ANDREW LAHDE LETTER PDF

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Andrew Lahde’s Farewell Letter. Anyone who has read the book in its entirety will surely have been bewildered about how beguiled Wall Street. You can read excerpts from Andrew Lahde’s letter below. Recently, on the front page of Section C of the Wall Street Journal, a hedge fund. Andrew Lahde was the manager of a small US hedge fund that returned per cent to The following is an extract from his farewell letter.

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I am content sitting on the leter and waiting. George Soros, a man of staggering wealth, has stated that he would like to be remembered as a philosopher. 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. Originally posted by Emkorial: Sat Oct 18, 4: It has surely contributed to our dependency on foreign energy sources.

Ars Legatus Legionis et Subscriptor. Andreew, that would be alcohol, which is so heavily advertised in this country. In SeptemberLahde closed his fund, telling lwhde that credit problems – the basis of his profits – were likely to continue, but that the possibility of defaults by counterparties was too high.

This is an outrage, yet no one seems to know or care about it. The evil female plant — marijuana. So this is it.

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Sat Oct 18, 3: Unlike alcohol, it does not result in bar fights or wife beating. From Wikipedia, lwhde free encyclopedia. Punching people in the face is asking for it.

Lahde, who bet versus subprimes, quits hedge funds

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 my time, I’d probably quit to. Zndrew received fame for his return rates in 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: Originally posted by kcisobderf: Hemp is not marijuana and vice versa. Capitalism worked for two hundred years, but times change, and systems become corrupt.

Sat Oct 18, 5: Sun Oct 19, 3: You post in the SoapBox. By using this site, you agree to the Terms of Use and Privacy Policy.

Hedge Funds: Andrew Lahde’s Farewell Letter

Simply stating an opinion does not automatically equal that ones feels that their opinion is more valid than others. Maybe even a B hole. Get out while the gettings good! Oh, and “legalize it”, that’s pretty cool. I was in this game for the money. I’ve been to other significant hedge fund owners’ homes. Having seen hedge funds, their managers, etc from the inside The evil female plant — marijuana.

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Who Got Screwed in the Wall St. George Washington Slept Here Registered: I do not understand the legacy thing. The low hanging fruit, i. Nor am I writing to make further predictions, as most letrer my forecasts in previous letters have unfolded or are in the process of unfolding.

Plus, he makes valid points. Here is my post from the other thread I guess: Unfortunately as someone else mentioned, his farewell message about the faulty system will have more of an impact because of the number of chips that he is cashing in. War to the Palaces Peace to the Huts Registered: This Andrew Xndrew letter stems from his disenchantment with the business that made him a wealthy man.

Lastly, while I still have an audience, I would like to bring attention to an alternative food and energy source.

This is an outrage, yet no one seems to know or care about it. I believe there is an answer, but for now the system is clearly broken. So this is it. Sat Oct 18, 1: