😱 Buffett’s Take on the Collapse of Long-Term Capital Management! 😱 Warren Buffett’s views on the collapse of Long-Term Capital Management (LTCM)—the massive hedge fund blow-up in 1998: 🧠 Buffett’s Core Takeaways on LTCM ✅ 1) The collapse underscored the dangers of extreme leverage. Buffett repeatedly pointed to LTCM as a classic example of bright, highly educated investors using too much borrowed money. He has said that the firm’s partners “risked what they did have and did need to make mone