That's a very good point.
Kyle Bass Warns "All Hell Is About To Break Loose" In China
- Thread starter Nighthawk
- Start date
That's a very good point.
This reminds me of a fable I learnt as a child, "shepherd who cried wolf". He has cried wolf so many times that eventually when he gets it right no one will believe him...
Liars are not believed even when they speak the truth. A shepherd-boy, who watched a flock of sheep near a village, brought out thevillagersthree or four times by crying out, “Wolf! Wolf!” and when his neighbors came to help him, laughed at them for their pains. The Wolf, however, did truly come at last.
i would be the first to say that I am often wrong, so maybe that is something me and Kyle Bass have in common. However, the difference between us is that I very rarely make grand pronouncements about the shape of things to come.Marty, you can say that about anyone. Yourself included.
Hmm....now....I wouldn't say that Marty....I see to remember a few grand pronouncements from you regarding Trump...Inflation....GS.....Banks....
Marty, you know I love your commentary. But you are not shy about putting your predictions out there. And please, keep em coming. I'm not saying this to stop you. I enjoy it dearly.
I don't recall making any pronouncements about inflation. Trump, banks and Goldies, in particular, yes..Hmm....now....I wouldn't say that Marty....I see to remember a few grand pronouncements from you regarding Trump...Inflation....GS.....Banks....
Marty, you know I love your commentary. But you are not shy about putting your predictions out there. And please, keep em coming. I'm not saying this to stop you. I enjoy it dearly.
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Dont know him personally,Nighthawk ,but i think K Bass is a good shot. In investments or 2nd amendment?? Yes; both.
Even though markets are not about prediction, if it were ,one investor could easily take over the world. If you had to pick one month for a stock sell off it could be May or SEPT; not a prediction.S& P, SPY, QQQ..... are still up trending; DIA looks like a sell , went thru 50 day moving average more than the SPY,QQQ.
Dallas Morning News has an interesting article about his[ K Bass] investor group is selling a 2,500 AC ranch, 70 minutes form Dallas TX.[Estimated sale price 50-100 million??]
By the way,Ray Dalio/Bridgewater noted as younger man he was surprised how the US stock market went up during the Mexican crisis years ago.[Jack Schwager Top Trader/hedge fund book].Not a prediction; thanks.
I wish I can be a one-hit wonder like him.
I don't know, talk is cheap. I just don't see his conviction. If he really believed in this, why talk, did he do what Michael Burry did during the subprime crisis or George Soros during the Bank of England currency crisis?
Kyle Bass bought credit default swaps during the sub-prime crises and made about 500 million.I don't know, talk is cheap. I just don't see his conviction. If he really believed in this, why talk, did he do what Michael Burry did during the subprime crisis or George Soros during the Bank of England currency crisis?