In Which FT Alphaville's Bryce Elder Shreds Former Big Wheel Hedgefunder Crispen Odey

Mr. Odey's name has come up in private conversations a few times in these parts, usually in reference to his massive bet on gold in the run-up to the Nov. 8 U.S. Election:

FinViz

Down another $11.90 today, $1160.50 last and just over $110 above the $1049 multi-year low touched last December.

From FT Alphaville's Markets Live post, 9Dec16:

...BE And just for a change we're going for a man in a suit.

BE The urbane Mr Odey. He of the £150,000 chicken coop ....

BE... and the Chicken-licken trading strategy.

BE (Bloomberg) -- Crispin Odey’s flagship hedge fund lost 9 percent in November, according to a note to investors seen by Bloomberg, meaning the billionaire money manager is on course to record his worst year since starting the fund more than twodecades ago.The decline in the Odey European Inc. fund brings the total drop this year to almost 48 percent, more than the 43 percent itlost in 1994. A spokesman for the London-based hedge fund firm did not reply to an e-mail seeking comment.

BE Here's what that performance looks like in a picture.

BE Okay, but anyone can have a bad year right? Benchmarks are there to be underperformed sometimes.

BE One has to take a longer term view.

BE Such as the three year ...

BE

BE Okay, how about five year?...

...MUCH MORE

See also:
Nov. 3
Follow-Up: "Odey Hedge-Fund Assets Dip 60% as Clients Shun ‘Bitter Pill’"
Nov. 2  
The Stress May Be Getting To Hedgie Crispin Odey--UPDATED
Oct.4 ZeroHedge
For Crispin Odey This Is The Endgame: Hedge Fund Billionaire Goes All In Betting On "Violent Unwind" Of QE Bubble
Sept. 16 
Crispin Odey Is Getting Crushed
Aug. 13 Zerohedge
Billionaire Crispin Odey, Who's Had A Pretty Terrible Year, Is Betting Everything On Gold
May 23 
Hedge Funder Crispen Odey Has Become a Parody of.....Crispen Odey