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Kyle Bass: Japan Will Follow Europe with a Debt Crisis

May 11, 2012 | About:
Dheeraj Grover

Dheeraj Grover

18 followers
Kyle Bass of Hayman Capital was on CNBC to discuss how Japan's debt compares to the U.S. market, and where value exists.

He said, "Japan is about to join Europe in the debt crisis ranks, with the two regions offering the best opportunities for investors to bet against."

"Greece will circle the drain and be ungovernable in the next 30 to 60 days," said Bass, founder of Heyman Capital and famous for presciently shorting subprime mortgage bonds before the industry collapsed. "Japan is in the crosshairs of the market... I've never seen more mispriced optionality in my entire life."

Here is the video:

About the author:

Dheeraj Grover
I am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne

Rating: 3.3/5 (4 votes)

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