http://www.portfolio.com/views/blogs/daily-brief/2008/10/17/hedge-fund-manager-goodbye-and-f-you

写信的人叫Andrew，是加州对冲基金Lahde Capital的基金经理。去年做空次贷，使得他的基金年回报高达866%。今年他决定牛放桃林，马勒戈壁，关掉基金回家追寻逝水流年，就写了这封言辞激烈的信

Dear Investor:

Today I write not to gloat. Given the pain that nearly everyone is experiencing, that would be entirely inappropriate. Nor am I writing to make further predictions, as most of my forecasts in previous letters have unfolded or are in the process of unfolding. Instead, I am writing to say goodbye.

Recently, on the front page of Section C of the Wall Street Journal, a hedge fund manager who was also closing up shop (a $300 million fund), was quoted as saying, “What I have learned about the hedge fund business is that I hate it.” I could not agree more with that statement. I was in this game for the money. The low hanging fruit, i.e. idiots whose parents paid for prep school, Yale, and then the Harvard MBA, was there for the taking. These people who were (often) truly not worthy of the education they received (or supposedly received) rose to the top of companies such as AIG, Bear Stearns and Lehman Brothers and all levels of our government. All of this behavior supporting the Aristocracy, only ended up making it easier for me to find people stupid enough to take the other side of my trades. God bless America.

There are far too many people for me to sincerely thank for my success. However, I do not want to sound like a Hollywood actor accepting an award. The money was reward enough. Furthermore, the endless list those deserving thanks know who they are.

I will no longer manage money for other people or institutions. I have enough of my own wealth to manage. Some people, who think they have arrived at a reasonable estimate of my net worth, might be surprised that I would call it quits with such a small war chest. That is fine; I am content with my rewards. Moreover, 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.

So this is it. With all due respect, I am dropping out. Please do not expect any type of reply to emails or voicemails within normal time frames or at all. Andy Springer and his company will be handling the dissolution of the fund. And don’t worry about my employees, they were always employed by Mr. Springer’s company and only one (who has been well-rewarded) will lose his job.

I have no interest in any deals in which anyone would like me to participate. I truly do not have a strong opinion about any market right now, other than to say that things will continue to get worse for some time, probably years. I am content sitting on the sidelines and waiting. After all, sitting and waiting is how we made money from the subprime debacle. I now have time to repair my health, which was destroyed by the stress I layered onto myself over the past two years, as well as my entire life — where I had to compete for spaces in universities and graduate schools, jobs and assets under management — with those who had all the advantages (rich parents) that I did not. May meritocracy be part of a new form of government, which needs to be established.

On the issue of the U.S. Government, I would like to make a modest proposal. First, I point out the obvious flaws, whereby legislation was repeatedly brought forth to Congress over the past eight years, which would have reigned in the predatory lending practices of now mostly defunct institutions. These institutions regularly filled the coffers of both parties in return for voting down all of this legislation designed to protect the common citizen. This is an outrage, yet no one seems to know or care about it. Since Thomas Jefferson and Adam Smith passed, I would argue that there has been a dearth of worthy philosophers in this country, at least ones focused on improving government. Capitalism worked for two hundred years, but times change, and systems become corrupt. George Soros, a man of staggering wealth, has stated that he would like to be remembered as a philosopher. My suggestion is that this great man start and sponsor a forum for great minds to come together to create a new system of government that truly represents the common man’s interest, while at the same time creating rewards great enough to attract the best and brightest minds to serve in government roles without having to rely on corruption to further their interests or lifestyles. This forum could be similar to the one used to create the operating system, Linux, which competes with Microsoft’s near monopoly. I believe there is an answer, but for now the system is clearly broken.

Lastly, while I still have an audience, I would like to bring attention to an alternative food and energy source. You won’t see it included in BP’s, “Feel good. We are working on sustainable solutions,” television commercials, nor is it mentioned in ADM’s similar commercials. But hemp has been used for at least 5,000 years for cloth and food, as well as just about everything that is produced from petroleum products. Hemp is not marijuana and vice versa. Hemp is the male plant and it grows like a weed, hence the slang term. The original American flag was made of hemp fiber and our Constitution was printed on paper made of hemp. It was used as recently as World War II by the U.S. Government, and then promptly made illegal after the war was won. At a time when rhetoric is flying about becoming more self-sufficient in terms of energy, why is it illegal to grow this plant in this country? Ah, the female. The evil female plant — marijuana. It gets you high, it makes you laugh, it does not produce a hangover. Unlike alcohol, it does not result in bar fights or wife beating. So, why is this innocuous plant illegal? Is it a gateway drug? No, that would be alcohol, which is so heavily advertised in this country. My only conclusion as to why it is illegal, is that Corporate America, which owns Congress, would rather sell you Paxil, Zoloft, Xanax and other additive drugs, than allow you to grow a plant in your home without some of the profits going into their coffers. This policy is ludicrous. It has surely contributed to our dependency on foreign energy sources. Our policies have other countries literally laughing at our stupidity, most notably Canada, as well as several European nations (both Eastern and Western). You would not know this by paying attention to U.S. media sources though, as they tend not to elaborate on who is laughing at the United States this week. Please people, let’s stop the rhetoric and start thinking about how we can truly become self-sufficient.

