According to some, investor Kyle Bass is someone that most people need to pay attention to. According to others, he is nothing more than an opportunist who is willing to take advantage of other people when they are at the worst point of their lives. The truth is, he is probably somewhere in the middle. Despite that fact, he has definitely made some amazing predictions while simultaneously doing some rather astonishingly terrible things. Both of these things have caused him to receive plenty of attention and it has not always been the type of attention that most people want to receive.
According to the website CNBC, Kyle Bass is an individual that is capable of doing some truly great things in the business world. After all, he founded Hayman Capital in 2006, a hedge fund that was supposed to take things to the next level. He even correctly mentioned that the housing bubble would burst a couple of years later. This is what really caused most people to start paying attention to him in the first place. Unfortunately, he has thus far been unable to duplicate his success with that initial prediction. Instead, he has made one prediction after another that has not come true and he has proven to be rather inaccurate with many of his thought processes when it comes to the business world.
According to the website UsefulStooges, Bass has done far more than get a lot of things wrong. He has also found himself in a situation, or perhaps created that situation for himself, where he is repeatedly found doing unsavory things for profit. Many people accuse him of being involved in the dramatic markup of essential medications that people must take to stave off terminal illnesses, causing the cost to go up to the point that no one can afford them. The biggest problem is that according to the article, Bass is making a profit from doing exactly that. Furthermore, he seems to be employing the same types of business practices in virtually every other avenue as a means of making money.
The website goes on to say that Bass not only possesses little in the way of business skills, but that he also tries to make up for that by making his money at the expense of other individuals who have little or no control over his actions. These are serious allegations, to say the least. When it is all said and done, no one really knows whether or not he and his company will survive but the scariest part is that innocent people seem to be suffering at his hand in the meantime.
Business is a slippery slope and at times, it can become so difficult, so convoluted that it becomes difficult to understand who is on the side of right and who is on the side of wrong. To be perfectly honest, it becomes difficult to tell whether or not there even is a distinct side or if everything really falls into a very grey area. Perhaps this is where Bass has landed.