Kyle Bass speech

[Seraphim]

http://www.youtube.com/watch?v=JUc8-...ature=youtu.be

Fantastic.

This guy is a superstar. I'm glad there are young(ish) non boomers who truly grasp what is going on. As a young man, I'm glad there are people who will stand to plug the holes.

[Seraphim]

PS:

He states that the bottom of US housing is IN. Conveys that forclosures must still occur and problematic paper fully solved, but PRICES have bottomed.

[Seraphim]

Just finished watching.

Kyle Bass spoke to an ex Fed VP. The man said "we aren't looking at what QE3 will do - we are looking at what QE4, 5 and 6 will be."

[Adrock]

Pretty interesting. He doesn't seem to be pushing Gold as much as Schiff. Does anyone have any insight into the "Non-Agency RMBS" he recommends?

[cubical]

Pretty interesting. He doesn't seem to be pushing Gold as much as Schiff. Does anyone have any insight into the "Non-Agency RMBS" he recommends?

As to what they are, they are groups of mortgages that are not backed by freddie or fannie. On how to invest with them, you would have to have a lot of money and buy from a big bank.

[misean]

In case people haven't had enough of Kyle Bass, this is one of the more detailed critiques of Keynesian economics from a couple of weeks ago.

http://www.scribd.com/doc/113621307/Kyle-Bass

[cubical]

If I were rich enough, he would surely be managing some of my money. I wonder what the best way for small guys like us to bet against the Japan Bond Market would be. I suppose puts on the FXY might be the best way, not sure.

[ProvincialPeasant]

If I were rich enough, he would surely be managing some of my money. I wonder what the best way for small guys like us to bet against the Japan Bond Market would be. I suppose puts on the FXY might be the best way, not sure.

Pool your funds with friends and family and invest.

[Adrock]

Pool your funds with friends and family and invest.

They were asking for 1 Million minimum to invest.

[cubical]

nm