Why This Hedge Fund Manager Skipped Gold And Bought Nickels

Kyle Bass is a world-famous hedge fund manager who predicted the 2008 financial collapse. He’s also the owner of 20 million nickels — those 5 cent pieces that most people would never associate with wealth.

Why does Kyle Bass own so many nickels?

Because he believes they are a safe, asymmetrical bet.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Sad NoCoiner

Sad NoCoiner

2.5K Followers

Providing you with detailed insights into long-term, buy-and-hold investment opportunities.