nosoup
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Hedge Fund Manager: Goodbye and F---- You
I'm posting this as a favor to Z, he said it made his day.
quote:
Andrew Lahde, manager of a small California hedge fund, Lahde Capital, burst into the spotlight last year after his one-year-old fund returned 866 percent betting against the subprime collapse. Last month, he did the unthinkable -- he shut things down, claiming dealing with his bank counterparties had become too risky. Today, Lahde passed along his "goodbye" letter, a rollicking missive on everything from greed to economic philosophy. Enjoy.
The full letter can be read here
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"You know how dumb the average person is? Well, by definition, half of 'em are even dumber than THAT." - J.R. "Bob" Dobbs
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10/21/2008, 8:37
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HeathenAngel
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Re: Hedge Fund Manager: Goodbye and F---- You
Niiiiiiiiiiiiiiice... a great read that we should all learn from.
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What would you do for a Klondike bar?
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10/21/2008, 21:25
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