Hugh Hendry's letter to shareholders

[nwoodman]

A couple of articles discussing Hugh's latest letter to shareholders

 

http://www.businessinsider.com/hugh-hendry-letter-to-shareholders-2012-4 

 

http://www.alsosprachanalyst.com/economy/hugh-hendry-on-why-he-is-so-bearish-on-china.html

 

cheers

nwoodman

[nwoodman]

Full letter now at Zerohedge

 

http://www.zerohedge.com/news/hugh-hendry-back-full-eclectica-letter

[Guest]

I'm not familiar with him. What is his long term record?

[nwoodman]

Low double digits. His appeal for me, especially in this letter, is in his pro USA bias due to low cost energy. He also has a healthy skepticism towards China, that fits somewhat with my own views

 

Cheers

Nwoodman

 

[Ballinvarosig Investors]

http://www.eclectica-am.com/temp/1_summary.png

 

His fund is the blue line, his bench mark is the MSCI World Index Total Return fund which is in red. The letter is certainly a thought provoking read.

[BargainValueHunter]

OK...not a letter to shareholders but a great interview:

 

http://www.investmentweek.co.uk/investment-week/news/2310184/hendry-i-would-buy-bitcoin-if-i-could

 

"We are in 3D printing stocks. I say to my team 'don’t tell me the valuations, it is trending,'" he said, speaking at a Harrington Cooper conference at which he also revealed he is no longer bearish.

 

The power of those trends is such that Hendry said he would own Bitcoin if it was accessible on a regular exchange. The value of the volatile online currency passed $1,000 per coin for the first time last week.

[Guest]

It's been a few months (I ran across an article mentioning the closing the other day) but he's closed up shop. Surprised his returns were still dismal even after turning bullish in 2013.

 

https://www.bloomberg.com/news/articles/2017-09-14/hugh-hendry-s-eclectica-fund-closes-after-15-years-amid-losses