Quotations of the Week from Kyle Bass

From RealVision Interview with Kyle Bass of Hayman Capital Management, L.P. from late June 2016:

kyle bass
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My friend Dan Loeb says to me all the time

“There are no short-sellers on the Forbes 400 list, so be careful.”

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“Don’t (habitually) bet on Armageddon – it only happens once.”

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“To throw caution to the wind, and hope the central banks get it right from here is an out-sized risky proposition. It would be a breach of anyone’s fiduciary duty to do so.”

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“I have decided to take the big bet(s) and hedge the portfolio.”

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