Andrew Lahde writes a pretty funny but scarily true letter. The hedge-fund manager who saw amazinf gains thanks idiots with fancy MBAs for making him rich while they helped most of us become poorer.
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 sides of my trades. God Bless America.
He also talks about the glory of hemp, both male and female…