Once a typhoon breaks loose in markets, there is no telling where it will go.

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The phrase "Once a typhoon breaks loose in markets, there is no telling where it will go" captures the unpredictable nature of financial markets during turbulent times. In Roger Lowenstein's book "When Genius Failed: The Rise and Fall of Long-Term Capital Management," this metaphor illustrates how sudden and dramatic shifts can occur, often leading to unforeseen consequences. Typhoons symbolize the chaotic forces that can disrupt even the most sophisticated financial strategies.

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March 01, 2025

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