"I will no longer manage money for other people or institutions. I have enough
of my own wealth to manage. Some people, who think they have arrived at a
reasonable estimate of my net worth, might be surprised that I would call it
quits with such a small war chest. That is fine; I am content with my rewards.
Moreover, I will let others try to amass nine, ten or eleven figure net worths.
Meanwhile, their lives suck. Appointments back to back, booked solid for the
next three months, they look forward to their two week vacation in January
during which they will likely be glued to their Blackberries or other such
devices. What is the point? They will all be forgotten in fifty years anyway.
Steve Balmer, Steven Cohen, and Larry Ellison will all be forgotten. I do not
understand the legacy thing. Nearly everyone will be forgotten. Give up on
leaving your mark. Throw the Blackberry away and enjoy life."

Posted by email from ivanandersson’s posterous