Tagged in

Hedge Funds

Money out of Air

Lessons about investing and crazy stories about markets.

More information

Followers

103

Elsewhere

More, on Medium

Hedge Funds

Scheplick in Money out of Air

Jul 14, 2017

The Craziest Hedge Fund Letter Ever Published

Hemp is the future, you’re all dumb, and we need a new Government!

I remember, several years ago, coming across a letter from a hedge fund manager named Andrew Lahde. I have tried…

The Story of Private Capital Management and Apple

In 2004, a hedge fund called Private Capital Management made a massive bet. They found a company they liked and they decided to invest most of their portfolio in it. They had never made a bet this big.