Is the tide turning for Odey the Brexiteer? - part 31

Saturday, 6 January 2018, 8:11 pm

It took just a few days into the New Year for a rival news organisation to give charming Crispin Odey another shoeing.

This time it was Bloomberg, which dug up his overall performance figures for 2017. According to the newswire, Crispin's flagship Odey European Fund was finished down 20pc in 2017 (see the link below).

https://www.bloomberg.com/news/articles/2018-01-04/crispin-odey-s-flagship-hedge-fund-plummets-about-20-in-2017

That's after a fall of almost 50pc the year before!

And stockmarkets have been on tear since the beginning of 2018, so it would appear the Odey - who has been very predicting financial armageddon since late 2015 - could be in for a tough 2018. Or, has the old buffer finally capitulated?

I guess the market will find out later this month.....

[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].

Post Comment