A hedge fund manager telling investors about continual losses is never easy. For Crispin Odey , down another -5.73% as of the close of November and off more than -40% heading into the end of the year, this year in particular might be painful. Speaking to his investor based filled with elite UK individuals and other high net worth investors, many of whom might be wondering when to exit the investment train that appears to have no breaks, Odey appeared stressed but put on a stiff upper lip. In a recording of his third quarter investment conference call reviewed by…
Odey: “It hasn’t been easy… but you find me in good heart”
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.