Tuesday, August 11, 2009

Atticus Capital To Close After 15 Grueling Years Of Getting Rich Investing Other People's Money

It can be hard work using other people's money to pay yourself a few billion dollars. Tim Barakett of Atticus Capital, for one, is tired of it. So, he's retiring; rumor has it he even plans to meet his children. Enjoy your well earned billions, Tim. The Rothschilds appreciate your hard work.

Below is Tim Barakett's letter to clients announcing his intentions to close Atticus's main hedge fund, liquidate positions and return capital to clients.

Aga Aug 11 2009 Ltr Final

I think it would have been more effective if Tim had just sent folks a link to this video:

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