Money and Finance
Kyle Bass Urges Texas Fund to Hold Gold Hedge
Kyle Bass, the Dallas hedge-fund manager, urged overseers of Texas (STOTX1)’s state university endowment, the second-largest U.S. college fund, to stick with a $1 billion investment in gold bullion even as the fund’s assets decline.
“I’m against selling any of the gold,” Bass said today at a meeting of fund directors in Austin, citing the need for a hedge against mounting risks driven by government deficits in the U.S. and Europe. “As every day goes by, I see deflation in the things you own and inflation in the things you need.”
-
An Interview With Kyle Bass
Found via ValueWalkand Meb Faber. This is Steve Drobny’s interview with Kyle Bass from his latest book, The New House of Money. I listened to Bass' October appearance on "Financial Sense" (HERE) during my lunchtime commute today, which was also...
-
Kyle Bass Bets On Full-blown Japan Crisis
Kyle Bass hopes he is wrong, and so may everyone else, as the danger predicted by the founder of Dallas-based Hayman Capital is nothing less than a full blown financial crisis in the world’s third-largest economy, Japan. While the hedge-fund trade of...
-
Kyle Bass’ Presentation At Chicago Booth
Found via Zero Hedge. This took place last week. In response to a question about one investment for the next 10 yeas: "I would buy Gold in JPY and go to sleep... Sell JPY, Buy Gold, Go to sleep, and wake up ten years later and you'll be fine. Don't...
-
Hayman Capital Letter: The Hidden Bank Run Across Europe - By Kyle Bass
Found via Zero Hedge. Link to: The Hidden Bank Run Across Europe - By Kyle Bass ....................Related previous posts:Kyle Bass on CNBCKyle Bass on BNNKyle Bass at AmeriCatalyst 2011A Conversation with Kyle Bass (September 2010)Hayman Capital Letter:...
-
Global Debt Bomb
Kyle Bass has bet the house against Japan--his own house, that is. The Dallas, Texas hedge fund manager (no relation to the famous Bass family of Fort Worth) is so convinced the Japanese government's profligate spending will drive the nation to the...
Money and Finance