Salient to Investors:
Crispin Odey at Odey Asset Mgmt said the UK lacks leadership. Odey said history doesn’t allow precise identification of inflection points, but to ignore its lessons dooms one to repeat its mistakes.
Phil Irvine at PiRho Investment Consulting said the biggest risk is not to take a risk.
Read the full article at http://www.bloomberg.com/news/2013-01-07/crispin-odey-bets-on-banks-as-hedge-fund-yields-24-.html.
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