While we were busy with the Robin Hood Investors Conference, a longtime bear fell to ashes, so to speak. At the Harrington Cooper’s 2013 conference, Hugh Hendry, founder of Eclectica Asset Management, said he was done with being short when the trends were just not in his favor at all. Making the trend your friend According to Dan Jones from Investmentweek, Hugh Hendry has finally given up on being the shortseller when markets everywhere are trying to reach the record of record highs. In his presentation at the conference, Hugh Hendry said that the price wars between China and the U.S. are turning…
So Long, Hugh – Eclectica Founder Done With Short Selling
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.