Tuesday, October 4, 2011

Climateer Line of the Day: Not Sure I'll Be Subscribing Edition

From FT Alphaville:
Another one for the ETF apologists
...Jared was there when the world came tumbling down in 2008, working the ETF desk at Lehman Brothers, making millions off trades while partying so hard he eventually wound up in a mental hospital paranoid about an SEC notice and thinking he was being followed by federal agents. He was put on lithium and eventually cleaned himself up only to watch Lehman collapse.

Now Jared writes the witty newsletter Dirtnap, which is read by top Wall Street banks and hedge funds. Recently, Dillian has advised his readers to expect unexpected moves from the Federal Reserve and wild swings in the global economy. Let me know if you want to talk to Jared or would like a copy of the book....