Mar
21
Crispin Odey Having A No Good, Very Bad March
By
The metaphorical chickens have come home to metaphorically roost.
A little less than a year ago, Crispin Odey was bemoaning a 19% April drop. “Nobody likes being wrong. Nobody likes looking foolish,” he said. (And this from a man who built an ersatz Greek temple to house his chickens.) “Nobody likes losing money.” Crispin Odey may not like any of these things, but he certainly must be getting used to them, as they are becoming something of a biannual event. After nearly erasing his early ’15 mensis horribilis, Odey went and lost 16.8% in the first 16 days of October on his way to a 12.8% drop for the year. And this month, he’s managed to outdo even that…
Crispin Odey Having A No Good, Very Bad March
