Hugh Hendry pt1: 'I want to short people like me'

Part two available here: http://bit.ly/IgWVQ

Category:

News & Politics

Tags:

• Hugh Hendry
• hedge funds
• short selling
• investment
• fund managers
• dollar
• euro
• regulation

[GreenrushCapital]

Hugh is a class act...love the hair...Mine looks like that after an all nighter too..keep it up Hendry!

[brainshannon]

Where is part 2?

[armoredinnerjacket]

He says the euro will be at parity with the dollar

Today 27 oct 2011 it is 1.41

Hope he didn't back that estimate

I like him - he is the only person I have ever met who is more arrogant than me

so that makes me look normal

He keeps us on our toes - that's the main thing and it does us a big favor

[BemusedTIger]

1. guy has most affected manner of speach you cd imagine...keeps falling into whispers and nudgint listener "what i want to say to you ..."

2. get a comb

3. get a decent sound recorder...sound sucks.

4. markets are efft ergo ur adice si absurd

[radicalsquare]

@49fiori

That's the hope but you're confusing expansion with progress. More advanced systems, research, and technologies often function as mechanisms of control. So-called progress of industrial age was merely a transference of wealth. Natural resources was extracted from colonies as raw materials for western advancement. Now electronic "advances" use sophisticated algorithms and high-speed calculations to manipulate markets and create esoteric investment devices to bleed the middle class.

[pipzzo]

If it was an electronically banking system well then there is no limit , but then we are just placing in capitalistic corrupt and fraudulent system that wont stop until it controls mankind in ever aspect . So what the other direction we need to ask ourselves? Default ? Or 0% interest which proves very successful?

[pipzzo]

there is only around 1 % of $ in the cash format , to print will bring inflafion and we see that in the Eurozone now. and the lack of oil for Europe and Japan will choke us both , and yet prices will still rise. Less demand due to higher prices =less jobs. What is the limit on Noteswe can print , if of course they SHOULD be backed up by lets say Gold.

[Maino88]

I idolise Hugh.

He doesn't give a fucking shit.

Long may that continue.

[49fiori]

@pjbltd read books and you will be better than him, much better. Keep listening to him and you will be like him.

[49fiori]

Mankind will always go forward, in research, science, technology, medicine, and in economy as well as stock markets of course. You cannot bet against the mankind and win, as well as you cannot bet against American and win. People who speculate and dance their way in and out of the markets will always lose money. Most hedge fund managers are bookies taking bets for or against. How do you lose money in the market where Dow Jones Industrial Average went from $66 1920 to 11,871 last Friday?

[bogardan666]

Hugh was so wrong about the dollar. Beware the $, it's going to weaken for the next 5yrs. The Canadian dollar and Australian dollar are where you want to be.

[jdbrown371]

@tomintroy Right. The 24.5 number is still very important because most of the economic growth of the past two decades is leverage and credit inflation. I can't tell you exactly how much but it's worth comparing GDP in the fifties/sixties bull market to the eighties/nineties bull market (Prechter's Conquer the Crash). I'm NOT as bearish as Prechter. I think we're in for a Japan-like extended deflation with equities reaching pre-1986 prices, not a 30s style crash.