So Long, Suckers

Posted by Chris Sturr | Filed under Uncategorized | Oct 18, 2008 | No Comments

This guy seems kind of like a cross between former Minnesota governor Jesse “The Body” Ventura and George Soros…

From the Financial Times:

Top hedge fund manager slams ‘idiot’ bankers

Friday Oct 17 2008 15:15

A hedge fund manager who made what is thought to be one of the biggest percentage profits of all time bowed out of the business on Friday with a fierce attack on the “idiots” running big banks who were willing to take the other side of his bets.

Andrew Lahde, founder of California’s Lahde Capital, used his farewell letter to investors to round on the US “aristocracy” able to pay for their children to gain a top-class education.

Read the rest of the article

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