Right, I can see that both yourself and GoC are fans of Kyle Bass, so this is my response to GoC as well as yourself... Firstly, my comment wasn't ad hominem. I have nothing against Kyle Bass specifically. I have a problem generally with people who go on TV and tell stories. This includes Hugh Hendry, Tilson, Bass, Einhorn, etc. They have a strategy which, while effective, I can't have any respect for. As to the substance of what Kyle Bass is saying, I would be happy to present you with a more detailed critique later on today. And no, this certainly wasn't my most ignorant and sloppy post. That honor belongs to the posts I have made last night about the Eurozone.
Here is a good list of CDS quotes on the Bloomberg web page, both corporate and sovereign: http://www.distressedvolatility.com/2010/07/nice-to-see-cds-quotes-credit-default.html
Well those comments last night were just a case of getting some numbers mixed up. Your dislike of a guy like Bass seems to have more to do with the message he is delivering? I too have an issue with publicity hounds, but mostly with publicity hounds whose genius lies not in managing money, but in getting on TV a lot (cough, Tilson, cough) and sounding like they know what the fukc they're talking about.
Not at all... I don't mind Bass specifically at all, as I have said. I don't even have a problem with his message, even though, as I said, I will be able to adress it more meaningfully later. What I do have a problem with is people like Kyle Bass etc, who are on TV to tell a story. I just don't see why you think Bass is any better (or worse) than Tilson.
I dunno. Maybe because he makes money for his investors. Maybe because he's helped me make money. I mean, WTF, that's what we're here for. I await, with bated breath, your detailed critique of his thesis. Do get your number right this time, please.
Well, I thought Tilson used to make money for his investors, but what do I know. And yes, I will try to get my numbers right this time. Huh? What's this for? What's your issue?