As I have been discussing for many years, Kyle Bass' performance as a fund manager has been miserable after he rose to fame by recording impressive gains in 2007 betting against sub-prime mortgage securities.
But Bass isn't alone. The post-crisis performance of each fund manager who profited from bets against sub-prime mortgage securities ranges from terrible to not so good.
Jewish Wall Street shill Michael Lewis has been celebrated as the go to author when it comes to anything and everything to do with Wall Street less enviable mechanisms.
So, why doesn't Lewis write a book about the horrendous post-crisis performance of these fund managers?
Because it wouldn't serve the interests of the financial media. which focuses its efforts on creating investment demi-gods in order to boost views. This represents the "Holy grail" for media crime bosses because it generates big advertisement money.
Lewis does what the financial media crime bosses want him to do which is to pretend to expose Wall Street. Lewis might actually be so naive and clueless that he has no idea what's going on. Based on his poor understanding of the financial crisis, I'd say this is a possibility. Either way, the reality is that Lewis is a gatekeeper for both Wall Street and his financial media tribesmen.
To reward Lewis for his loyalty to the Wall Street and financial media crime syndicate, the media religiously promotes Lewis as some kind of sage who is able to "break down and explain the complexities of Wall Street's inner workings" in what are in reality fictional disinformation books marketed as non-fiction.
Moreover, Hollywood stands ready to offer Lewis lucrative movie deals for writing his fluff books because he's doing what Wall Street wants. But this isn't all about rewarding Lewis. The media establishment wants the fictional renditions of actual events written by Lewis and other Wall Street shills to serve as recorded history. This is where Hollywood comes into play.
Due to the opaqueness and complexity of this facade, most people have no idea who really predicted the financial crisis and how Wall Street and the financial media continue to deceive and defraud investors.
Please watch the video below. It will reveal how and why Kyle Bass launched a fund to bet against the Hong Kong dollar.
Using up to 200-to-1 leverage, the fund lost 95%.
Even worse than the astounding losses suffered by Bass' fund, the source of capital for the fund was (allegedly) raised illegally and linked to convicted fraudster and Jewish leader of the Alt-Right movement, Steve Bannon.
Restrictions Against Reproduction: No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without the prior written permission of the copyright owner and the Publisher.
These articles and commentaries cannot be reposted or used in any publications for which there is any revenue generated directly or indirectly. These articles cannot be used to enhance the viewer appeal of any website, including any ad revenue on the website, other than those sites for which specific written permission has been granted. Any such violations are unlawful and violators will be prosecuted in accordance with these laws.
Article 19 of the United Nations' Universal Declaration of Human Rights: Everyone has the right to freedom of opinion and expression; this right includes freedom to hold opinions without interference and to seek, receive and impart information and ideas through any media and regardless of frontiers.
This publication (written, audio and video) represents the commentary and/or criticisms from Mike Stathis or other individuals affiliated with Mike Stathis or AVA Investment Analytics (referred to hereafter as the “author”). Therefore, the commentary and/or criticisms only serve as an opinion and therefore should not be taken to be factual representations, regardless of what might be stated in these commentaries/criticisms. There is always a possibility that the author has made one or more unintentional errors, misspoke, misinterpreted information, and/or excluded information which might have altered the commentary and/or criticisms. Hence, you are advised to conduct your own independent investigations so that you can form your own conclusions. We encourage the public to contact us if we have made any errors in statements or assumptions. We also encourage the public to contact us if we have left out relevant information which might alter our conclusions. We cannot promise a response, but we will consider all valid information.