Tuesday, July 12, 2011

Screw hedge funds -- smoke weed (17 Oct 2008)

It's easy to think of financial industry honchos as a bunch of arrogant, entitled creeps, but maybe they aren't all bad. Hedge fund manager Andrew Lahde recently quit running his fund, and his letter to investors is a must-read. Apparently he's a champion of building a meritocracy, having a new Constitutional Congress, and letting everyone get high.

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