Posted on 03/07/2024 11:03:39 PM PST by nickcarraway
A hedge fund tycoon wound up with a hearty helping of hot sauce splashed across his breakfast after he tried to blame an $85 tab — for room service at a five-star NYC hotel — on President Biden and inflation.
“Terrible Inflation milestone reached – My first $85 breakfast for one at a NYC hotel. After signing this bill, I have decided NEVER AGAIN,” Kyle Bass tweeted an hour after he ordered a tray of waffles, “heritage bacon,” orange juice and Diet Coke to his room. In addition to including “Biden” and “inflation” hashtags, Bass tagged Treasury Secretary Janet Yellen and the Federal Reserve in his tweet.
It is unclear exactly what hotel Bass was staying at, but internet sleuths quickly matched the menu with the famously swanky Carlyle and added a community note to the tweet.
(Excerpt) Read more at nypost.com ...
That's why I shun the five-star Carlyle and instead always stay at a swanky SIX-star hotel where I can have my freshly-made breakfast flown in by helicopter every morning.
Trust me, it's worth it!
"Heritage bacon," my ass! I eat nothing but "LEGACY bacon" and "ARTISANAL pork sausages."
Regards,
idc if the guy is the King of England.
Internet sleuths need to hunt down the bill from 2019 and see that it is 30% less.
Diet Coke for BREAKFAST???? Eeeew!
Kyle Bass from Hayman Capital is an absolutely brilliant man.
He saw the housing market collapse of 2007/2008 coming a mile away and positioned his clients’ money accordingly. They made beaucoup bucks as a result while others got wiped out.
He understands markets and global money flow better than almost anyone. His 3Q 2011 macroeconomic report was a must read for asset positioning.
He was the keynote speaker at Americatalyst in Austin 3 years in a row. Those speeches are available on YouTube. Three hours or more of brilliant analysis of not just what happened, but what will happen, and the games the Deep State plays...and this was in 2010 and 2011.
Kyle was MAGA before MAGA was a thing.
I enjoy interviews and podcasts he’s on, he’s been warning people about China and the policies for a long time.
For some people, even if you are insanely wealthy, paying $85 for a simple breakfast in NYC makes no sense when in Texas he can get the same thing for $5-10. IMO, those are the people to listen to when it comes to investing and the financial markets because they take notice of the smallest details.
I enjoy interviews and podcasts he’s on, he’s been warning people about China and the policies for a long time.
For some people, even if you are insanely wealthy, paying $85 for a simple breakfast in NYC makes no sense when in Texas he can get the same thing for $5-10. IMO, those are the people to listen to when it comes to investing and the financial markets because they take notice of the smallest details.
I worked for Washington Mutual Bank when it collapsed.
Everybody, from the mail room up knew the market was going to crash.
This guy is an a$$.
Friend who lives too close to the Sun Valley resort for MY comfort says that, according to service people she knows, the worst skinflints when it comes to paying for stuff are the richest.
My father in law owned 11 McDonalds that he bought in the 60’s and sold in the 90’s. He made multi millions. All of his clothing was from Walmart and he drove a 20 year old Buick. He always said...”save your pennies. They turn into dollars”.
Anyone who earns a million, learns to keep it. Anyone given a million, learns to spend it.
He’s going to see his taxes go up.
He just went on the list.
I tended bar at the fanciest schmanciest country club in town for about 10 years. The members would break a fingernail to pick a nickel up off the bar. I always said…that’s why they’re rich and I’m not.
He clearly doesn’t have the receipts.
/s
The spectacular crash, the sheer number of banks and brokers that went insolvent, says that everyone didn’t know.
And why is he an ass? For pointing out that inflation is hitting everywhere? Anyone who has bought groceries in the last 3 years has said the exact same thing.
He’s an ass for staying at a five star hotel, reading the menu, ordering room service, knowing the cost, then complaining about the bill.
So him pointing out inflation under Biden makes him an ass?
He has every right to complain knowing full well the same meal just a few years ago was half the price (even at swanky digs).
Micro impacts macro and vice versa.
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