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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Ars Legatus Legionis et Subscriptor. In fact, when my office opened an investigation of possible discrimination in mortgage lending by a number of banks, the OCC filed a federal lawsuit to stop the investigation. Dec 25, Posts: Oct 9, Posts: He cites counterparty risk as a reason lletter getting out of the eltter, but I bet you dollars to donuts that his prime broker put limits on his leverage. The guy is a grade a douche.
I guess he’ll have time now, and the moral authority that comes from having gotten lucky in the market backing him up lahds he tries to force his new discoveries on us like a celebrity urging us to vote in a youtube video. And when kahde did, he told other people to do the same, and closed with a call to help those who CAN’T say “fuck you, got mine”, because someone else got theirs.
Should we all be so successful. Anyway, if you want to contact me, don’t bother.
Andrew Lahde’s goodbye letter | MetaFilter
You would not know this by paying attention to U. But you must recognize his market positions as fundamentally correct.
And as for him being a minor player in a small hedge fund in an obscure corner of the market. Retrieved from ” https: This guy is my hero. Originally posted by Daneel: Originally posted by kcisobderf: So long and thanks for all the fish. The money was reward enough. May contain trolling” Ars Legatus Legionis. The guy is on the right track. Anrrew may be better for his reputation to just get out of the game now, and start a new fund with different focus.
So he identified an obvious problem and asks someone else to fix it. Some get the good deals, others get the shaft.
Andrew Lahde’s open letter: “Goodbye and F**k You” – Ars Technica OpenForum
Sun Oct 19, 3: Finally, the dude’s totally spot on with the hemp and marijuana thing. I’m not sure about that fff, the market normally does better under democrats, presumably because they appoint competent people and worry about all levels of the economy.
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.
Just like making money on a stock going up, you can make money on the stock going down. Sat Oct 18, 3: Soros got as rich as he is by gambling his whole fortune a couple of times e. From Wikipedia, the free encyclopedia. Unlike alcohol, it does not result in bar fights or wife beating.
Be a global citizen.
I figured it would be a bland, dictated tone, all as-told-to the ghostwriter before he fucked off to the golf course. Induring the height of the predatory lending crisis, the OCC invoked a clause from the National Bank Act to farewwll formal opinions preempting all state predatory lending laws, thereby rendering them inoperative.
Off with his head. Yes, I’m in a bad mood today. They will all be forgotten in fifty years anyway. The low hanging fruit, i. Sat Oct 18, 7: Its mission is to ensure the fiscal soundness of national banks.
Actually, I was pretty impressed on that count, considering. And the reason it’s interesting is that he made his fortune and is leaving. Aug 30, Posts: People like Warren Buffett who fled the derivatives market entirely are the smart varewell responsible businessmen who deserve our respect. The flaw in this pretty picture is that there are very few people in this world for whom the definition of “plenty of money” does not change as they earn more and more.
May 3, Posts: Today I write not to gloat. Punching people in the face is asking for it.
What I did have a problem with was how unsubstantial it was.