Hedge Fund Manager Odey Says U.K. Stocks Could Plummet 80%

Banned 24 replies
24 Comments

A good time to buy!

"Crispin Odey, whose main hedge fund has lost about 43 percent this year,"

" hasn’t made money at his main Odey European Inc. fund since 2014, when it gained 5.5 percent. He was down almost 13 percent last year."

OP not sure why you are listening to this person as they clearly don't have a clue.

Banned

Someone better inform Mutters

Original Poster Banned

[email protected]

"Crispin Odey, whose main hedge fund has lost about 43 percent this … "Crispin Odey, whose main hedge fund has lost about 43 percent this year,"" hasn’t made money at his main Odey European Inc. fund since 2014, when it gained 5.5 percent. He was down almost 13 percent last year."OP not sure why you are listening to this person as they clearly don't have a clue.



Not listening, observing like you.

hedge funds go bust every year.

why is this moron any different? he chose the wrong stocks, didn't sell when they started to slump and he hoped for the best, his gamble didn't pay off.

scare mongering

he is a remoaner

dont panic

[email protected]

"Crispin Odey, whose main hedge fund has lost about 43 percent this … "Crispin Odey, whose main hedge fund has lost about 43 percent this year,"" hasn’t made money at his main Odey European Inc. fund since 2014, when it gained 5.5 percent. He was down almost 13 percent last year."OP not sure why you are listening to this person as they clearly don't have a clue.



Do you only trust people with a 100% record? The guy is renowned for seeing what was coming in 08. He may be wrong, he may be right but to dismiss him as you have done seems....agenda-driven.

psmith1958

scare mongeringhe is a remoanerdont panic



What would you say if I told you he was actually a Leave supporter?

HotEnglishAndWelshDeals

What would you say if I told you he was actually a Leave supporter?



​he lied (_;)

HotEnglishAndWelshDeals

Do you only trust people with a 100% record? The guy is renowned for … Do you only trust people with a 100% record? The guy is renowned for seeing what was coming in 08. He may be wrong, he may be right but to dismiss him as you have done seems....agenda-driven.



http://gifrific.com/wp-content/uploads/2014/02/Tom-Hanks-Saying-Really.gif

I see his reasoning . Inflation set to be 4% + next year , growth -very little if any . If you get a wage rise ,lucky you . Its called Stagflation ! Not good for importers, exporters , bankers ,teachers (in fact not good for anyone )

Cant think why this should happen 6 months after growth and the economy were booming ? Errrr.... or maybe I do - Good old democracy at its xenophobic best - just saying

psmith1958

​he lied (_;)



He didn't. He's just being honest. What's your take on our economic outlook?

Original Poster Banned

rogparki

I see his reasoning . Inflation set to be 4% + next year , growth -very … I see his reasoning . Inflation set to be 4% + next year , growth -very little if any . If you get a wage rise ,lucky you . Its called Stagflation ! Not good for importers, exporters , bankers ,teachers (in fact not good for anyone ) Cant think why this should happen 6 months after growth and the economy were booming ? Errrr.... or maybe I do - Good old democracy at its xenophobic best - just saying



I know a few people that voted out that get paid in $$$

cchopps

I know a few people that voted out that get paid in $$$


So do I , they are pleased at the moment but also realise their "apparent hike in salary" will soon be eaten away by inflation . ie they are intelligent folk . What about us folk who get paid in pounds and will see our disposable income cut in the next year ? To be fair its not a surprise to me oO

The same stocks that whilst within the EU are still at the same level as 20 years ago?

A stagnant market that has decimated the value of every pension in the land?

A stagnant market that has still managed to pay record bonuses to the entire banking industry?

The success story of the EU.

rogparki

So do I , they are pleased at the moment but also realise their "apparent … So do I , they are pleased at the moment but also realise their "apparent hike in salary" will soon be eaten away by inflation . ie they are intelligent folk . What about us folk who get paid in pounds and will see our disposable income cut in the next year ? To be fair its not a surprise to me oO



You'll either spend less or save less. It's better for the economy if you actually saved less and continued spending so that the economy keeps trundling along, but that's going to have a massive impact when you retire.

Basically Brexit has been good for people who already had large amounts of money invested in the ftse 100, foreign investors and people who can be paid in dollars. Apart from that....

coathanger

The same stocks that whilst within the EU are still at the same level as … The same stocks that whilst within the EU are still at the same level as 20 years ago? A stagnant market that has decimated the value of every pension in the land?A stagnant market that has still managed to pay record bonuses to the entire banking industry?The success story of the EU.



Keep repeating that when food prices go up but your wages don't.

rogparki

I see his reasoning . Inflation set to be 4% + next year , growth -very … I see his reasoning . Inflation set to be 4% + next year , growth -very little if any . If you get a wage rise ,lucky you . Its called Stagflation ! Not good for importers, exporters , bankers ,teachers (in fact not good for anyone ) Cant think why this should happen 6 months after growth and the economy were booming ? Errrr.... or maybe I do - Good old democracy at its xenophobic best - just saying


Yeah well its your opinion, which is basically what democracy does best gives everyone a fair say.
BTW how do you directly relate xenophobia with the way half the voters voted and who's to say whether all of the groups you mentioned didn't vote for Brexit because they wanted less or at least stable immigration rather than none, or voted for Brexit because they thought the EU was an expensive bureacracy, or because they didnt want Juncker ruling over the UK, or because Europe is failing at controlling its borders - verifying those who are travelling are not terrorists/criminals/economic migrants and perhaps because the EU has weakened the collective resistance to terrorism (or is that all xenophobia to you?).

HotEnglishAndWelshDeals

You'll either spend less or save less. It's better for the economy if you … You'll either spend less or save less. It's better for the economy if you actually saved less and continued spending so that the economy keeps trundling along, but that's going to have a massive impact when you retire.Basically Brexit has been good for people who already had large amounts of money invested in the ftse 100, foreign investors and people who can be paid in dollars. Apart from that....


and exporters. and those who were correctly hedged,

and for mostly everyone else its made zero difference ...because it hasn't happened yet!

Only 80%?

perhaps he has short sold the ftse, just maybe?

HotEnglishAndWelshDeals

He didn't. He's just being honest. What's your take on our economic … He didn't. He's just being honest. What's your take on our economic outlook?



​mine is looking "sweet" but even better when we over turn this silly undemocratic "remoaner case" in the court on 7th December

psmith1958

​mine is looking "sweet" but even better when we over turn this silly u … ​mine is looking "sweet" but even better when we over turn this silly undemocratic "remoaner case" in the court on 7th December



Undemocratic? I'm pretty sure you just called the British parliamentary system undemocratic. X)

Banned

HotEnglishAndWelshDeals

Keep repeating that when food prices go up but your wages don't.



I'll just increase my dividends dear boy.
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