Wow! Great presentation! It is Eric Rosenfeld (one of the players of LTCM) speaking to Zvi Bodie's class on Long Term Capital Management Ten Years Later.
This is a DEFINITE must see. I just sat transfixed (must confess it totally changed what I had planned on doing all morning) for over an hour. I have read the books and case studies, watched a Trillion Dollar Bet, and have thought about it for hundreds of hours in classes over the years. That said, I still learned things from it. You will too.