Hugh Hendry, of Eclectica Asset Management, takes the long view on investing at The Economist's Buttonwood Gathering on October 25th 2012. He was interviewed by The Economist's Philip Coggan.
I've met Hugh a couple of times and he is more thematic in his talks to the general public. I understand that his clients who pay his fees have asked him to rein back the public appearances. I think if I were a client and paying fees to him I would do so too and would not want him giving his investment ideas away for the price of a ticket.
He used to be a bit more open in terms of his economic views and investment ideas but as I said I think his clients who pay his fees don't want him giving away his insight for nothing. Yes you do have to wade through the, at times, flowery language but that's his style and it is, in my opinion, more thought provoking than the turgid output of fund managers and analysts from investment banks who probably have less "skin in the game" as Nassim Nicholas Taleb would put it.
I highly doubt he is giving away many of his funds investment ideas. I actually am curious about some of his economic viewpoints as it is always good to take in thoughts from outside the standard regurgitated "box". Its just that I don't understand his rationale, because of the endless opaque allegories he uses.
You like people that ramble endlessly and aimlessly while never making a point? Look, the guy hit a couple of big trades with dumb luck. Now people think he is an oracle. I guess if I start talking in circles using the word "profound" over and over and interjecting my little introspective and self-deprecating moments with a little smile Ill have a huge audience too then?
Have you seen Henry lately? With trucker hat, bleached hair, surfer bling, and skateboard? He is a World Class Poseur sprinkling his convo with irrelevant boasts and entered down Philosophy - this Flake eve called himself an Existentialist on this program - who cares!
Why is China's extra productive capacity such a bad thing? Couldn't China just start making widgets for it self rather than receiving devaluing paper from the US? Also, if the Yuan jumps up they could just buy up good assets around the world.
True, that is the reason I prefer to hold an appreciating currency. But the Chinese government does not want it. They want to keep China as a vast swathe of sweatshops where people keep working for peanuts and be grateful for it. You can never say what China does or wants, because you have to distinguish between Chinese citizens and their government. Once the common citizens become richer, they start to see things in richer nations, they will start demanding things the Chinese party government is not ready to grant.
There is just something about him that i like. It's hard to describe. He's just got something. An absolute legend.
Superb talk from a learned investor. Thankyou Hugh.
I've met Hugh a couple of times and he is more thematic in his talks to the general public. I understand that his clients who pay his fees have asked him to rein back the public appearances. I think if I were a client and paying fees to him I would do so too and would not want him giving his investment ideas away for the price of a ticket.
I think Hugh Hendry might might be a robot!!! Watch the handshake a the end of the clip. Hungh Hendry is too intelligent and well spoken to be human!!
He used to be a bit more open in terms of his economic views and investment ideas but as I said I think his clients who pay his fees don't want him giving away his insight for nothing. Yes you do have to wade through the, at times, flowery language but that's his style and it is, in my opinion, more thought provoking than the turgid output of fund managers and analysts from investment banks who probably have less "skin in the game" as Nassim Nicholas Taleb would put it.
He is a modern Paul Tudor Jones. Or Stanley Druckenmiller.
@ 11:00 👉 Hendry hits the nail on the head.
go Hugh!
I highly doubt he is giving away many of his funds investment ideas. I actually am curious about some of his economic viewpoints as it is always good to take in thoughts from outside the standard regurgitated "box". Its just that I don't understand his rationale, because of the endless opaque allegories he uses.
Touche...!!!
It seems like he's read a lot of Michael Pettis.
treasuries can be used for margin on futures...can buy gold, aluminium etc...sure its not news to hugh
Kind of like the Ron Paul of the hedge fund world, most know he's right, but not enough people invest in him...
c'est vrai
en garde... !!!
You like people that ramble endlessly and aimlessly while never making a point? Look, the guy hit a couple of big trades with dumb luck. Now people think he is an oracle. I guess if I start talking in circles using the word "profound" over and over and interjecting my little introspective and self-deprecating moments with a little smile Ill have a huge audience too then?
10yrs have past. Do you still feel the same?
@@SurferTy you think puppet has a youtube channel like hugh does or even been a guest on bloomberg lately?
@@sko1beer just poking fun. I’ve been following Druck for years. Hugh is on my list now.
Have you seen Henry lately? With trucker hat, bleached hair, surfer bling, and skateboard? He is a World Class Poseur sprinkling his convo with irrelevant boasts and entered down Philosophy - this Flake eve called himself an Existentialist on this program - who cares!
God is was never alive. He exists.
Why is China's extra productive capacity such a bad thing? Couldn't China just start making widgets for it self rather than receiving devaluing paper from the US? Also, if the Yuan jumps up they could just buy up good assets around the world.
True, that is the reason I prefer to hold an appreciating currency. But the Chinese government does not want it. They want to keep China as a vast swathe of sweatshops where people keep working for peanuts and be grateful for it. You can never say what China does or wants, because you have to distinguish between Chinese citizens and their government. Once the common citizens become richer, they start to see things in richer nations, they will start demanding things the Chinese party government is not ready to grant.
Why does every prol when they get some publicity have to go out of their way to throw some insult at religion and religious ppl? Very lowbrow.
more like hugn hendry is Not on investing anymore
Flake !