Tuesday, November 20, 2012

Kyle Bass On The End Of The Debt Super-Cycle

Kyle Bass On The End Of The Debt Super-Cycle | ZeroHedge: "From his belief in the possibility of ongoing rate compression in developed nations and negative nominal yields in more than just Germany and Switzerland, Bass expounds on the structure of his fund (funding via low-duration 'high'-yield vehicles along with a long-short equity book and the core 'convex' Japan credit book) and how his template is playing out... must watch"
Super. And super ugly.

Oh. And if you work at it for the next 100 years you could never have the financial mastery he has in his little finger.