Can you smart guys explain to me

[Archaea]

Originally Posted by BYU71

When the two Stanford Nobel Economics winners put together Long Term Capital and raised billions to do arbitrages, I thought I might read what they had to say on the subject.

Before I could get to reading their stuff though they had lost billions and caused some real financial panics in the late 90's.

I then decided I would just resign myself to the fact that I could never figure it out.

I have some clients who claim to be experts in the field, and I just do the documents for certain organizational matters. But it bugs me I can't figure out what they're doing.

Can you at least explain some of the theories.