Victor Haghani - From Long Term Capital Management To Elm Partners - Investing Lessons

In today's podcast Patrick Boyle interviews Victor Haghani, former Long Term Capital Management Partner about Salomon Brothers in the days of Liars Poker, What it was like working at LTCM, different approaches to investing, short squeezes, arbitrage and how Victor invests today. We talk briefly about the GameStop short squeeze, Melvin Capital and why Steve Cohen and Citadel might have invested more money.Victor has spent more than 40 years in the world of finance, from the London School of Economics to Salomon Brothers to LTCM and finally to Elm Partners, Victor has a wealth of knowledge to share about indexing, value investing, momentum risk management and international diversification.Subscribe to Victors mailing list: https://elmfunds.com/blog/Victor's Ted Talk: https://www.youtube.com/watch?v=1yJWABvUXiU&t=26sBooks Mentioned in the video: Liar's Poker by Michael Lewis: https://amzn.to/3asrt7NWhen Genius Failed by Roger Lowenstein: https://amzn.to/3pKOrxjInside The Yield Curve by Martin Leibowitz :https://amzn.to/2NVkaxHTriumph of The Optimists by Elroy Dimson: https://amzn.to/2LcixL5 Patrick's Books:Statistics for The Trading Floor:  https://amzn.to/3eerLA0Derivatives For The Trading Floor:  https://amzn.to/3cjsyPFCorporate Finance:  https://amzn.to/3fn3rvC Patreon Page: https://www.patreon.com/PatrickBoyleOnFinanceVisit our website: www.onfinance.orgFollow Patrick on Twitter Here: https://twitter.com/PatrickEBoyleSupport the show