Kyle Bass on Building an Investment Thesis & China's Explosive Credit Growth (w/ Grant Williams)

[@EdwardAllenCanada]

I love that you put this online for us all, thx! (Any chance you can also add the “date recorded” to help set in its historical context properly please??? The only thing I can currently use is Kyle’s hairline!)

[@joshualessard02]

@ Edward Allen The date is in the top left corner of the interview it was July first 2016

[@EdwardAllenCanada]

@@joshualessard02 ahh yes! Thx, (hard to see on a cellphone)

[@JM-gu3tx]

Anybody know which mortgage insurance company Kyle was referring to? Thank you kindly in advance.

[@jgz2]

July 2016 airdate.

[@taylorcollins615]

Thank you

[@hershbatkin]

Wait, what happens when you say "you know what happens then"?

[@therasbull]

Kyle Bass!

[@alarmedmutant]

'nough said..!

[@assetallocation8697]

Love what he’s doing!

[@therasbull]

The guy is a literal genius

[@assetallocation8697]

There’re few outside China with the depth of economic understanding. I appreciate him being straightforward and having the courage to share. I wish he would share what his game plan is for the short term. I can’t find it but I understand what he won’t do. I would really appreciate knowing what he will be doing. We have major problems everywhere and I believe it’s waiting for the timing of real estate. I would love to know if he’s shorting again though.

[@therasbull]

I think he's still shorting the HK dollar

[@typhoon320i]

Correct me if I missed something but....... here we are almost 5 years later, and the Japanese bond market still has not crashed.

[@billpetersen298]

So, now what is Kyle’s view? This is interesting, to look back. But is there a new interview?

[@papabear90]

Kyle Bass' portfolio performance since 2013 is -48.6%. You're probably better off listening to your dog about investment advice.

[@darkhorseman8263]

I love your financial analysis, but I have to watch these videos on 1.5 or 2 speed.

[@omariwest9068]

1.25 for me

[@CaptainYesz]

I watch everything on YT 1.5-2x except maybe anything that's Shapiro speed

[@fooling6373]

Did any of these things' come true? I don't think so.

[@calvinyong4754]

really great interview

[@NickB786]

Kyle bass 2024

[@narwhaltacos2197]

Please post date in title. Amazing and informative interview, but I had a serious “VR motion sickness” moment at the end when bond rates were quoted! Nothing about this piece belied that it was filmed 4 1/2 years ago...until WHAM! right at the end.

[@narwhaltacos2197]

@@pmcguinness3041 That’s what people engaging in Virtual Reality experience when your brain believes something is real, but your real, experiential “reality” (i.e. your body) suddenly disbelieves it. A number of things can trigger it, and VR programmers have been learning to avoid certain elements in order to prevent it. For a layperson its the same as “motion sickness”, or a kind of existential nausea, where what I’m told is different than what I feel. FYI more snarky examples would be “cognitive dissonance”, “gaslighting”, “the media”, “politics”, “reported economic statistics”, “free markets”, “Reality TV”, “pop music”, “the Oscars”, “I’m only as old as I feel”....the list could literally go on and on in our contemporary world.... ;-) (Sry for the snark).

[@reinhardrinaldo350]

Thanks 👍, brilliant, not one second wasted!

[@phillipalexandercarr1462]

Hey, guys, this is exceptionally hi value content just now. Thanks for this interview

[@taylorcollins615]

When was this recorded?

[@sandymilne224]

I simply can not get enough of both these two inspiring gentlemen. I just wish they would give a hint on how to position for this China deval, and at what point to dive in, and to what? (Generally speaking not withstanding)

[@papabear90]

Listening to these guys you're probably going to lose all of your money

[@sandymilne224]

@@papabear90 : All my money never goes into just one investment, so not going to happen.

[@rolandrickperry208]

I just seems so bewildering throwing at a dartboard back in 2016 - literally - produced 5x returns, since.

[@cheninblanc8208]

old interview............

[@investmenttudor1659]

But still very valid

[@3joez3]

So...did it happen? How do we manage portfolios today?

[@Iseenoobpeoples]

​@@3joez3 Did you watch the video? He clearly tell you...

[@北港油漆宮]

Way to go, Kyle! Always 100% behind you. Stay safe!

[@JonnyMReck]

The Bass Master

[@electricwest]

When does this conversarion get reprised? Answer that and I will subscribe!

[@NonSmokersDK-te6tq]

Interesting post

[@analytic_panda]

Kyle is smart but he underestimated the power of CCP

[@CaptainYesz]

It's just timing. It's a multiyear bet

[@victorbocanegra4773]

Kyle bass the man!!!

[@ps5home]

This is 4.5 years old and he got China geo-economically wrong. An appreciating CNY will blow up his bets and investor money.

[@benetaue]

He quoted 30 year at 2.5 must be at least 14 months ago

[@shibbidydoowop]

2016

[@rybolov]

China: too big to fail. We've seen this script before.

[@douggodfrey6521]

I believe in the impossible & so should you .

[@trailerparksocrates1898]

Hey man... it's one thing to release things after their original air date. It's another thing to release them 4 years after original air date. Gimme a break!

[@RawandCookedVegan]

This is 2016. Interesting talk but a bit dated.

[@johnbauer5783]

The only way out? This has been the plan from the beginning

[@ahmatjanmamtimin8699]

Who is the Stan?

[@maqboolfida786]

$ vs Eur?? And I wouldn't write off $ vs INR either. Saudi, UAE, Japan, UK and so many others are lending India money to invest in its infrastructure and receiving back payments in INR. So there is a stead and rising demand for INRs. If not today, 10 years later I wouldn't bet against the INR.

[@LeaPustetto]

Your the man

[@phillipalexandercarr1462]

Correct sizing is 99.72% your flair in execution. A 30%

[@medmuckersmedia3185]

The last I checked, China's Banks are still standing, and the currency is strong.

[@liyexiang666]

Kyle is a poor man

[@CaptainYesz]

@@liyexiang666 CCP paid troll

[@dexlee7277]

Kyle is wrong about China

[@pohkhui]

This video was recorded in 2016. Now the world has changed dramatically

[@sov19871987]

China will have its own recession 100%. He will be talking about for 20 years and one year he will tell you "Told You". Anyways, I am long emerging markets

[@sov19871987]

@@dexlee7277 not sure about dying part and your pathetic comment, but I'll respond to you in a political way - "China's Virus"

[@dexlee7277]

Kyle is wrong on China about debt, about currency, about big picture, about politics.Kyle has been wrong on China for decades. But people like listening to him because people like dreaming

[@mizutofu]

@@dexlee7277 most people are wrong most of the time

[@somguy728]

The young Ricard had no ideas for his thesis so he went to the pub. Seeing double has it's benefits, and a thesis was born. Thinking that the average consumer adjusts his savings rate because of fiscal policy is the wackiest notion in economics. People ain't that smart.

[@cjfinance3829]

Old interview! Nothing to learn here.

[@jameslovering9158]

Agree with the below this is old news!

[@sarwarkhan1185]

I do not think Chinas Currency devalued especially against $ over the last several years, in fact it appreciated against $. this is no about credit at all times , I think Productivity has something to do with China economy rising at the same time their currency is rising. this happened in USA history when we took over great Britain as the largest producer. we are literally at a cliff and the federal Reserve will not stop to slow the process to buy us some time .

[@ivanyu1122]

I don’t think this guy understands China, he’s assessing China from western view, China does not have a debt problem.

[@matubalfaisal2600]

Why would you care about China debt 💸? Just mind the us debt 🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️

[@matthewlang7364]

You can’t post this video with referencing a recording date!!!!! 2016.....please, don’t play with us.

[@AnotherAnonymousFag]

It's in the top left of the ENTIRE video. Are you blind?

[@matthewlang7364]

@TheRealPadla my bad 😅!!!

[@MrZhending]

and 4 yrs later, USD vs Yuan at 1:6.5, lowest of recent 10+ yrs almost.....

[@kochindeweel3240]

False.

[@phillipalexandercarr1462]

Justin wise at cracking crypto is up with the hottest talent I’ve seen on position sizing btw. You sir are speaking his language

[@RichHamilton777]

The fact that you are airing this 2016 video as “new content” really hurts your credibility and reduces the likelihood that I will watch your videos in the future.

[@DolphLongedgreens]

Subscribe to their paid content if you want all new stuff.

[@method341]

pretty sure his annualised return is like 8%. Does this make him some sort of guru?

[@maddogmikeytv918]

guru? he has one of a mere handful who factually made money during the subprime crisis. beyond that he was basically alone in asking the question what would happen next and made his bet against on greece. he has a proven knack for seeing things others havn’t seen. if you simply want to look at returns and outcome and not the process, sure, anyone with a robin hood account who has bet on tesla is a total nobel laureate genious.

[@aphilippinesadventure9184]

Of course, as central banks increasingly cater to their political bosses, the disconnect between policy and the laws of economics as they might be observed by analysts can only increase. Politicians can tell the FED or other central banks, we can walk on water! Make it so. History tells us how that ends.

[@nina201123]

I cant stand him ,so obviuos he has own aganda !it might be that his been short HKD for years with no luck 😂

[@koma7778]

I agree. He just doesnt like ccp. But now its clouding his investing

[@Alexander-Bunyip]

Do we need a dweeb intro? No.

[@Alexander-Bunyip]

Do we need Raoul P adds? No

[@rynoculousflaviusmaximus6740]

If you think this guy knows China just take into consideration he can’t even say the president’s name properly...

[@sov19871987]

Dude, no one can