Podcasts of the Week: Dalio, Bass, Gardner & Egan

By Jack M. Forehand — As I discussed in my Best Investing Podcasts article last week, podcasts have become a great source of investing knowledge for me. The format allows for conversations with much more depth than traditional mediums like TV and radio and I tend to learn at least one thing I didn’t know before from each episode. Given that there are many podcasts, and most people lack the time to listen to all of them, I will be featuring my favorite episodes each week here, in addition to some of my favorite episodes from the past via the […]

Hayman Capital’s Kyle Bass Predicts Oil Reversing from Surplus to Deficit in 2016

Kyle Bass, founder of Hayman Capital Management, predicts that current oversupply of oil will “go from a glut to a sudden deficit” in 2016. “If you’re going to allocate capital for the next three to five years,” he says, “you should do it now.” He predicts that U.S. oil output, for example, will fall by 1 million barrels per day over the coming year. Bass may be worth listening to, considering he was one of few hedge fund managers who bet against subprime-mortgages in 2007/2008. That contrarian bet at the time made Bass over $500 million in profits according to […]