"The low-hanging fruit, ie idiots whose parents paid for prep school, Yale and then the Harvard MBA, was there for the taking," he wrote. "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," he said.
"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."
Wednesday, April 15, 2009
The MBA / Preppie Indictment
Andrew Lahde is a retired hedge fund manager who in last year earned 1000%. For his success he thanked:
This list also describes the credentials of the last 4 US presidents. At this point one should be leery of any "leader" from Harvard or Yale.