Great thoughts here from Hugh Hendry, CEO of Eclectica Asset Management in London. He discusses the utility of hedge funds, how our anti-capitalist approach has broken the markets, the failure of government, why the banks have failed us all and why the markets must ultimately be allowed to decide our economic fate:
Source: BBC Newsvia Credit Writedowns
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.