Kyle Bass & John Burbank

Published on
March 6th, 2015
54 minutes

Kyle Bass & John Burbank

The Chain ·
Featuring John Burbank

Published on: March 6th, 2015 • Duration: 54 minutes

The highly-anticipated second link in The Chain sees Kyle Bass interview John Burbank of Passport Capital. In this riveting conversation, John discusses spotting the "signal events" that make real money, his criteria for sizing positions, and the creative mindset needed to perceive "what could be that isn't now."


  • BF
    Brad F.
    12 August 2019 @ 12:54
    Would be interesting to get John back to reflect on the last 5 years especially as he reference 2019 specifically. Great interview.
    • SG
      Stuart G.
      18 July 2020 @ 04:21
      Agreed, seems like John is a really smart guy. But he shut his flashship hedge fund at the end of of 2017 after "unacceptable" returns that caused him to "rethink how to manage money" in this environment.
  • PM
    Philip M.
    28 September 2019 @ 10:21
    33:00 Mark ended up being 100% accurate three years later.
  • MH
    Mark H.
    25 June 2019 @ 11:22
    That interview justified my yearly subscription, Straight shooting legend man.
  • SL
    Seth L.
    6 September 2017 @ 19:15
    Real Vision folks, please let John know know that I would gladly walk away from my current investment job to take an unpaid internship role with him. I'd give a lot to learn from the likes of him.
  • RM
    Russell M.
    11 August 2016 @ 14:39
    Recommend nike moisture wicking golf shirt.
  • OB
    Omar B.
    8 August 2016 @ 21:35
    classic soros reflexive
  • BL
    Brian L.
    30 March 2016 @ 23:09
    I do wonder about one thing that John said. That policy really doesnt matter?. Perhaps usually but it seems that we are in a unique times, ie Sanders and Trump. Civil unrest potential is real.
  • JL
    Jordan L.
    16 March 2016 @ 15:07
    John Burbank is one of the top minds in finance in the world today. Passport Capital Special Opp Fund is in the top returning funds of 2016. Burbank is in a highly elite group.
  • DD
    Derek D.
    22 February 2016 @ 22:11
    Nobody's offered either of these two to work for free? Hell I'd pay tuition.
  • BH
    Brian H.
    13 February 2016 @ 01:05
    Key takeaway for me.... Price is a liar; as well as the word Liquidity. Something I will certainly dive deeper into.
  • LB
    Lisa B.
    13 January 2016 @ 02:49
  • MA
    Melanie A.
    6 September 2015 @ 22:12
    Really insightful and interesting to hear his view on the human capital element. Liked Kyle's interview questions/style too.
  • AH
    Andreas H.
    6 September 2015 @ 12:40
    Super Interview, Positioned myself the same way, Short VWO, long small growth caps...
  • NS
    Nico S.
    15 March 2015 @ 14:23
    I love the way he thinks. "Off-the grid" thinking makes all the sense in the world. Why is everyone so fixated on the "wall street" way of thinking and the talent that exists in that microcosm. ????
  • BH
    Ben H.
    12 March 2015 @ 10:13
    Is there such a thing as an alpha hedge?
  • CY
    C Y.
    11 March 2015 @ 19:09
    Absolutely mind blowing. I love the idea of the 5 year look back and then realizing how little we know about the world ahead of us. Incredible.
  • GT
    Graham T.
    9 March 2015 @ 18:10
    wouldn't it be ironic if both the USA , with all its positive characteristics ,does "win" and earnings explode but that the S&P makes no prgress
  • KB
    Keith B.
    9 March 2015 @ 01:04
    Sorry, one more thought. Please add the date of interview upfront Thanks
  • KB
    Keith B.
    9 March 2015 @ 01:03
    I love hearing everything he had to say. An inspiration for people who want to find their own passion and for those in the investment business, a model for critical thinking and learning Thank you
  • JK
    Jon K.
    7 March 2015 @ 23:00
    If he says companies in the US are going multi-national - that is going to be pretty tough with a strong dollar environment. $CAT proves that.
  • MR
    7 March 2015 @ 22:10
    Bass is unquestionably an phenomenal investor, but a terrible interviewer. The Chain is a great concept but depends on the interviewer’s ability to conduct an interview with the audience in mind
  • MR
    7 March 2015 @ 22:01
    The lag between the actual interview and when it’s available for viewing is a major issue. It would help if the date of interview was disclosed.
  • SG
    Scott G.
    7 March 2015 @ 19:43
    Great interview Kyle and thanks John
  • SG
    Scott G.
    7 March 2015 @ 19:41
    Mark my words QE is not over surprised to hear john and Kyle think and investing as such
  • AB
    Alain B.
    7 March 2015 @ 12:33
    Winner takes all in innovation is a good angle, thank you. Lots of copy cats in Asia but agree that the US has realised it needed to adapt after the GFC and its best asset is innovation.
  • JG
    Jerome G.
    7 March 2015 @ 05:00
    Oops. did not see previous comments. thanks Millie.
  • JG
    Jerome G.
    7 March 2015 @ 04:58
    When was this recorded because they talked about oil at 80?
  • BL
    Bruce L.
    6 March 2015 @ 22:45
    "price is just a reflection of current liquidity" watch out EM bonds
  • RG
    Rajiv G.
    6 March 2015 @ 21:51
    Absolutely excellent....however it would be really good if there was not such a time lag between interview and when subscribers get to view.
  • dm
    dan m.
    6 March 2015 @ 21:28
  • EL
    Elizabeth L.
    6 March 2015 @ 19:24
    Listening to this discussion absent preconceived wants, has allowed my mind to be flooded with insights into my investing mind, into new ways to think about global markets & portfolio management.
  • TJ
    Terry J.
    6 March 2015 @ 19:05
    Phenomenal interview full of so many thought provoking insights. Simply brilliant.
  • MM
    Milly M.
    6 March 2015 @ 17:56
    Richard, if you press the 'I' icon of the video you'll find the date the video was filmed. This one was filmed on Oct. 31, 2014.
  • KS
    Kashyap S.
    6 March 2015 @ 17:11
    The last 8 mins was the best part, where he spoke about his philosophy and how it tied in with his investing. Only thing missing was a view on currencies.
  • RF
    Richard F.
    6 March 2015 @ 16:40
    RVTV- is there a way that you can date when the interviews take place - not just the date published. This interview may have been in Oct. 2014. When he talks about Feb. I assume he means 2014- not 15?
  • NP
    Nirav P.
    6 March 2015 @ 15:58
    Excellent !! Smooth flowing conversation...!!