Vertaling en analyse van woorden door kunstmatige intelligentie ChatGPT
Op deze pagina kunt u een gedetailleerde analyse krijgen van een woord of zin, geproduceerd met behulp van de beste kunstmatige intelligentietechnologie tot nu toe:
- hoe het woord wordt gebruikt
- gebruiksfrequentie
- het wordt vaker gebruikt in mondelinge of schriftelijke toespraken
- opties voor woordvertaling
- Gebruiksvoorbeelden (meerdere zinnen met vertaling)
- etymologie
Wat (wie) is long term - definitie
![J.P. Morgan]], [[Lehman Brothers]], [[Merrill Lynch]], [[Morgan Stanley Dean Witter]], and [[Salomon Smith Barney]]—met on the 10th floor conference room of the [[Federal Reserve Bank of New York]] (''pictured'') to rescue LTCM.](https://commons.wikimedia.org/wiki/Special:FilePath/Federal-reserve-33-liberty.jpg?width=200 "J.P. Morgan]], [[Lehman Brothers]], [[Merrill Lynch]], [[Morgan Stanley Dean Witter]], and [[Salomon Smith Barney]]—met on the 10th floor conference room of the [[Federal Reserve Bank of New York]] (''pictured'') to rescue LTCM.")
![p=xv}}</ref> the [[Dow Jones Industrial Average]] and invested monthly in U.S. Treasuries at constant maturity.](https://commons.wikimedia.org/wiki/Special:FilePath/LTCM.png?width=200 "p=xv}}</ref> the [[Dow Jones Industrial Average]] and invested monthly in U.S. Treasuries at constant maturity.")
Wikipedia
Long-Term Capital Management L.P. (LTCM) was a highly leveraged hedge fund. In 1998, it received a $3.6 billion bailout from a group of 14 banks, in a deal brokered and put together by the Federal Reserve Bank of New York.
LTCM was founded in 1994 by John Meriwether, the former vice-chairman and head of bond trading at Salomon Brothers. Members of LTCM's board of directors included Myron Scholes and Robert C. Merton, who three years later in 1997 shared the Nobel Prize in Economics for having developed the Black–Scholes model of financial dynamics.
LTCM was initially successful, with annualized returns (after fees) of around 21% in its first year, 43% in its second year and 41% in its third year. However, in 1998 it lost $4.6 billion in less than four months due to a combination of high leverage and exposure to the 1997 Asian financial crisis and 1998 Russian financial crisis. The master hedge fund, Long-Term Capital Portfolio L.P., collapsed soon thereafter, leading to an agreement on September 23, 1998, among 14 financial institutions for a $3.65 billion recapitalization under the supervision of the Federal Reserve. The fund was liquidated and dissolved in early 2000.
LTCM can also be described as using an absolute return strategy in combination with high leverage.
