Hindsight Capital — The Director's Cut - btbirkett@gmail.com - Gmail

Hindsight Capital — The Director's Cut - btbirkett@gmail.com - Gmail



...Less widely remarked is that the countries of the northern periphery have fared well, buoyed by the low interest rates that the European Central Bank was forced to administer. An extreme north-versus-south stock market trade of long Latvia/short Cyprus made 8,443%. For those who call foul as those markets are tiny, Hindsight also offered long Denmark (which retains its own currency but ties it firmly to the euro) and short Greece. That would have made 730%.