Andrew Lahde says "goodbye"
2008-10-18 18:31:05.868943+02 by
Dan Lyke
2 comments
One of those fun bar conversations is "how much is 'fuck you' money?", how much money would you have to have to tell people what you really felt, and damn the future economic consequences? Andrew Lahde ran a hedge fund that returned 866% it its one year, betting on the sub-prime collapse. He's decided to close the fund. He won't say how much he made, but it's that amount. A couple of sources for his "goodbye" letter, which is well worth a read: Alphaville, Portfolio.com (PDF), The Big Picture. Via.
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#Comment Re: made: 2008-10-18 21:29:15.508704+02 by:
meuon
[edit history]
Right now.. for me and Nancy: About 5 million after/without taxes.
It used to be a lot more, but being an American Citizen is becoming worth less.
#Comment Re: made: 2008-10-19 14:15:36.363074+02 by:
meuon
I re-read that letter today, and it reminded me of a Robert Anton Wilson rant.
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