"May meritocracy be part of a new form of government, which needs to be established," wrote a multimillionaire retiring in his 30s in an open letter to those "stupid enough" to make him rich, which condemns the practices that did so and the system whose injustices he struggled with to get to where he is. Furthermore, he's leaving the business, content to "sit on the sidelines" and wait to see how the markets play out through the crisis, noting that "sitting and waiting" helped the subprime crash prove profitable.