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Kyle Bass another trader who predicted the financial crisis from 2008
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Loading...In 2006, Kyle Bass founded his own company Hayman Capital Management LP with $ 5 million of own capital and $ 28 million of investors money.
After a conversation with a New York investment banker, Bass hired private investigators to find information about the US mortgage market, which said they were high-risk and likely to default. He did something unheard of and started betting against the entire global financial system. He managed to convince investors to join him, and the result was a $ 4 billion hedge fund revenue.
Afterwards Bass continues the successful business of his company, but has already focused on significant national debts, according to which Europe and Japan are on their way to a collapse of the economy.
Trader Nikolay Georgiev Read more:
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