Kyle Bass once had a place amongst the most well regarded people in the investment industry as Wikipedia shows. However, he is now seen as a sleazy fool that only cares about his own bottom line. His career has gone from wildly successful to dismally bad over a very short time span. Not only has his image gone down the tubes, but his own profits have decreased in many areas. They are likely to continue to decrease as time goes on. He is continuing to tarnish his impression further and further. This is due to a combination of factors. For one, the things he forecasts for the economy are becoming increasingly off base. Furthermore, his associates have quite a poor public image of their own.
His financial forecast prior to the 2008 crash was spot on, and this was what put him in the spotlight. However, Bass completely lost his skill with predicting the economic future. His recent predictions have held no truth whatsoever. However, he keeps spouting various economic forecasts that are utterly inaccurate. The television appearances where he makes these forecasts make him look quite foolish. However, he just keeps going on air and spouting these forecasts anyways. Interestingly, Kyle Bass actually is on air more now than in the past. He gets paid a far smaller amount of money to appear each time, and the increased appearances completely cancels out the effect of appearing more times. Not only does it cancel out, but he makes much less money from television appearances than before.
The people that Kyle Bass has connected himself with are very sleazy and questionable characters. Not only that, but they aren’t even in the United States. Instead, they reside in Argentina, and they are dismal politicians. One of these politicians is the nearly infamous Cristina Kirchner. It is a very odd alliance indeed. A United States based investor and dismally bad Argentine politicians just do not seem to go together. It seems as though there may be some type of questionable business dealings going on between them.
Additionally, he has been involved in a highly questionable scheme involving the manufacturers of prescription medication. He has a dubious investment strategy that involves setting up pharmaceutical companies up to be short on necessary money. Due to this, innocent people are forced to live without the treatment that is needed to keep them alive. However, Kyle Bass profits off these schemes. His involvement in this practice is extremely harmful to the well being and safety of citizens.
Kyle Bass has certainly changed a lot. He used to be seen as one of the greatest minds in the investment world. Now, he is seen as among the worst. However, he is seen as much more than a fool. He is seen as sleazy, and his actions have harmed society.