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by atemerev 2603 days ago
Kind of bad luck — naming anything in finance “long-term”. It attracts the attention of quite a few angry gods to smite you.

Some of us still remember what happened with LTCM — “Long-Term Capital Management” hedge fund, who was heralded back then as the pinnacle of innovation. It was back in 1998, which looks like eternity for Silicon Valley types... but some remember.

Naming a financial entity “LTSE” is inviting trouble.