Skip to main content

For A Man Who’s Fund Is Down By Half Over The Last Three Years, Crispin Odey Is Positively Giddy

Who even remembers 2015 through 2017?
  • Author:
  • Updated:

When last we heard from Crispin Odey, he was proclaiming to Financial News that he’d “wasted” the last three decades of his life “making money” when he should have “become politically involved again.” While he quickly walked that last bit back, FN promised that Odey’s abortive run for Parliament was only part of its chat with the hedge fund industry’s most outspoken fowl fancier. Take it away, Crispin.


“I'm the best performing fund in the world at the moment,” he says. “How much better can it get?”

While it’s true that Odey’s flagship European Fund is up by 25% this year, a more uncharitable blogger might suggest that it could be better if he hadn’t lost double-digits in each of the previous three years, and if consequently his three- and five-year returns weren’t “lost half my investors’ money.” But Odey’s being plenty uncharitable himself, both to himself and others, although he sure does have a spring in his step about it.

“I'm having a great year but have had some horrible years before this,” he said….

“I got it very wrong in 2016 when I thought the world was coming to an end,” Odey admitted. “The opposite happened!”…

The Financial Times reported last June that Odey has “in effect bet his entire fund on a spectacular market collapse”. “The FT is wrong on everything!” he replied….

Odey is especially scathing of former Prime Minister David Cameron: “Once you met David, you realised he was going to do absolutely nothing. He was so unbrave.”

But enough about people who aren’t him.

“We are good investors…. Invariably with these things you have two years up and two years down.”

Not to quibble C.O., but it’s actually been three up years and three down years, although I guess that’s good news for those clients who took a bath from 2015 through 2017 and plan to stick around through 2020.

Crispin Odey speaks: ‘How much better can it get?’ [FN]



Crispin Odey Denies Plan To Become Royal Lord High Commissioner For Landfowl

It would take him away from his own chickens for too long.


Crispin Odey Not To Blame For Losing Investors Two-Thirds Of Their Money

If only Janet Yellen, Mark Carney and their banking cronies would let the world economy collapse, Odey investors would really be lording it over their newly-impoverished neighbors.


Threefold Increase In Loss Produces Fourfold Increase In Bonus For Crispin Odey

It’s good to be king of the hedge-fund chickens. And also still CEO at the time.


Allegedly Sexual Deviant Crispin Odey Definitely A Racist, Ghoul

If we’re throwing around c-words, I can think of one to describe the hedge fund manager.

Taking his country back. fir0002 | [GFDL 1.2], via Wikimedia Commons

Crispin Odey’s Chickens Safe From Foreigners, Lower Standard Of Living

The hedge fund manager has declared himself (and his fowl friends) "the winner" of the Brexit.

England's Donald Trump: Pro-Leave, obviously.

Maybe Crispin Odey Should Go Into Politics

‘Cause this hedge-fund managing thing just isn’t working out.