Imitation seems to have intensified after LTCM's success became public. Other traders were being told "LTCM made $2 billion last year. Can't you?" (Meriwether interview). For example, LTCM's success meant that it rapidly became largely closed to new investors, and in January 1998 a new fund, Convergence Asset Management, "raised $700 million in a single month purely from disgruntled investors denied a chance to buy into LTCM" (Dunbar 2000, p. 197).

Donald MacKenzie, An Engine, Not a Camera, loc. 1025