Eclectica

12/1/2009 cnbc

people don't know whats happening in next 12 months
keeping flexible
liars or foolish

only game in town, buying gment bonds

euro face uphill task, flawed mechanism
spells trouble euro, german bonds

1974 110%, now 340%, will go lower over nex 20 years

believer in peak oil
exploitation very small now, 10 years shortfall

brown most bearish person on oil thats why bp

go for unleveraged parts of world, oil and agriculture

cantango, forward oil is $70, thats why tankers on oceans waituing for higher prices

eclectica

10/12/2008 cnbc

people exiting hedge funds even if successful

difficult to make rational decision making in equities

incentivised other people to tell rubbish

bonds in bubble territory now

big opps in tips?


commodities, i got wrong agriculture
devastated


get in on way up, get out going down