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Hugh Hendry’s Extraordinary Journey

Real Vision: Finance & Investing

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How to Insure a Million Dollars of Mortgage Risk

Aussie interest rates in two thousand and 12 were like five. You could insure a million dollars of mortgage us, mortgage risk, for the paltry sum of two thousand dollars. So part of the trade was, was taking that on ye we were a we were receiving not lose. A hundred million dollar fund that would have made a billion dollars if it come to pass, it didn't come to pass. I'm proud. My ovre was time. And i gan just as a function of who i was as an investor. As i've described myself in many ridiculous terramps, but more than anything else, i was a time investor.

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