Saturday, October 18, 2008

For Andrew Lahde

I'm not sure I could talk to him about art or the finer points of epistemology, I'm not even sure I'd have him round to dinner, but you've got to hand it to Andrew Lahde, when it comes to the financial crisis, he just gets it.
'All of this behaviour 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..... Meanwhile, their lives suck... what is the point?'
Having made  a return of 870 per cent last year, Lahde is getting out of the hedge fund business to spend more time with his money. 

1 comment:

  1. He's right, even if we find his attitude obnoxious!
    That's why we're in such a mess. It seems to me if we see economics as separate from morality we miss the point entirely. We are decadent, corrupt, venal, lazy and can see no point to our lives other than endless spending on worthless things and material comfort.
    Now, at the end of the orgy of debt and consumption we find we have become slaves. Mr Lahde's loathing for the people who have made him rich - and himself I suspect - is a sure indicator of this, as is our collective self-loathing which is starting to emerge in Britain.