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Hedge-fund manager resignation letter - 10/18/2008 1:13:11 PM

Vendaval

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The resignation letter of a hedge-fund manager is getting attention on the Net for the critiques of the economy and the last bit of advice on dealing with the stress in life.

"Hedge Fund Manger: Goodbye...And Think Pot"

"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."

http://www.cnbc.com/id/27239479

_____________________________

"Beware, the woods at night, beware the lunar light.
So in this gray haze we'll be meating again, and on that
great day, I will tease you all the same."
"WOLF MOON", OCTOBER RUST, TYPE O NEGATIVE

http://KinkMeet.co.uk

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RE: Hedge-fund manager resignation letter - 10/19/2008 7:07:04 AM

Termyn8or

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Well at least someone else has said it, why pot is illegal. When I tell people that they look at me funny.

A noteworthy resignation to say the least.

T

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RE: Hedge-fund manager resignation letter - 10/19/2008 8:00:55 AM

OneMoreWaste

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I think he's overstating the hemp-for-freedom case a bit, but sounds like someone I'd generally agree with.

Then again, he's happily retired, and I'm still working and stressing over shit-for-brains management decisions like a chump, so maybe I should plant a few acres

< Message edited by OneMoreWaste -- 10/19/2008 8:26:19 AM >

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RE: Hedge-fund manager resignation letter - 10/19/2008 10:24:30 AM

Kirata

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~FR~

Marijuana Myths

Dated, but concise. FYI, some newer stuff I saw suggests it has anti-cancer properties.

K.

< Message edited by Kirata -- 10/19/2008 10:26:20 AM >

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RE: Hedge-fund manager resignation letter - 10/19/2008 12:13:57 PM

LadyEllen

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I have to say that three out of three people I know who smoke this stuff regularly have gone completely off their rockers, but then I dont see that as any reason to single it out for a ban that is enforced as I understand it with such vigour in the US.

Alcohol, in all its various forms, destroys far more lives, far more extensively than any other drug known to man - with the added "bonus" of wrecking lots of adjoining lives too.

E

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RE: Hedge-fund manager resignation letter - 10/19/2008 12:38:18 PM

Termyn8or

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I read the article, but it matters not. They have no right to make it illegal so I simply don't care. I don't care if it cures or causes cancer, I do what I want, when I want. People around me are lucky that I have decided to be nice, but the fact is still extant, that nobody, and I mean nobody tells me what to do or not do.

One of these days someone might try to give me a drug test. I will handle that in one of two ways. I might refuse, and I will say straight out "You have no right to test me, while you have the right to expect me to come to work sober and straight, if I smoke a joint on Saturday night it is none of your business". In another case I might go ahead and pee in the bottle, and test positive of course, then I will say "OK, what of it, when do you want me to start ?".

A buddy of mine was worried that they would start testing at work. He is a toker. He has also been there over twenty years and it is a pretty good job. He bitches about it but who doesn't, well hedge fund managers generally don't but an exception is cited in the OP.

What he didn't know is that if they fired him for testing positive, he could sue. I tried to tell him to keep a nice slush fund handy. You see it is an addiction in their eyes, and therefore a disease. When you have a proven performance record and no big incidents, if they fire you, go home and call a lawyer. A good one. If you can afford it you can get all that pay for NOT working. Drag the case out as long as you can afford it and enjoy the paid vacation.

Yes, with all this war on drugs bull, this is part of the law. It is in their eyes a disease, therefore you can no more be fired for addiction than you can for catching a cold. Luckily I don't have to deal with it.

Sorry to instigate a hijack here, but what the heck.

T

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RE: Hedge-fund manager resignation letter - 10/19/2008 12:43:06 PM

Kirata

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quote:

ORIGINAL: Termyn8or

They have no right....

They have no right to do a lot of things, but that's another story. Interesting point about the "disease" aspect. Thanks.

K.

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RE: Hedge-fund manager resignation letter - 10/19/2008 1:12:20 PM

Termyn8or

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Yes they do Kirata. Just for the hell of it wanna know about the proof that they have no right to make it illegal ? I need no cites or quotes.

Remember prohibition, remember that it was a Constitutional amendment. Why ? Because the government has no authority whatsoever to legislate such a law.

Things changed though when we went under what is known as Admiralty Maritime Jurisdiction. This is a semi-military type of government imposed under the Emergency War Powers act, since then the Constitution is pretty much suspended. Anything can be defined as contraband at their whim.

It's not all that bad, remember paragoric ? Giving kids an opiate is not the best thing in the world IMO, and of course to smooth it out there was alcohol in it. Things like that should not be on drugstore shelves and should only be sold to those who understand the risks. But people's kids were sick and crying so alot of people just basically got them high. If you know my stance on hard drugs you know I am against that.

I mean when you are grown up and go get drugs, knowing full well the effects thereof and side effects, that is lawful, period.

Lawful and legal are two different things.

T

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