What is Hugh Hendry's fund strategy? I remember him talking about using CDS From his many interviews on the financial state of China, Europe etc I am guessing he runs macro fund which given the office set up also does smaller short term trades, correct?
@jerryvalez Thanks, 2.7% is relatively low for 2010, a consequence of trading against the 'Bernanke Put', but 11.7% is definetely one of the leading fund performance for 2011.
That said I'd have expected much higher, you've really gotta question the value of paying 20% fees when fund returns are this bad.
The guy's funny. It is pure gambling. There's no difference between this guy's hedge fund and any bank out there. They're all trading. The only difference is the market makers can manipulate the price just like a casino can manage its tables.
When the camera showed his books I noticed he had Huerta De Soto's "Money, Bank Credit, and Economic Cycles". No wonder this man knows what he's talking about; he certainly is reading the right material.
Hugh is great, I've seen him on the TV a lot recently. I'm glad he stands up for himself and capitalism. I've seen the BBC attack him on a number of occasions with their socialist type of attitude, which is well and good as he's had good responses each time.
@jjintheuk Please explain to me your definition of socialist, because I'm hearing people call keynesian bankers socialist now for the first time. So I'm genuinely interested in your working definition.
Why does the interviewer keep blaming him about making money? I suspect Mr Rowlatt would also prefer seeing his pension pot gain in value. And why not blame traders making money when the stock market is rising?
Countries had no problems going bankrupt before hedge funds even existed. The bashing - shown by the line of questioning is a sad diversion tactic. Go Hugh.
@berkeley73 you're having a laugh arent you? Slave traders in the Roman Empire made money and were respected people. Pirates robbed and plundered and made money; so on this tenuous logic Hugh Hendry has the right to sit back in his cushy Mayfair office and tell people they have to suffer and slide into poverty.... lovely thinking that
What is Hugh Hendry's fund strategy? I remember him talking about using CDS From his many interviews on the financial state of China, Europe etc I am guessing he runs macro fund which given the office set up also does smaller short term trades, correct?
Is there any way to find his track record?
mfl002 2 months ago
@mfl002 from bloomberg, his 2011 return was 11.7 and 2010 was 2.7. his fund's (Ecletica) strategy is classified as a macro
jerryvalez 2 weeks ago
@jerryvalez Thanks, 2.7% is relatively low for 2010, a consequence of trading against the 'Bernanke Put', but 11.7% is definetely one of the leading fund performance for 2011.
That said I'd have expected much higher, you've really gotta question the value of paying 20% fees when fund returns are this bad.
mfl002 1 week ago
The interviewer is simply just not up to the job of interviewing Hugh.
Shannmeister 3 months ago
@juantons1 I like the part when the interviewer started serving koolaid about short selling. The ignorant never saw it coming.
tempss 4 months ago
I'm a better trader than your boy Timmy, Hugh. Silly lad is using moving averages and bar charts?
geiko187 5 months ago
The guy's funny. It is pure gambling. There's no difference between this guy's hedge fund and any bank out there. They're all trading. The only difference is the market makers can manipulate the price just like a casino can manage its tables.
TheTopBloke 8 months ago
This has been flagged as spam show
When the camera showed his books I noticed he had Huerta De Soto's "Money, Bank Credit, and Economic Cycles". No wonder this man knows what he's talking about; he certainly is reading the right material.
readthepaper 1 year ago
@readthepaper did you see the one that said 'creative destruction'? lol
MrPresidentToBe 1 year ago
@MrPresidentToBe Pikers... You've all missed Tragedy & Hope By C. Quigley - no wonder the world is going ablaze. :)
z0nt21 1 year ago
Hugh is great, I've seen him on the TV a lot recently. I'm glad he stands up for himself and capitalism. I've seen the BBC attack him on a number of occasions with their socialist type of attitude, which is well and good as he's had good responses each time.
jjintheuk 1 year ago 9
@jjintheuk Please explain to me your definition of socialist, because I'm hearing people call keynesian bankers socialist now for the first time. So I'm genuinely interested in your working definition.
TheTopBloke 8 months ago
Why does the interviewer keep blaming him about making money? I suspect Mr Rowlatt would also prefer seeing his pension pot gain in value. And why not blame traders making money when the stock market is rising?
berkeley73 1 year ago
Countries had no problems going bankrupt before hedge funds even existed. The bashing - shown by the line of questioning is a sad diversion tactic. Go Hugh.
berkeley73 1 year ago 11
@berkeley73 you're having a laugh arent you? Slave traders in the Roman Empire made money and were respected people. Pirates robbed and plundered and made money; so on this tenuous logic Hugh Hendry has the right to sit back in his cushy Mayfair office and tell people they have to suffer and slide into poverty.... lovely thinking that
haasxaar 1 year ago
@berkeley73 LOL you are a retard
jjintheuk 1 year ago
@jjintheuk
Thanks But it looks like you've got the wrong guy. From your comment I see that you agree with me.
berkeley73 1 year ago