Inventing Money: The Story of Long-Term Capital Management and the Legends Behind It – a technical take on LTCM compared to Lowenstein’s version + bibliographic information on the main players. Unlike Lowenstein, Nicholas doesn’t let the reader ease into, even guess, how the assumptions of volatility, liquidity, and normality impacted LTCM. He is quite direct. I also liked the explanation of derivative trades as off-book since they are effectively highly leveraged.