Year in Books
Take a look at Manoj’s Year in Books, including some fun facts about their reading.
More friends…
Polls voted on by Manoj
Lists liked by Manoj


























