Kyle Bass is one of the most reactionary investors in the world, some would even say he’s a desperate gambler, and he will take any small piece of information and run with it if it sounds good. He has done well for himself being reactionary and talking on TV about it. He often gives advice that is very bad for the people that listen to him, but he says it because it sounds good. That means that he is also susceptible to things that might be too good to be true.
The energy fund advice that might have been passed from T. Boone Pickens to Kyle Bass could have gotten Mr. Bass in trouble, but the problem is that he did not do any of his own research. He has his own hedge fund that is not managed that well, and it becomes much more of a problem because he will have to keep losing money every time he takes something at face value.
Kyle Bass often expects people to take things at face value because that is how he can stay on TV. He talks for the shock value, but he should not be using that same kind of information to invest his own money. To be sure, Kyle Bass has plenty of money to play with, but that does not mean that he can afford to keep doing these kinds of investments just because they sound good.
At worst, Kyle Bass is a bad example for anyone who is trying to become an investor. He jumps in too hard on investments that are just not good for him, and he often tells people to do the same thing. That can be a major issue for people who are trying to make money investing, and they could lose everything they have when taking bad advice on investments.