Qasar Younis, CEO of Applied Intuition says "We're at that phase of the bubble where.. all the *opulence* in the companies is what people talk about, rather than the products." "I just finished this book called "When Genius Failed." It's about LTCM, this hedge fund in the late '90s that was a bunch of these savants, geniuses." LTCM Grew to ~$125B in assets with more than $1T of notional exposure through leverage.. then.. "They found themselves in a really bad position, & suddenly this…