Lahde Says Farewell to MBA Aristocracy
Andrew Lahde, the hedge-fund manager who quit after posting an 870% gain last year,
said farewell to clients in a letter that thanks stupid traders for making him rich.
"I was in this game for money. The low-hanging fruit, i.e. idiots whose parents paid for prep school, Yale and then the Harvard MBA, was there for the taking.
These people who were (often) truly not worthy of the education they received (or supposedly received) rose to the top of companies such as AIG, Bear Stearns and Lehman Brothers and all levels of our government.
All of this behavior supporting the Aristocracy, only ended up making it easier for me to find people stupid enough to take the other sides of my trades. God Bless America."
On marijuana: "Corporate America, which owns Congress, would rather sell you Paxil, Zoloft, Xanax and other addictive drugs,
than allow you to grow a plant in your home without some of the profits going into their coffers."
The Nattering One muses... Lahde echoes our sentiments regarding the traitorous blue blood aristocracy that has ruined our country.
And should be taxed to the hilt, to help defray the cost of their folly. We could not have said it better:
"people who were (often) truly not worthy of the education they received (or supposedly received and) rose to the top."
The best and brightest? Hardly, a pack of rich, soul-less, MBA pedi-greedy little bastards and bitches whose comeuppance is just starting.
Further, with property values plunging further by the day, many municipal and state governments will be forced to raise taxes or look for other sources of income...
raising the possibility of the legalization of certain drugs, gambling and prostitution to avoid excess taxation.
Perhaps between the three, the deficits and national debt could be wiped out in short order. Think like the Dutch, it works in the Netherlands.
said farewell to clients in a letter that thanks stupid traders for making him rich.
"I was in this game for money. The low-hanging fruit, i.e. idiots whose parents paid for prep school, Yale and then the Harvard MBA, was there for the taking.
These people who were (often) truly not worthy of the education they received (or supposedly received) rose to the top of companies such as AIG, Bear Stearns and Lehman Brothers and all levels of our government.
All of this behavior supporting the Aristocracy, only ended up making it easier for me to find people stupid enough to take the other sides of my trades. God Bless America."
On marijuana: "Corporate America, which owns Congress, would rather sell you Paxil, Zoloft, Xanax and other addictive drugs,
than allow you to grow a plant in your home without some of the profits going into their coffers."
The Nattering One muses... Lahde echoes our sentiments regarding the traitorous blue blood aristocracy that has ruined our country.
And should be taxed to the hilt, to help defray the cost of their folly. We could not have said it better:
"people who were (often) truly not worthy of the education they received (or supposedly received and) rose to the top."
The best and brightest? Hardly, a pack of rich, soul-less, MBA pedi-greedy little bastards and bitches whose comeuppance is just starting.
Further, with property values plunging further by the day, many municipal and state governments will be forced to raise taxes or look for other sources of income...
raising the possibility of the legalization of certain drugs, gambling and prostitution to avoid excess taxation.
Perhaps between the three, the deficits and national debt could be wiped out in short order. Think like the Dutch, it works in the Netherlands.
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