Monday, October 20, 2008

Hedge Funds, Weed, and American Revolutions

Andrew Lahde is a New York hedge fund manager who recently made a fortune thanks to his bets against the subprime mortgage industry. He is now taking the money and running, and he just published a letter explaining why. In the two-page letter, he also manages to propose a new system of US government (one that involves George Soros and the Linux operating system), and calls for the legalization of marijuana. You can read the full letter here. I don't have much to add, except that it is pretty awesome and hilarious.

3 comments:

smokestack said...

I loved the title of Ezra Klein's blog post linking to this letter: "SCREW YOU, AND YOU, AND YOU. AND YOU. YOU'RE COOL. I'M OUT."

Mike D. said...

Haha, that sums it up perfectly.

Indiana said...

see, smokestack! I told you George Soros was behind the credit market collapse...