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We spent a lot of time understanding what was actually in those [mortgage] pools. Almost no one had done that work.
investing— Bloomberg interview, 2009
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The largest peacetime accumulation of debt in world history is a debt that will require a restructuring.
sovereign-debt— Hayman Capital investor letter, 2011
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China's banking system is going to have a loss that is at least equal to the United States' loss during the global financial crisis, but proportionally much larger.
macro-investing— Hayman Capital China research letter, 2016
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If you read the prospectus — actually read it — you could see the loans were fraudulent. The ratings agencies didn't read them. The banks didn't read them. We did.
research— The Big Short documentary interview, 2010
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Geopolitics and financial markets are not separate things. They are the same thing operating on different timescales.
geopolitics— CNBC interview, 2020