exiges Posted June 21, 2011 Share Posted June 21, 2011 Mods move to a better place if you like, but I found this amusing.. seems he was right on many things Quote Link to comment Share on other sites More sharing options...
LuckyOne Posted June 21, 2011 Share Posted June 21, 2011 Mods move to a better place if you like, but I found this amusing.. seems he was right on many things Brilliant. Thanks for posting. Quote Link to comment Share on other sites More sharing options...
endgame Posted June 21, 2011 Share Posted June 21, 2011 Mods move to a better place if you like, but I found this amusing.. seems he was right on many things Hugh Hendry has been wrong about gold for some time now, like realistbear. Liam Halligans views have proven to be more accurate. Quote Link to comment Share on other sites More sharing options...
@contradevian Posted June 21, 2011 Share Posted June 21, 2011 Good clips but I don't know what he's saying or proposing. Run a countries economy sensible (don't "cheat) and you have no need to fear speculators like him? Quote Link to comment Share on other sites More sharing options...
exiges Posted June 21, 2011 Author Share Posted June 21, 2011 Good clips but I don't know what he's saying The gist I got was that other "experts" were playing down the problems Greece was facing, and Hendry was trying to give them a wakeup call. Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted June 21, 2011 Share Posted June 21, 2011 Hugh Hendry has been wrong about gold for some time now, like realistbear. Liam Halligans views have proven to be more accurate. and right on practically everything else. I should know I have loads of dosh in his funds. Quote Link to comment Share on other sites More sharing options...
exiges Posted June 21, 2011 Author Share Posted June 21, 2011 and right on practically everything else. I should know I have loads of dosh in his funds. Looking at their prospectuseseseses their funds don't appear to have performed that well http://www.eclectica-am.com/fundlist.aspx?target=fundlist Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted June 21, 2011 Share Posted June 21, 2011 Looking at their prospectuseseseses their funds don't appear to have performed that well http://www.eclectica-am.com/fundlist.aspx?target=fundlist The Eclectica Fund went up 40% in Oct 08 alone. Its all about capital preservation in the intermediate term. In wealth management one does not care aboput what others are doing. One cares about what one's own wealth is doing. You chase the markets. Me, I'll do something different. Quote Link to comment Share on other sites More sharing options...
Georgia O'Keeffe Posted June 21, 2011 Share Posted June 21, 2011 (edited) The Eclectica Fund went up 40% in Oct 08 alone. Its all about capital preservation in the intermediate term. In wealth management one does not care aboput what others are doing. One cares about what one's own wealth is doing. You chase the markets. Me, I'll do something different. there seems to be alot on this site that are only interested in making money and if they dont its someone elses fault, the govt/manipulation/mary poppins, take your pick, personally i think youre quite correct, if people can get out of this decade with what they went into it with they'll in hindsight i think be more than happy and amongst a very small minority, its not really the right time in history to go skyreaching if you dont need to Edited June 21, 2011 by georgia o'keeffe Quote Link to comment Share on other sites More sharing options...
Si1 Posted June 21, 2011 Share Posted June 21, 2011 The Eclectica Fund went up 40% in Oct 08 alone. Its all about capital preservation in the intermediate term. In wealth management one does not care aboput what others are doing. One cares about what one's own wealth is doing. You chase the markets. Me, I'll do something different. i rate him and his approach, but his fees are very high (at least for mass availability funds), is there a way to get discounted fees on his funds? Quote Link to comment Share on other sites More sharing options...
exiges Posted June 21, 2011 Author Share Posted June 21, 2011 The Eclectica Fund went up 40% in Oct 08 alone. Its all about capital preservation in the intermediate term. The unauthorised fund ? There are no stats available to the public for that, but being profitable in a single year isn't enough, any fool can get lucky, what about the 3yrs since 2008 for that fund ? The three authorised funds are: +1% over 3yrs +11% over 5yrs +5% over 1yr You would have made significantly more than that buying a standard FTSE100 ETF Quote Link to comment Share on other sites More sharing options...
