The trade that George Soros and Stanley Druckenmiller pulled off in 1992 by betting against the British pound — and making $1 billion in the process — has gained legendary status. So when Bill Gross, the world’s best-known bond investor, tweeted yesterday from his current employer Janus Capital that betting against German government debt is the trade of a “lifetime,” he reached for that bit of history to benchmark the current opportunity.
Bill Gross’s ‘Short of a Lifetime’ Would Mean Armageddon
Odey Discusses Howard Marks’ Astute Observation On Why Hedge Fund Alpha Is Increasingly Rare [January Letter]
According to a copy of the firm's January investor update which ValueWalk has been able to review, the Odey Asset Management Odey Special Situations Fund returned 7.7% in January, outperforming its benchmark, the MSCI World USD Index, by 8.7%. Q4 2020 hedge fund letters, conferences and more The $60 million fund, which Adrian Courtenay manages, Read More
