Hugh Hendry Quote: "We have reached a profound point in economic ..."

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We have reached a profound point in economic history where the truth is unpalatable to the political class - and that truth is that the scale and magnitude of the problem is larger than their ability to respond - and it terrifies them.
Hugh Hendry /
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We have reached a profound point in economic history where the truth is unpalatable to the political class - and that truth is that the scale and magnitude of the problem is larger than their ability to respond - and it terrifies them.
⇛ Hugh Hendry ()

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It is my contention that value does not mix so well with debt.

Hugh Hendry

I'd say 80% of my activity is engaged in the interpretation of social mood.

Hugh Hendry

I cannot look at myself in the mirror; everything I have believed in I have had to reject. This environment only makes sense through the prism of trends.

Hugh Hendry

I have resigned from the professional undertaking of coin flipping. I am not here to tell you where gold's going to be. I have no idea. That's my existentialism. I am a student of uncertainty, I have no idea where the stock market is going to be. So when I am creating trades in my portfolio for my clients, I am agnostic. I just want to enhance the probability that I make money come what may.

Hugh Hendry

I was very much a product of the public-school system. There was only one other kid in my class who had parents not involved in the stock market or law.

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There are many in public life who deserve only our praise and admiration. But there are too many who are products of a class that knows little other than spin and the machinations of politics. Little wonder that leadership of the transforming sort is so hard to come by. The danger is that this may be permanent. Where our best people shun politics because the profession isn't honoured as it once was, this only serves to make the profession even less honoured.