Now, along with his present-day colleague James White, he has written a book that aims to spare other investors his mistakes. Fortunately, “The Missing Billionaires” is not a discussion of the minutiae of ltcm’s bond-arbitrage trades. Instead, it examines what its authors argue is a much more important—and neglected—question than picking the right investments to buy or sell: not “what” but “how much”.
现在,他与现在的同事詹姆斯-怀特(James White)一起写了一本书,旨在让其他投资者避免重蹈覆辙。幸运的是,《失踪的亿万富翁》并不是讨论 ltcm 的债券套利交易的细枝末节。相反,它探讨的是作者认为比选择正确的投资买卖更重要--但却被忽视了--的问题:不是 "买什么",而是 "买多少"。