{"id":61949,"date":"2018-01-24T00:39:59","date_gmt":"2018-01-24T05:39:59","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=61949"},"modified":"2018-01-24T00:39:59","modified_gmt":"2018-01-24T05:39:59","slug":"zombies-torment-a-hedge-fund-titan","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2018\/zombies-torment-a-hedge-fund-titan.html","title":{"rendered":"Zombies Torment a Hedge Fund Titan"},"content":{"rendered":"<p>(Bloomberg) Out of the mouths of babes and sucklings, wisdom can sometimes be heard. The same applies to money-losing hedge-fund managers.   In his most recent letter to his long-suffering investors, Crispin Odey accuses banks of keeping unprofitable companies alive by sprinkling them with the &#8220;fairy dust&#8221; of easy finance. His track record in the past few years &#8212; his European long-short equity fund lost more than 20 percent last year, after declining by almost 50 percent in 2016 &#8212; might lead some to dismiss his comments as sour grapes.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/gadfly\/articles\/2018-01-23\/crispin-odey-s-complaint-of-zombies-and-fairy-dust-has-a-point\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Out of the mouths of babes and sucklings, wisdom can sometimes be heard. The same applies to money-losing hedge-fund managers. In his most recent letter to his long-suffering investors, Crispin Odey accuses banks of keeping unprofitable companies alive by [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-61949","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/61949","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=61949"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/61949\/revisions"}],"predecessor-version":[{"id":61952,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/61949\/revisions\/61952"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=61949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=61949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=61949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}