, Columnist
Brexiters Know a Bad Trade When They See One
Crispin Odey thinks Brexit will be canceled. He’s not alone.
Another golden opportunity?
Photographer: Harry Borden/Getty Images
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Capturing the mood of the public better than pollsters or politicians can win you big money. Prominent Brexit supporter Crispin Odey proved it when he correctly wagered that the U.K. would vote to leave the European Union.
It matters that the hedge fund manager now says he’s betting that the pound will rebound on the basis that Brexit won’t actually happen after all. It suggests that even Brexiters know a bad trade when they see one.