Andrew Lahde says "goodbye"
2008-10-18 16:31:05.868943+00 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.