There have been two parts to the career of Kyle Bass. In the first part of his career, he was well respected as an investment expert. Investors around the world looked to him for advice on how to invest. He made appearances on television, and people tuned in closely to what he had to say. In the second part of his career, he has been consistently ruining his reputation in a variety of different ways. He has been saying things about the economy that don’t come true. He has spread word of these inaccurate forecasts on television stations all the time, but it’s not anywhere near as profitable for him as earlier in his career. Furthermore, he has been engaged in business practices that completely violate all ethical standards. In fact, his dubious practices have resulted in people dying, due to having no access to medical care.
Kyle Bass founded an organization, called Coalition For Affordable Drugs. However, this name that he chose couldn’t be any more deceptive. In effect, this organization ends up blocking access to drugs entirely for many people. This occurs, because the organization has a way of frequently refusing to patent manufacturers of medicines, for no good reason. When his organization does this, very large numbers of people can’t take their meds. Kyle Bass himself doesn’t deny that this organization is actually set up for his own personal profits, and he has directly admitted this. After the patents are denied, not only do people have no access to the treatments, but the drug companies find themselves struggling. Due to their financial struggles, their stocks are worth less money. Kyle Bass uses the low points in the stock prices to his advantage, and he buys large amounts of stock. Ultimately, the companies recover from the blow he has dealt them. When they do, he begins to profit.
Interestingly, there are a number of different connections Kyle Bass has that would surprise you. Kyle Bass resides in the United States, and he has resided in the United States his entire life. There are no documented reasons why he would have any interest whatsoever in Argentina’s politics. However, he has strong alignments with some of the country’s worst political leaders.