Odey: “It hasn’t been easy… but you find me in good heart”

A hedge fund manager telling investors about continual losses is never easy. For Crispin Odey , down another -5.73% as of the close of November and off more than -40% heading into the end of the year, this year in particular might be painful. Speaking to his investor based filled with elite UK individuals and other high net worth investors, many of whom might be wondering when to exit the investment train that appears to have no breaks, Odey appeared stressed but put on a stiff upper lip. In a recording of his third quarter investment conference call reviewed by ValueWalk, the UK’s wealthiest individual reviewed the market panoply and attempted to explain his position in a world where...