Andrew Lahde’s Farewell Letter. Anyone who has read the book in its entirety will surely have been bewildered about how beguiled Wall Street. Retiring hedge fund manager Andrew Lahde: “All of this behavior supporting the Aristocracy, only ended up making it easier for me to find. Andrew Lahde’s goodbye letter (and what’s wrong with our country). One of my next posts, that has been coming together in my head for a.
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That’s the Hollywood version. So kudos to Lahde for realizing enough is enough and to go out and enjoy life, see the world, blah blah blah May 18, Posts: I wouldn’t call it “making money on other people’s misery”, in any fashion. The aristocracy he’s railing against will hardly get hurt in the end. After all, sitting and waiting is how we made money from the subprime debacle.
Andrew Lahde’s open letter: “Goodbye and F**k You”
Archived from the original on 25 September Hemp is not marijuana and vice versa. Since Thomas Jefferson and Adam Smith passed, I would argue that there has been a dearth of worthy philosophers in this country, at least ones focused on improving government.
I have enough of my own wealth to manage. There are far too many andres for me to sincerely thank for my success.
Idealistic, ultimately unreasonable points, but valid ones. I never understood the “you have so much money you are disgusting” attitude, particularly from Americans. Why gamble it all when you can retire very comfortably? Emo Emokorial is emo. Face it, they all work hard, lahee the time.
Give up on leaving your mark. Some of these guys, as I’ve mentioned in the ‘is trading gambling’ thread If I ever become a HF manager and got to the several hundred million dollar net worth and my job was taking up a lot of lefter time, I’d probably quit to.
And as for him being a minor player in a small hedge fund in an obscure corner of the market.
Why do we have two threads on this? I should stake my not-a-fortune against the US dollar in I’ve been to SAC’s home.
Anyway, if you want to contact me, don’t bother. I’m curious what are his plans, if any, regarding his possible advocacy of these issues? It doesn’t really teach us anything other than the guy is a loudmouth jerk. Just like making money on a stock going up, you can make money on the stock going down.
Having seen hedge funds, their managers, etc from the inside There are thousands of guys like this running hedge funds, and I imagine most of them are loudmouth jerks. I can only hope that it’s a sign of a coming wave of change in attitude in this country. Sun Oct 19, Wow, what a douchebag for pointing out a major problem with your financial markets.
Capitalism worked for two hundred years, but times change, and systems become corrupt. Sure Obama has the right paper, but he seems to have earned it rather than been a legacy. I still don’t understand the hating on short sellers. He did what is so rarely seen in the world of unbounded avarice: Originally posted by JasterMereel: Lahde has taken the best small fry approach, notice your 15min of fame and bolster the causes you care about intelligently.
Marijuana prohibition was initiated for precisely that reason–corporations like Dow wanting to push their new synthetic processes for plastic, and concerned that the cheapness and versatility of hemp would hinder their growth in that market. Get out while the lrtter good! Unfortunately as someone else mentioned, his farewell message about the faulty system will have more of an impact because of the number andtew chips that he is cashing in. It is always just a lftter more that will be ‘enough.
Sad Old Goth Registered: Sat Oct 18, 5: This is an outrage, yet no one seems to know or care about it. Regardless of whether this guy essentially profited from others’ misery, it’s refreshing to see someone in his position who yet sees farewel true value of money; it’s very rare that you’ll find an individual so driven to make money, who also has the ability to then say, “Okay, 20 million.
I imagine he recognizes his luck that the market couldn’t stay irrational longer than he could stay solvent.