I am droping out..said Andrew Lahde!
Posted on November 3, 2008
Filed Under Investing |
Just when I thought my this blog was recovering from this controversial post on economy
I stumbled upon this amazing resignation letter by Andrew Lahde, manager of a small California hedge fund, Lahde Capital. Andrew Lahde’s claim to fame is his one-year-old fund that returned 866 percent by betting against the subprime collapse.
Two weeks ago Andrew did something that is completely unimaginable. He decided to bid a good bye, passed a good by letter around.
What caught my attention is the way he crafted this letter. Take some time and read it, you will find a tremendous amount of wisdom in it, like I did.
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