Kyle Bass on Hardtalk about Europe, Japan and Hedge Funds

BBC’s Hardtalk recently featured Kyle Bass, Founder of Hayman Capital, a hedge fund based in Dallas, Texas to talk about global markets, asymmetric market bets and the sovereign debt crisis. Bass likes to make asymmetric bets to hedge his long portfolio of financial assets against black swan events and has made a considerable amount betting on the subprime mortgage and sovereign debt crises. His next bet is on Japan, based on demographics, interest rates, and its ability to service debt. People have been waiting for this bet to come due for over a decade, but Bass believes the time is now.

Video below (hat tip Paul Kedrosky)

Also see Bass in previous videos from February


Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College. Edward also writes a premium financial newsletter. Sign up here for a free trial.