Kyle Bass, a hedge fund manager who predicted the housing crash (as did some others) even as Ben Bernanke was repeating "no housing bubble ... subprime is contained ... no recession," is en fuego.
Here's his February 2011 investor letter, a must read.
And no sooner had I cleaned myself up after reading the investor letter, than K-Bass was on CNBC this morning throwing pearls before swine:
Europe's Day of Reckoning.
A hard rain's a-gonna fall.
UPDATE: Edited to remove the guy's name. I hope nobody harasses him or his employer. He was good-natured and his sign was innocuous a...
Gavin Newsom's insane new executive order commands Californians to stay in their homes "until further notice" "except as...
This is just pathetic. WSJ : Gold is, in fact, a poor hedge against inflation. Accounting for changes in the cost of living, gold has re...