Andrew Lahde

Andrew Lahde is the hedge fund manager who capitalized on markets by betting against subprime mortgages. Lahde closed his fund (Lahde Capital) after only one year with 866% growth.

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Millionaire Hedge Fund Manager Retires. Thanks Idiots And Suckers.

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TheCaptain on

From: newspirates.com

The boss of a successful US hedge fund has quit the industry with an extraordinary farewell letter dismissing his rivals as over-privileged “idiots” and thanking “stupid” traders for making him rich. Andrew Lahde’s $80m Los Angeles-based firm Lahde Capital Management in Los Angeles made a huge return last year by betting against subprime mortgages. The 37-year-old told his clients that he had hated the business and had only been in it for the money. And after declaring he would no longer manage money for other people, because he had enough of his own, Lahde said that instead he intended to repair his stress-damaged health; ... Read Full Story

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He’s Not Joe The Plumber, But Maybe We Can Learn Something From Andy The Hedge Fund Manager Too

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simmobilezinfo on

From: www.simmobilez.info

You probably never heard of Santa Monica-based hedge fund manager Andrew Lahde, unless you were one of his clients (or victims). I never had, but last year one of his investment portfolios was up 870% . Yesterday’s L.A. Times carried the story of “>his parting shot to the investment world, “>his parting shot to the investment world, a letter he wrote to friends and foes. And while he doesn’t exactly come off as a sympathetic character, there’s plenty of Truth in his rant– even beyond his outrage about anti-marijuana laws. He was contemptuous for the self-important, dysfunctional, workaholic modus operandi of the corporate world: ... Read Full Story

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Hedge Fund Manager Andrew Lahde Calls It Quits

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artsidirector on

From: www.thevoicemagazine.com

Did political corruption lead to our current economic problems? Is our very own “democratic” government to blame for the loss of American free market capitalism as we have known it? Read about the inner workings of Mammon’s Kingdom from a hedge fund industry insider. In the eyes of the world Andrew Lahde was a success. He was the manager of Lahde Capital, a hedge fund in California. Last year his company returned 866 percent returns betting against the subprime lenders. He was the new golden boy. But last month Lahde did the unthinkable in the eyes of the Mammon Kings - he quit. On ... Read Full Story

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Hedge Fund Manager Andrew Lahde Calls It Quits

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artsidirector on

From: www.thevoicemagazine.com

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Sayonara Sub-Prime Suckers from Andrew Lahde

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oneworld on

From: www.oneworldincome.com

Andrew Lahde the 37y.o. manager of a small California hedge fund, Lahde Capital, made a killing last year betting on the subprime collapse. Last month, he called it quits after the fund had amassed a whopping return of 866% in a little over a year. Tired of the stress, he closed the fund. On October 17th, Lahde passed along his “goodbye” letter, a biting “F-you” message to the financial establishment, hedge funds, government and privileged “prep” school kids. It’s really entertaining. Below is the letter in it’s entirety as found on FT Alphaville and Portfolio.com . Few can disagree with his sentiments in our ... Read Full Story

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