Yes, there is a difference.
Farewell Letter from Hedge Fund Manager Andrew Lahde
He pretty much sums it up- don’t really know what to add on this. Amen?
“Capitalism is broken”. Some might argue that our system was never working in the first place, but as of now it truly is broken. Click here for an awesome book/eye-opening perspective- Economic Interp of the Constitution by Charles Beard (1913). Funny that I’ve been kind of dancing around this conclusion for the last couple years. It took someone else stating it for it to really come home. The socio-economic system in this country is broken. I hope that the $700B bailout package will be THE last straw. It is the crown jewel of a system that is built upon the illusion of democracy and meritocracy. We live in a country that is of, for and by the elite.
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