25 Years Later, Have We Learnt the Right Lessons from the Collapse of LTCM?

The Hedge Fund Meltdown That Rescued Your Stock Portfolio
https://www.wsj.com/economy/central-banking/the-hedge-fund-meltdown-that-rescued-your-stock-portfolio-72cc28d7
Long-Term Capital Management’s collapse 25 years ago started a habit hard to break—the ‘Fed put’

The Fed, the Stock Market, and the "Greenspan Put"
https://www.richmondfed.org/-/media/RichmondFedOrg/publications/research/econ_focus/2023/q1/federal_reserve.pdf

‘Only so much alpha in the world’: hedge funds face a reckoning
https://www.afr.com/companies/financial-services/only-so-much-alpha-in-the-world-hedge-funds-face-a-reckoning-20230828-p5dzwv
 
Black-Scholes Formula: 50 Years of the Equation that Built Wall Street
https://www.tradersmagazine.com/flashback/flash-friday-50-years-of-the-equation-that-built-wall-street/

Have misguided policies led to recent asset bubbles and boom-bust cycles? By Vivekanand Jayakumar, The Hill - 02/16/21
https://thehill.com/opinion/finance/538921-have-misguided-policies-led-to-recent-asset-bubbles-and-boom-bust-cycles/ 

New era of inflation will bedevil central banks and bond markets by Vivekanand Jayakumar, The Hill - 07/01/22
https://thehill.com/opinion/finance/3543857-new-era-of-inflation-will-bedevil-central-banks-and-bond-markets/

A good read: