Odey Likes Gold For Central Bank Demand, Loves Shorting “Poor Manufacturer” Tesla Which Has “”Little Chance Of Surviving”

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Michelle deBoer-Jones
Published on
Updated on

Odey Asset Management is one of the few funds which hasn't been able to capitalize on the strength in the first quarter. The fund is down 8.87% year to date, with 8.29% of that decline coming in February. We should also point out that Odey was up an impressive 41.19% for 2018, a year that was difficult for many hedge fund managers. Q1 hedge fund letters, conference, scoops etc Central bankers drove gold demand in 2018 According to his March 31 fund update, which was reviewed by ValueWalk, six of Crispin Odey's top 10 holdings are short positions. Two of...

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.