Wednesday, February 16, 2011

Kyle Bass Interview And Letter

This afternoon Kyle Bass, Hayman Capital's managing partner, spent some time with CNBC on their Strategy Session show.

Bass became a household name when he bet huge against subprime bonds in 2007.

The interview is essentially a summary of his latest letter The Cognitive Dissonance Of It All, which explains his outlook on Japan, Europe, Muni-Bonds, and Stocks.

What I particularly enjoyed was his discussion on when the debt crisis would occur and how investors could tell it was close.

My view has been that the Eurozone sovereign debt crisis would move next toward Japan or the UK, and would finish with the United States.  Bass describes why he feels Japan will topple first:


 
And more from Bass on muni-bonds, Fed policy, and stocks:
 

No comments:

Post a Comment