Hugh Hendry of Eclectica and Dr Francis Claessens of Peers
Posted by commoditywatch on November 1st, 2008
Hugh Hendry of Eclectica Asset Management tells us to buy bonds .
Francis Claessens of Peers tells us what the super rich have been doing wth their money.
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November 5th, 2008 at 6:34 pm
I must say Hugh Hendry both entertaining and insightful. Is he hiring?
November 8th, 2008 at 6:53 am
I can understand logic, whatever make sense. I can understand cycles which are part of nature we living in. This is the best interview I heard since long time, and the best with Hugh Hendry ever. Thank you both.
November 9th, 2008 at 10:26 pm
Hendry is what I call a real money manager and not the usual BS we hear in NOrth America.
Then again BSers are all over. Hendry is cautious which is good but the US stock market is a great buy if you have a 20 year horizon.
Dec 08 may be a low…but Apr 2009 is an important TIME. Poor Armstrong…brilliant but got shafted…as Zappa stated ” I don’t want to be drafted’ but he didn’t but he got “shafted.”
“Be greedy when people are fearful” and their are so many people fearful. The morons on Bay, Wall Street or wherever are a bunch of wazoos.
MAKING MONEY IS ALL PSYCHOLOGICAL. So as Hendry is cautious..which he has to be….His mind is controlling his instinct.
Buffet and for that matter and Templeton were excellent. Buffet has an uncanny mindset that 99.9999% of people don’t get. His way to wealth is Time and NSC. The Japanese market has been doing this for the last 18 years..NSC and downtrend. At some point in time this mkt is going to take off and repeat 1981 to 1989…KNOWBODY KNOWs WHEN, BUT ITS GOING TO HAPPEN. And if you are loading up on those stocks via dividend repurchase or buying at lower lows…..YOU CAN BE THE NEXT BUFFET.
I’m loading up (small time player).
My predictions beat all the million dollar gurus on Bay Street, but with no MBA and CFA…they don’t want to give me a chance….fools….blind leading the retail public blind. But I always yearn to learn from other “great” people with talent, Bensimon, Frisby, Zanger, Roberts, Johnson and there are a few more, but not too many.
Yes, astro cycles do play a role…but very, very few are good at it.
Gann and for that matter Pugh…gave us the ’simple’ rule to get Rich………….50%.
How is it those MBA, CFA, CTA’s all those educated people who NEVER HAVE TRADED ( LIKE ME DAYTRADED) get a chance to manage billions and lose Trillions….they never knew about the 50% Rule.
Frisby…..don’t be shy…I want you to do a show about your predictions.
AFter all, Zanger a pool contractor became the best stock trader the world has ever seen ( in modern day history)….Beat all those pompous Wall Street idiots…….Frisby you probably are the same…
GN Socrates
November 10th, 2008 at 6:17 pm
To be fair you seem a bit cranky. Its one thing to be good a managing money but you also have to convince other people to let you manage theirs. I would keep schtum about the astrology part.
November 10th, 2008 at 9:38 pm
I meant Frisby you are probably the same…..as Zanger.
So don’t be shy.
Do get Bensimon on more often and yes I like Hampton to. Markus Rose aint to bad either…astrology and try to get Ruth Miller and Bonnie Lee Hill on.
You stated some gurus on cycles are terrible…can you send me an email so I can avoid them!!
Cheers.
Socrates