British hedge fund manager Crispin Odey thinks we've entered an economic downturn that is "likely to be remembered in a hundred years," and central banks won't be able to stop it. In his Odey Asset Management investor letter dated Dec. 31, 2014, Odey writes that the shorting opportunity "looks as great as it was in 07/09." "My point is that we used all our monetary firepower to avoid the first downturn in 2007-09, so we are really at a dangerous point to try to counter the effects of a slowing China, falling commodities and EM incomes, and the ultimate First World Effects.

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BING NEWS:
  • Hedge fund manager says Europeans are 'less ambitious' than Americans
    Nicolai Tangen, CEO of the trillion-dollar fund Norges Bank Investment Management, believes that Europeans are falling behind Americans when it comes to work ethic. The CEO revealed during a new ...
    04/26/2024 - 9:47 am | View Link
  • Hedge fund manager wants Ascendis shareholder meeting suspended
    In documents released on Friday, Black Mountain Investment Management hedge fund manager Mohamed Dhorat said they wanted the Ascendis general meeting on April 23, where shareholders will vote on ...
    04/14/2024 - 1:00 pm | View Link
  • Hedge Fund Manager Larry Robbins Fears Hit to NYC as He Joins Wealth Migration
    Larry Robbins jokes he’s the last hedge fund manager to move to Florida. But unlike those who relocated before him — most notably Citadel’s Ken Griffin — Robbins’ move comes with a twist.
    04/10/2024 - 3:21 am | View Link
  • Hedge fund manager says Tesla stock could 'go bust'
    Electric vehicle giant Tesla reported weaker-than-expected first-quarter delivery numbers of just under 387,000 units. Wall Street was expecting numbers in the region of 455,000 for the quarter ...
    04/3/2024 - 7:28 am | View Link
  • As US 'debt bomb' spirals towards $35 trillion, hedge fund boss warns politicians are spending 'at the expense of future generations'
    It comes after fellow hedge fund manager Paul Tudor Jones warned earlier this year that a 'debt bomb' is on the verge of exploding in the US - and grim projections showed interest payments on the ...
    04/3/2024 - 5:28 am | View Link
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