Comments on: Andrew Lahde Letter Thanks Idiots for Lahde Capital Management Success

By: Richard Wilson

Richard Wilson — Wed, 05 Nov 2008 05:45:26 +0000

The point is why waste your life slaving for $100M if you have already made over $10M as he has?

- Richard

By: Bruceifer

Bruceifer — Fri, 31 Oct 2008 18:02:25 +0000

OC and dk, you obviously don’t get it! Either your too stupid or too corrupted by the system to see clearly the points this mans letter makes, or your just a couple of bought and paid for jagoffs who sold out cheaply and are now just bitter to see someone else succeed while you toil away at a life you regret and a job you hate. I don’t know which is more pathetic: your attitude, or your unwillingness to change? Sux to be you, yes he wrote a FU letter to the world, because he no longer has to play a fake game with rigged, phoney rules, like most of us including you two, get over yourself’s and see the purpose behind his writing, and stop whining already!

By: CB

CB — Fri, 31 Oct 2008 15:29:17 +0000

Ethics have gone to pot (no pun intended) across the world. Personal ethics, business ethics, treating people with respect, treating people how you would expect to be treat. Doing something because it is the right thing to do seems to have become a thing of the past. (sweeping statement and of course there are exceptions) Unfortunately we do not live in an ideal world.
If he donates all of his profit minus enough for 3 or 4 bags of weed a week for a year and a shack on the beach somewhere . Then I will think his outburst has a purpose. If he is prepared to back ideas of people who have maintained high ethics and tried to make a difference not for money but because it’s the right thing to do, Then I will respect him massively.
If he pays the mortgages of people who risk reposession for falling behind on payments then he is a genuinely nice guy.
If he does none of this then it’s just an over emotional outburst at a time when very many decent people have been caught in the crossfire of something they have no control over.

I must say however that I agree with many of his views – I think too many people have taken risks they had no right to take with other peoples money. The government(s) have not taken hold of the situation at all because they are “funded” by the same people they should be controlling . We all know this though – nothing new to read there.
I wish I was in a position to make a true difference. It seems like he has made a few dollars – let him help people. I have a view that if the government gave me 70 Billion dollars I might be able to improve the quality of more peoples lives than AIG will do.

I think he is a person I would like and get on with (although I’m not and never will be a weed smoker)- but if I were him I’d hit “save to drafts” and thought long and hard before sending.
The last thing I’d say is this. Of course I have ambitions to be secure financially. I even still have ambitions of being wealthy enough to run one or two foundations. I hope I make that wealth not at the expense of others – but due to my talent, hard work and ethical approach.
If I crack it I promise not to send my clients an email calling them idiots!

By: dk

dk — Mon, 20 Oct 2008 23:25:27 +0000

what an asshole…It just proves money can’t buy you class. He is correct that there was a lot of greedy anddumb moves especially by government who took bribes to look the other way when this stuff was going on but there was truly hard working and honest people who got caught up in this and he ignorantly lumps them and other hard working people together. He really runs down hard working people cause why…he thinks they should all be kicken back and smoking pot??? What a turd!

By: OC

OC — Mon, 20 Oct 2008 21:40:23 +0000

I found this letter stupid. This is just one guy of many who have hit a huge score in a HF at one time or another. Most of them stay low key. If they leave the game, they do so in a mature fashion. I don’t mind the f**k you to government, but honestly half your goodbye letter on marijuana? I thnk he was smoking it when he wrote the letter. Of course I agree marijuana should be legalized, but that was totally out of place in this letter. Of course, when you’re writing to investors you just gave a 400% return to after fees, you can say whatever the hell you want.

It’s clear this guy has some grudge against ivy-leaguers. Obviously as a result of his struggle to compete with them all these years. Then he gets a big score, sees the the economy in the doledrums, and so cashes out and says “haha i beat u!”. He’s not just quitting while he’s ahead of his prior states. Like a kid quitting a game of basketball right when he takes the lead, but before the buzzers sounds, he’s quitting while he’s ahead of his opponents, which I guess he has decided is ivyleagers. It’s a very odd going away. I’m sure he meant it as a badass, I’m cool f**k you, and I’m sure the teenagers he’ll be f**king in hawaii will see it that way, but to a mature audience he reveals himself as insecure.

What right does have to preach about better government and suggest soros use his funds towards intellectual improvement in this country, when this guy himself freely admits to being in it “for the money” and is now throwing away his blackberry so he can vacation and enjoy life. What a hypocritical asshole. He’s trying to have his cake and eat it too. “I’m the cool kid, b/c I got the most money and now I’m going to party. Oh- and by the way, here is a critique of society and how it can be improved, because I’m also concerned with social improvement and have respect for the likes of Jefferson and Smith.” Does he not know that Jefferson devoted his life to public service and would see his current aspirations and this letter itself as insecure, selfish, and wasteful?

This guy sounds right out of high school. I don’t mind the f**k you government, even tho the reasons he chose to focus on are hardly the worst of our problems. Nor do I mind the f**k you ivyleaguers even though it’s a ridiculous blanket statement as many investors who may put him to shame such as warren buffett graduated from top universities. But what I do mind is him pretending to give a shit about societal improvement in the same breadth as he pettily rubs his gains in the faces of his schoolyard opponents and touts his aspiration to throw his blackberry away and enjoy life.

He touts his relative wealth and gains that came at the expense of ivy leaguers, while belittling his relative poverty compared to the 9 and 10 digit wealth of others (surely not ivy-leaguers!!) by saying that that money isn’t valuable because it is about legacy. What?? So if he has more money than someone, then they’re an ivy leagure and the disparity is wealth is to praised; but if anyone has more money than him, then they’re not an ivy-leaguer and the disapirty in wealth it to be disregarded, because it’s probably just about legacy. I see. And we should all really be concerned about society’s well-being, but let’s also just be “in it for the money” and cash out and throw away our blackberrys for plenty of vacation time as soon as we hit it big. I don’t know the guy, but he paints himself someone biased by his own insecurity to the point of hypocrisy.

By: Kirby

Kirby — Sun, 19 Oct 2008 01:13:30 +0000

All too true, even about the weed. Financial institutions all corrupt, both political parties a joke, and govt which is beyond repair. Enjoy your chains you foolish slaves.