(Bloomberg) Crispin Odey is fumbling around a storage room in a Georgian town house in London’s Mayfair district, home to Odey Asset Management LLP, his $7 billion hedge-fund firm.
Clattering through old computers, boxes of books and forgotten oil paintings that lent a genteel air to his offices, he’s fishing for the book that shows he was one of the earliest investors to spot the financial crisis, Bloomberg Markets will report in its February issue.
Odey emerges from the room brandishing “Crunch Time for Credit?,” a 250-page report he commissioned and had published in 2005 charting the emergence of a credit bubble and predicting a market collapse.
“See how terrible we are!” Odey says with undisguised sarcasm. “We were too early!”