A significant story is told by looking at the Crispen Odey long short ratio. More than just Brexit, it reveals stock earnings issues and central bank potency that points to where the market could trend on a longer-term basis. One of the leading hedge fund managers to advocate for a “Leave” result and reportedly profit from it was Crispin Odey and the Odey MAC OEI fund. Crispin Odey told some media outlets that the fund made 15 percent gain on Friday along. The fund’s relatively celebrated individual investments picks were a key point to success, but the Odey long /…
Gold, Bank And Pound Shorts Boost Odey Returns After Brexit Crash
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.