With that I say good-bye and good luck.

All the best,

Andrew Lahde”

短视且无知的精英寡头，腐朽的社会秩序，真是放之四海而皆准哦。

偶也想赚够钱去隐居，有空研究些哲学与社会问题，有个小院子好种点大麻。

鸦片比较过瘾_大麻不行

想起了国庆节之前收到的财迷朋友的短信:

我辞职了，厌倦了这种工作！我在我们村租了二亩地种了点经济作物（鸦片），养了点家畜（大熊猫），街上赶场做点小生意（拐卖妇女儿童），九月份刚考上研究生（学的是印钞票），我开的小厂也投产了（造点原子弹），逢年过节放放。比以前上班休闲多了，朋友们有空到我们村来玩嘛，没啥好吃的，宰个熊猫尝尝鲜，吃锅鸦片裹的烟，临走带点我的印刷品，再放颗原子弹欢送你。

这是不是投基分子向往的生活啊

谷歌的翻译

尊敬的投资者：

今天，我写不幸灾乐祸。由于疼痛，几乎每个人都正在经历，这将是完全不合适的。我也写作出进一步的预测，因为我大部分的预测在以往信件或正在展开的过程中展开的。相反，我写信说再见。

最近，在头版的C节的华尔街日报，一个对冲基金经理谁也收店（ 3亿美元的基金） ，是说： “我所了解的对冲基金业务，是因为我恨它。 “我完全同意这种说法。我在这个游戏的钱。低挂果树，即白痴，他们的父母支付的预备学校，耶鲁大学，然后哈佛大学工商管理硕士学位，在那里的考虑。这些人谁是（常常）确实不值得的教育，他们收到（或理应收到）上升到顶端的公司，如美国国际集团，贝尔斯登和雷曼兄弟和各级政府。所有这一切行为的支持贵族，只有上涨更容易对我来说，找到足够愚蠢的人采取的另一边，我的行业。上帝保佑美国。

有太多的人，我衷心感谢我的成功。但是，我不想听起来像一个好莱坞明星接受奖项。这笔钱是奖励不够。此外，无休止的名单应该感谢那些知道他们是谁。

我将不再资金管理为其他人或机构。我有足够我自己的财富管理。有些人，谁认为他们已经到达一个合理的估计，我国净资产，可能会感到惊讶，我将称之为退出与这样一个小战争的胸部。这是罚款;内容，我与我的回报。此外，我将让其他人尝试积聚九，十张或11的数字净值得。与此同时，他们的生命吸吮。任命背靠背，预约今后三个月，他们期待着他们为期两周的休假在1月期间，他们可能会粘的黑莓或其他类似设备。是什么意思？他们将所有被遗忘在五十年反正。史蒂夫巴尔默，史蒂芬科恩和拉里埃利森都将被遗忘。我不明白的遗产的事。几乎每个人都将被遗忘。放弃离开您的大关。掷以外的黑莓和享受生活。

因此，这是它。与所有应有的尊重，我辍学。请不要指望任何类型的回复电子邮件或语音邮件在正常时间范围内或在所有。安迪施普林格和他的公司将处理解散该基金。不要担心我的员工，他们总是采用施普林格先生的公司，只有一个（谁了良好的回报）将失去他的工作。

我有没有兴趣在任何交易中人会像我这样参加。我真的没有强有力的舆论对任何市场，现在以外地说，事情将继续变得更糟糕了一段时间，也许几年。我的内容坐在观望和等待。毕竟，坐着，等待是我们如何赚钱的优崩溃。我现在有时间来修复我的健康，这是破坏了我的压力层次上自己在过去两年中，以及我的整个生命-如果我有竞争空间，大学和研究生院，就业和所管理的资产-与那些谁了所有的优势（丰富的父母） ，我没有。 5月任人唯贤的一部分一种新形式的政府，需要加以确定。

在这个问题上美国政府，我要作出微薄的建议。首先，我指出了明显的缺陷，即立法，多次提出了向国会在过去八年中，这将有统治的掠夺性贷款的做法已大多不复存在机构。这些机构定期国库填补了双方在返回投票了所有的这项立法旨在保护普通公民。这是一个愤怒，但似乎没有人知道或关心它。自从托马斯杰斐逊和亚当斯密过去了，我要说，出现了缺乏值得哲学家的诗

这个有点过了，呵呵。