Parting words from a successful Hedge Fund manager
 

In case you missed this article (“Hedge Fund Manager: Goodbye and F—- You”) on portfolio.com on October 17th, here are the parting words from Andrew Lahde, the manager of a small hedge fund, who grabbed the spotlight last year after his one-year-old fund returned 866 percent betting against the subprime collapse. Ladhe has decided to take his money and retire.

He doesn‘t sound like a very admirable person, but much of what he says does have the ring of truth to it. I especially enjoyed this part:

“. . . I will let others try to amass nine, ten or eleven figure net worths. Meanwhile, their lives suck. Appointments back to back, booked solid for the next three months, they look forward to their two week vacation in January during which they will likely be glued to their Blackberries or other such devices. What is the point? They will all be forgotten in fifty years anyway. Steve Balmer, Steven Cohen, and Larry Ellison will all be forgotten. I do not understand the legacy thing. Nearly everyone will be forgotten. Give up on leaving your mark. Throw the Blackberry away and enjoy life.

Technorati Tags: financial crisis, stress, management, getting out of the rat race