Thursday, August 16, 2018
Gary Shteyngart has a new book out, titled Lake Success Capital. It's about a narcissistic hedge fund manager on the run from the SEC. Although I'm still waiting on my copy to arrive, the marketing for the book is impressive. Ben Stiller joined Gary for a promotional video:
The video tweaks the hedge fund industry for its insularity and tendency to draw its talent from a narrow pool of sources. Lake Success seems to be recruiting new employees from the lacrosse teams at fourteen elite schools. With these schools absorbing a significant chunk off the nation's wealthy scions, it's particularly funny when they describe accredited investors as "your moms."
I wanted to flag for this audience because others might also enjoy reading it.