NuBrit Posted June 21, 2011 Share Posted June 21, 2011 The unauthorised fund ? There are no stats available to the public for that, but being profitable in a single year isn't enough, any fool can get lucky, what about the 3yrs since 2008 for that fund ? The three authorised funds are: +1% over 3yrs +11% over 5yrs +5% over 1yr You would have made significantly more than that buying a standard FTSE100 ETF That's the hedge fund performance. The blue line is his fund, the red line is his benchmark, in this case, the MCSI World Index. He is on record himself as saying that while he believes in the long-term future of things like agriculture, he thinks his hedge fund is the place to be right now. hth Quote Link to comment Share on other sites More sharing options...
South Lorne Posted June 21, 2011 Share Posted June 21, 2011 Mods move to a better place if you like, but I found this amusing.. seems he was right on many things ...HH makes the truth hurt in the right places.... Quote Link to comment Share on other sites More sharing options...
exiges Posted June 21, 2011 Author Share Posted June 21, 2011 (edited) Excluding that anomalous blip it doesn't appear any better than the other line. As I mentioned their other 3 funds are distinctly lack lustre, and certainly not convincing compared to other funds out there. The best way to make money out of funds like this is to be the fund manager. Edited June 21, 2011 by exiges Quote Link to comment Share on other sites More sharing options...
felix Posted July 2, 2011 Share Posted July 2, 2011 He has been kind of quiet as of late. I may not always agree with him, but do enjoy very much listening to his point of views. Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted July 2, 2011 Share Posted July 2, 2011 The unauthorised fund ? There are no stats available to the public for that, but being profitable in a single year isn't enough, any fool can get lucky, what about the 3yrs since 2008 for that fund ? The three authorised funds are: +1% over 3yrs +11% over 5yrs +5% over 1yr You would have made significantly more than that buying a standard FTSE100 ETF Yes, and as I say wealth management is not about the short term of 3 years. Note, he didn't lose money in 2008. Quote Link to comment Share on other sites More sharing options...
exiges Posted July 2, 2011 Author Share Posted July 2, 2011 Yes, and as I say wealth management is not about the short term of 3 years. I agree and I've yet to see any mid term or long term figures showing that his funds have performed better than buying high yield FTSE shares. Saying that he did well in a single year undermines your argument to value long term results Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted July 2, 2011 Share Posted July 2, 2011 I agree and I've yet to see any mid term or long term figures showing that his funds have performed better than buying high yield FTSE shares. Saying that he did well in a single year undermines your argument to value long term results You are assuming the FTSE can only go up medium long term... I prefer to preserve capital for the forseeable future rather than chase the FTSE Quote Link to comment Share on other sites More sharing options...
Democorruptcy Posted July 2, 2011 Share Posted July 2, 2011 Excluding that anomalous blip it doesn't appear any better than the other line. As I mentioned their other 3 funds are distinctly lack lustre, and certainly not convincing compared to other funds out there. The best way to make money out of funds like this is to be the fund manager. Just had a look at the staff http://www.eclectica-am.com/template.aspx?target=people The head of equity research has a degree in classics and the head of macro research used to be a premiership footballer. Quote Link to comment Share on other sites More sharing options...
@contradevian Posted July 2, 2011 Share Posted July 2, 2011 Just had a look at the staff http://www.eclectica...x?target=people The head of equity research has a degree in classics and the head of macro research used to be a premiership footballer. Eminently over qualified to stick a pin in the FT share page blindfold every day. Which I've no doubt is what they do and charge a fortune for it. Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted July 2, 2011 Share Posted July 2, 2011 I make money when something bad happens Quote Link to comment Share on other sites More sharing options...
exiges Posted July 3, 2011 Author Share Posted July 3, 2011 You are assuming the FTSE can only go up medium long term... I make no such assumptions. I was just comparing a relatively straightforward investment that requires no thought (investing in high yield FTSE) with the so called experts and found the experts results distinctly lacking. Other than doing well in one year for one fund you've not proven me wrong, Quote Link to comment Share on other sites More sharing options...
felix Posted July 8, 2011 Share Posted July 8, 2011 Nothing to get too excited about but at least he is still alive: Quote Link to comment Share on other sites More sharing options...
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