A few weeks ago, we reported that Odey Asset Management’s flagship Odey European fund, which has suffered years of poor performance and outflows, beat the rest of its hedge fund peer group in October adding 7.2%, boosting returns for the year to the end of October to 48.4%. These initial performance figures were even more impressive considering the rest of the hedge fund industry seems to have struggled in October as some of the most popular stocks among slumped. Some of the most popular so-called hedge fund hotels including Mohawk Industries, Electronic Arts, Newell Brands, Wynn Resorts and Michael Kors…
In Stunning Turnaround Odey Is Crushing The Market Again
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk