Kyle Bass is one of the most visible people on TV shows and radio talking about the economy, but he is still one of the worst people in his field for advice. He is dining off the fact that he was able to predict the loss of value in US loans, and but he is not helping people make any more money today than they had in the past. He has been negligent when it comes to the people who listen to him and trust him, and he has shown that he is not out for the common man.
The advice that Kyle Bass has been giving keeps changing based on what he thinks he can get the most out of today. He once said that the US and China economies would fall apart, and now it is not even halfway through the year and he is saying that the recession will be minor. He has an opinion on everything, and he is not consistent in his opinions at all.
Investing with people is very hard to do, and it means that the people who listen to Kyle Bass are in a bad position because they are not getting any advice that would make their lives easier. They are only learning that they would have to be very careful with their money, and they might not be able to pull their money out before it is all lost. The common investor who is listening to Kyle Bass is doomed to losses every year until they realize that he is not very good at his job at all.
There are people who are watching and listening to Kyle Bass as much as they can because they think that he is very honest. The reality is that he will say anything to stay in the spotlight, and he will keep doing this until he no longer has any money left. His hedge fund could fall apart at any minute, and he is still out there trying to be famous for something that he predicted eight years ago and the country has recovered from. His track record does not engender any confidence in people who know the economy. Read more on the story at the following link: https://usefulstooges.com/2015/08/24/kyle-bass-the-frantic-investments-of-a-desperate-gambler/