Monday, 31 October 2011

Kyle Bass @ AmeriCatalyst 2010 |

'Confessions of a Dangerous Mind'

Unfortunately, it is not embeddable, and the video is unlisted. Only those with the link can see it.
As Founder and Managing Partner of Hayman Advisors, LP, J. Kyle Bass has proven himself to be one of the most well respected hedge fund managers and forecasters in the global investment community. Renowned for his conviction as well as his investment savvy, Bass hit the headlines with his prescient trades in shorting the subprime mortgage market in 2007.
Behind the headlines was one of the most unique and rigorous investment methodologies ever used in mortgage-related investing. Since that time, Bass has been one of the most proactive investors in Washington and abroad, warning about unsustainable fiscal deficits poised to destabilize the global economy and markets with a magnitude similar to the 1930s.
Todd Groome and Toni Moss spoke with Kyle at AmeriCatalyst 2010 in Austin in September, asking him about his thoughts on prospects for housing market recovery, current policy issues and national debt implications, global debt imbalances and his perspectives on the influence of policy on the timing, sequence and magnitude of potential sovereign defaults and debt restructurings.

NOTE: This video has been on Vimeo since late 2010, early 2011. Now that YouTube accepts videos longer than 15 minutes, we're posting it here. Enjoy

  • Thanks for the video. Unfortunately, it cuts off at the end right when Kyle is about to get into something interesting. I'm dying to hear what he had to say right there!

    I hope you guys post Kyle's presentation / interview from AmeriCatalyst 2011.

  • @ChrysalisMusic you might want to check the vimeo version to see if it runs through to the end.

  • btw, youtube wouldn't let me post the vimeo link, so i'm attempting again stripping it down: vimeo . com / 18920437

Top Comments

  • Less than a thousand views.....

    Here is one of the smartest men on earth telling you that we will witness the end of the Western world in the next 3 - 4 years as we know it.

    Wake up people!

  • Make that the whole world.

    I love people like Kyle Bass.

    Brilliant, inquisitive mind focused on the being right.........

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All Comments (18)

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  • agree ... the lazy culture of greed and getting something for nothing is the root of our current maladies America and al the rest must get back to work living within their means protecting the environment and having simple cheap fun

  • @dink65

    I understand where you are coming from. However, step outside of your personal situation and look at the USA today. Kyle Bass is merely pointing out the depths that your politicians have taken your country spending money frivolously to "buy votes". He is going to make money out of this but that is beside the point. He is pointing out a coming car crash. Does that make him a bad person or a fortune teller? Fortune teller IMHO.

  • @amsterdam55 "He talks about Gov Revenue/GDP in USA being 16% and that being a problem. How so?"

    The host said "US govt debt to GDP" ratio is 94% and Kyle stopped him to say GDP is meaningless-- look at govt revenue instead...

    IOW, govt revenue being 1/6th of GDP, the ratio of "US govt debt to US govt revenue" is 6 x 94%-- i.e. the US govt owes around 6 times as much as it earns in a year.

    There isn't any single magic/right "debt vs GDP" ratio-- it all depends on the economic structure

  • Very, very interesting video and I hope someone will post 2011's edition.

    He talks about Gov Revenue/GDP in USA being 16% and that being a problem.

    How so?

    Greece has a Gov Rev/GDP of 40% yet?!?

    Anybody care to explain to me what is meant by that...

  • @alidcan - If he believed that, he wouldn't be focused on making obscene amounts of money, as he'd know money won't have any value and would try to find a place to hide with adequate food stores........

  • What you call benefits, are not that. These are contributions that most of us make under threat of incarceration by an agency that uses the force of the gun to collect, and corrupt prosecutors, and judges to enforce.

    If I had contributed my SS to the IRA that I run, I would be a very happy camper.

  • carrying a 7% - 8% expense.. that is Social Security and +++.. Yearly. Equates to someone is going to have to pay Taxes.. 8% costs of GDP when the lowest Tax Rate is 15% - 30%.. someone is NOT paying Taxes. The Tax Loopholes allow people to NOT! pay their fair share. We can afford to not live like animals, we can afford to lead the world in quality of life.. the Tax Loopholes will have to be closed.. a flat tax of 20%.. as well as sending 7 million jobs to china thru Copr. subsides?