Crispin Odey (January 1959, British) is a London-based hedge fund manager and the founding partner of Odey Asset Management. In April 2011 the firm had $6.5 to $7 billion AUM.

He is “known for his bearish outlook” on the markets. Crispin Odey was born in East Yorkshire. He was educated at Harrow School and graduated from Christ Church, Oxford in 1980 with a degree in history and economics.

His mother was from the “prominent” Clitherow family. Soon after graduation, he found out that his father had huge debts, and the trustees made him responsible for Hotham Hall, a 4,000-acre estate that had been in his mother’s family since 1720.

After university he qualified as a barrister but instead joined Framlington fund managers, leaving to work for Barings International where he managed the Baring European Growth Trust.

Crispin Odey founded Odey Asset Management in 1991. George Soros was one of the original investors, seeding Odey $150 million. But his fund suffered large losses in 1994 when the Federal Reserve unexpectedly lifted interest rates (one of his funds lost 44 percent of its value) but went on to thrive.

According to the New York Times, Crispin Odey “came to prominence during the 2008 financial crisis when he shorted banking shares, a lucrative wager that helped him to earn almost 28 million pounds that year.” He also paid himself £28 million after successfully anticipating the credit crunch.

The Times newspaper selected Crispin Odey as a “Business Big Shot” in 2008.

In May 2010, Odey Asset Management formed a new investment management firm with Geneva’s Bruellan Wealth Management called Odey Bruellan.

On January 5, 2018, the New York Times reported that the value of Odey Asset Management had lost more than a fifth of its value in 2017, dropping around 20.5 percent.

Crispin Odey is the founding partner of Odey Asset Management.

In 2008 during the financial crisis he shorted banking shares, a lucrative wager that helped him to earn almost 28 million pounds that year!

INVESTMENT STYLE

Crispin Odey tends to be bearish nearly always. But his short bets on bonds and other assets inflated by recent loose monetary policy have so far failed to pay off.

On January 5, 2018, the New York Times reported that the value of Odey Asset Management had lost more than a fifth of its value in 2017, dropping around 20.5 percent

Investment styles need to adapt as opportunities change. Living in investment denial must be avoided – if an investment is not working, we won’t wait until it does. – Crispin Odey

LEARNING RESOURCES

See Crispin Odey’s interview “On Motivation & Generational Warfare”
“Money is never the driver, the driver is being allowed to be free.”

His fund has a bias for the Anglo-Saxon world. “The fund is about growing wealth but not taking too much risk” said Crispin Odey

The fund is about growing wealth but not taking too much risk – Crispin Odey

CONNECT WITH INVESTOR

Follow this World Top Investor via their various social media channels and read more about their background and current investment interests on their official website:

Crispin Odey
www.odey.com/

TRADING SOFTWARE

Dan Loeb targets Sony. Dan Loeb is an activist investor and founder of Third Point, which oversees about $14.5 billion in assets.

Last year the activist investor viewed Campbell soup as a bargain when Third point reported that the soup maker could fetch a takeover value of $52 to $58 per share.

A year later and the activist investor Dan Loeb targets Sony

Dan Loeb's activist hedge fund Third Point is raising an investment vehicle to generate between $500 million and $1 billion so it can continue to buy Sony shares, according to a recent report in Reuters.