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Kyle Bass’s fund down 46% since 2013. This is what happens when you’re an idiot.

Summary:
I've spoken about this idiot many times in the past. (And commented on his idiotic calls.)This is what happens when you fundamentally don't understand how the  monetary system works.The guy's fund is down 46% since 2013. Not surprising.What surprises me is who gives this guy money to manage? BTW...the S&P is up 270% in the same period of time. And the average hedge fund way underperformed the market, not as bad as Bass, but well below the market's return.They all suck.Schiff probably the same.

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I've spoken about this idiot many times in the past. (And commented on his idiotic calls.)

This is what happens when you fundamentally don't understand how the  monetary system works.

The guy's fund is down 46% since 2013. Not surprising.

What surprises me is who gives this guy money to manage? BTW...the S&P is up 270% in the same period of time. And the average hedge fund way underperformed the market, not as bad as Bass, but well below the market's return.

They all suck.

Kyle Bass's fund down 46% since 2013. This is what happens when you're an idiot.

Schiff probably the same.



Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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