Crispin Odey made a name for himself in the 2007/08 financial crisis. He was one of the first hedge fund managers to accurately predict that the global borrowing binge would trigger a financial crisis. His flagship hedge fund, Odey European, returned 68% in 2007 and a further 43% in 2008 as the firm’s bets on bonds and banks paid off. One of the manager’s biggest paydays came when the UK lender Bradford & Bingley collapsed during the crisis. Odey had made a substantial short bet against the stock before the crisis. Huge payday The outstanding performance in 2007 and 2008…
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