Hedge Fund Manager: Goodbye and F—- You
This came up in coversation today. Definitely old in terms of it’s posting, but always timely in it’s content. From portfolio.com:
Oct 17 2008 12:01pm EDT
From the Scorched Earth Files:
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. READ THE LETTER HERE
About Josh Kitlas
My name is Josh Kitlas.
This is my blog - http://kitlas.com. I won't write about breakthrough personal development coaching. Or physics. Or how to make $5,000 in one week through SEO strategies, affiliate marketing, and multi-level marketing. If you are looking for cheap pharmaceuticals or if your distant aunt, uncle, grandparent or other unknown familial relation has died, left you millions and all you need to do to collect the booty is Western Union someone $10,000, this isn't the place for you
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