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Kyle Bass Tells CNBC "We Can't Just Soak the Rich"
Wednesday, October 5, 2011 - 12:39pm | 172Texan investor Kyle Bass appeared on CNBC on Wednesday afternoon and said that America's economy woes will not be solved simply by soaking the rich. “When you look at this from a bi-partisan position, or better yet a non-partisan position, revenues need to come up.” “This is something that I love...
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Top Ideas From Delivering Alpha
Thursday, September 15, 2011 - 11:41am | 1025Tyler Mathisen of CNBC hosted a panel yesterday at the CNBC/Institutional Investor "Delivering Alpha" conference with six of the brightest minds in the hedge fund world, and asked them for some of their best investment ideas. Up first was Kyle Bass from Hayman Capital, and his idea was to short...
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Kyle Bass: Investing In Short Term Credit, With Small Equity Bets
Wednesday, February 16, 2011 - 1:22pm | 122Kyle Bass, of Hayman Capital Management, is on CNBC and he continues to be bearish on the public debt markets, saying that rising interest rates will severely hurt the government's ability to pay back its debt, and the interest on this debt. He is saying that 2011 is going to be another very...
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Is Greece About To Go Belly Up?
Wednesday, October 27, 2010 - 12:27pm | 174Concerns are propping up again over whether Greece is about to default on its debt, despite receiving a bailout months ago. There are also concerns of a potential early election. The yield on 10-year Greek government debt is back up over 10%, hitting 10.37%. This is a 6.5% spread over the same...
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Kyle Bass On Macro Themes
Thursday, October 14, 2010 - 6:54pm | 560Benzinga is at the Value Investing Congress in New York and we had the opportunity to speak with Hayman Capital's Kyle Bass about some of the significant macro themes he sees on the horizon. Bass called for, and profited handsomely from, the subprime mortgage meltdown. With regard to the currency...
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Kyle Bass On Macro Themes
Thursday, October 14, 2010 - 6:54pm | 560Benzinga is at the Value Investing Congress in New York and we had the opportunity to speak with Hayman Capital's Kyle Bass about some of the significant macro themes he sees on the horizon. Bass called for, and profited handsomely from, the subprime mortgage meltdown. With regard to the currency...
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Kyle Bass Bearish on Debt Issues
Wednesday, October 13, 2010 - 11:33am | 193Kyle Bass spoke at the Value Investing Congress today, and was as bearish as one could possibly be about the sovereign debt issues happening around the world. Kyle Bass went on to say that the domestic labor outlook is extremely negative, as U6, which encompasses everyone without a job is around 17...
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Value Investing Congress: Kyle Bass Says Commodity Currencies Are Interesting
Wednesday, October 13, 2010 - 9:46am | 59Kyle Bass is speaking at the Value Investing Congress and said that he believes that the emerging market countries that are closely linked to commodities, such as Brazil, and Norway are interesting. He was particularly bullish on Brazil, which can be played using the iShares MSCI Brazil Index ETF (...
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Value Investing Congress: Kyle Bass Using Out Of Money Interest Rate Call Options On Japan
Wednesday, October 13, 2010 - 9:39am | 87Kyle Bass is speaking at the Value Investing Congress and said that he is using out of money interest rate call options as a way to play the Japanese default. Kyle Bass said the potential for this is 50 or 100 times its initial investment, should his thesis that Japan will ultimately default be...
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Value Investing Congress: Kyle Bass Says Japan Will Default
Wednesday, October 13, 2010 - 9:29am | 95Kyle Bass is speaking at the Value Investing Congress and he is saying that Japan will default on its sovereign debt. Kyle Bass believes it's only a matter of when, not if. Bass notes that debt servicing is going to exceed revenue. Bass notes that Japan's cash expenditures for social services are...
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Kyle Bass Uber-Bearish On Greece
Wednesday, October 13, 2010 - 9:24am | 49Kyle Bass is speaking at the Value Investing Congress, and is extremely bearish on Greece. Kyle Bass notes that Greece drew 3000% of its IMF availability, and that the IMF will never be repaid, and Greece will ultimately default. Bass notes that IMF loans have first lien over other loans.
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Kyle Bass Says Ireland Can't Solve Its Debt Problem
Wednesday, October 13, 2010 - 9:18am | 99Kyle Bass is speaking at the Value Investing Congress and is saying that Ireland can not hide its balance sheet issues, as it has 30-40 times the assets in the banking system, than it does debt. Kyle Bass says that Jean-Claude Trichet and Ben Bernanke have not been paying attention. He believes...
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Kyle Bass Bleak On Labor Outlook
Wednesday, October 13, 2010 - 9:08am | 122Kyle Bass is speaking at the Value Investing Congress and is saying that the participation in the labor market has collapsed. He is saying we are seeing a permanent job loss in the U.S., as well as other countries around the world. He believes a currency war will continue, as it appears one is...
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ZeroHedge: More Truth From Kyle Bass!
Thursday, October 7, 2010 - 12:10pm | 66Hayman Capital's Kyle Bass spoke with CNBC's David Faber yesterday from the Barefoot Economic Summit in LaRue, Texas. Bass will also be appearing on CNBC again today. This interview, like always with Bass, is terrific. This guy is very, very sharp. ZeroHedge provides the intro and Bass provides...
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An In Depth Look At The Value Investing Congress
Wednesday, October 6, 2010 - 4:10pm | 437The 2010 Value Investing Congress (VIC) is being held at the Marriott Marquis in New York City, next week, and I recently had a chance to speak with co-founders Whitney Tilson and John L. Schwartz M.D., about the conference. The VIC started as a result of Schwartz investing with Tilson at T2...