I especially wouldn't pick an Odey fund that was down, uh, 40% since that article was written 
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Maybe it's just me, but I was going to make the argument for hedge funds outperforming over the long run, I probably wouldn't pick Crispin Odey as the poster boy.https://twitter.com/Josh_Young_1/status/1477425597588676610 …
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Still, I expect the long term performance is good, compounding at a cool [checks notes] negative 5% per year over 10 years?
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such a shit argument as well given that all the yooge multi-strats are delivering great returns and are pretty allocator friendly.
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Sorry, how do you mean allocator friendly?
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Odey's fund range tends to contrast each other though, if one fund tanks another shoots the lights out. I found it weird that everyone focused on him making £150m when brexit killed sterling, but his main fund was down 50%.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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FT loves Odey, despite him not actually managing that much money. I think it’s because he loves talking up his own book, or just generally doesn’t mind speaking to the press.
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Right? His fund is $120m or something, probably mostly his own money. Complete irrelevance and somehow there are 3-4 articles a year about him.
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