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former hedge fund manager's confess
Old 10-22-2008, 02:50 PM   #1
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former hedge fund manager's confess

came across this article while googling, pretty interesting.

my apology if this has been posted before.

Andrew Lahde:

FT Alphaville » Blog Archive » Andrew Lahde bows out in style

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Old 10-22-2008, 05:21 PM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
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Sounds like somebody should invite to join the forum.

Frankly he sounds like a bit of an A*hole, but at least he is honest.

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Old 10-31-2008, 12:07 PM   #3
Give me a museum and I'll fill it. (Picasso)
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I just saw this letter today, and found it very interesting and pertinent to early retirement. Here's a guy under age 40 who "got his" and decided to get out of the rat race and focus on living life. Nice.

I especially liked this part: "Moreover, I will let others try to amass nine, ten or eleven figure net worths. Meanwhile, their lives suck." So the guy must be sitting on a portfolio worth $10,000,000+. In other words, enough. I guess he got the standard 20% of profits from his hedge fund, which must have been a huge sum on a near-1000% profit.

His "resignation letter" was a bit of a middle finger, and the part about weed was somewhat of a non-sequitor. But I can't say that I disagree with much of it. Except the slight conspiracy theory undertones - I think weed is illegal because it is branded as immoral and detrimental (true or not), not some conspiracy of MegaPharma.
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