Hugh Hendry Is Back - Full Eclectica Letterby Tyler Durden
May. 01, 2012
Anti-Trump Lib Called A 'White B*tch,' Robbed For Being A 'Trump Supporter'
Philly City Council Approves Bill Banning Bulletproof Glass From Shops
CNN Staff Heard Cheering Behind The Scenes As Doug Jones Took Lead Over Roy Moore
German TV Show Finds 'Merkel Blocks' Stop Nothing
'Pay Us': Black Women Request Payment For Helping Doug Jones Win Alabama Election
Hugh Hendry is back with a bang after a two year hiatus with what so many have been clamoring for, for so long - another must read letter from one of the true (if completely unsung) visionary investors of our time: "I have not written to you at any great length since the winter of 2010. This is largely because not much has happened to change our views. We still see the global economy as grotesquely distorted by the presence of fixed exchange rates, the unraveling of which is creating financial anarchy, just as it did in the 1920s and 1930s. Back then the relevant fixes were around the gold standard. Today it is the dual fixed pricing regimes of the euro countries and of the dollar/renminbi peg."