Hedge Fund Manager : Goodbye.. and Think Pot

I thinking working for that guy would be a life experience in and of itself!

The marijuana rant at the end was awesome! I mean, if you were to write a letter like that, would you think to put that in? The guy obviously doesn't give a crap anymore.

I agree with this part:


Once I've got enough to comfortably retire on ($1 to 2M), I'm out. If I do it 20 years, great, if I do it in 5 years, even better, but either way, I'm done.

Not that I'm knocking anyone who wants to be the richest man in the world, all the more power to you. But it's not for me.

RF

I believe the correct terminology is "Fu*k you money." In other words, you have enough to say fu*k you to whomever you like. That figure is subjective, of course.

That about sums it up!

RF

So where did he do an MBA (if he did one)??

edit --
FOUND IT!!! he went to UCLA Anderson : https://www.bittenandbound.com/2008/10/1 ... anagement/

Anderson, I believe.

Nice detective work!!

RF

Yea, UCLA for his MBA. But Michigan State for undergrad (my alma mater!).

Fun read, interesting take.

~Sam

the author is prolly reffering to 'W' as a HSB graduate, only president to hold an MBA in the US history...

the interesting fact is that nobody was able to locate W's GMAT scores...

From Capital IQ:

Mr. Andrew Frank Lahde was the Founder and Managing Partner at Lahde Capital Management, LLC. He had an extensive experience in company and industry analysis, particularly in the telecom and business services sectors. As a Senior Research Analyst with Roth Capital Partners, Mr. Lahde was instrumental in generating investment ideas and performing in-depth research on individual companies. He joined in July 2002 as a Research Analyst focusing on Business Services. Before joining Roth, Mr. Lahde worked as an Associate with Gerard Klauer Mattison covering Wireless Technology. Prior to that, he was a Convertible Bond Analyst at Kayne Anderson Rudnick Investment Management. Mr. Lahde began his investment career in 1995 at TD Waterhouse where he was a Relationship Manager in the Institutional Division. He is a qualified C.F.A. Charter holder and the Vice-Chair of the Scholarship Committee for the Los Angeles Society of Financial Analysts. Mr. Lahde has been an active member of AIMR since 1997. He earned an M.B.A. degree from UCLA and B.A. in Finance from Michigan State University.

A very good take on things...

Kudos.