This letter written by Andrew Lahde departing from the hedge fund debacle, it is a fantastic summary of what is wrong with today’s world.
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.
The rest of the letter can be found on Tim Ferriss’s blog http://www.fourhourworkweek.com/blog/2008/10/18/investment-series-preview-the-good-bye-and-f__k-you-letter/