Kyle Bass is continuing his streak of bad advice by telling people that they can learn what central banks are doing if they watch them closely enough. Kyle Bass was right about the financial crisis in 2008, but he was not right about many other things after that. He has been gambling with other people’s money for a long time, and he is sharing information that is nearly impossible for most people to use.
The idea behind his latest prediction is that people are going to be able to watch central banks and essentially handicap them to figure out what they are going to do. The problem is that central banks cannot be predicted like that, and people who are investing in other parts of the world are not going to be able to guess what a central bank will do. They cannot spend their money based on an unreliable prediction, but they cannot avoid all investments altogether.
The investments that most people make need to be easier to manage, and they need to avoid all the complicated things that Kyle Bass wants them to do. There is no reason to go after drug companies for patents or assume that an economy is going to explode soon. People who have the best results in their own investments are very moderated, but Kyle Bass is not moderated at all. He does not watch what he says, and assuming that the average investor can understand macroeconomics is irresponsible.
He is not watching over his own hedge fund, and he is making the hedge fund a much harder place for people to make money. It looks like he is believing a lot of his own hype, and that is making it even harder for him to be believable. He is not telling people something that is going to make them money, but he might be taking his own advice as he sees his hedge fund slowly decline in value. The gambling persona that Kyle Bass has is not helpful for anyone, and he is not giving people the best advice they can get for their money. There’s more to the story at the following link: https://usefulstooges.com/2015/08/24/kyle-bass-the-frantic-investments-of-a-desperate-gambler/