Found via Zero
Hedge. This took place last week. In response to a question about one investment for the next 10 yeas: "I would buy Gold in JPY and go to sleep... Sell JPY, Buy Gold, Go to sleep, and wake up ten years later and you'll be fine. Don't put all your money in it but that is the single best investment you can make today."
Link to video: Kyle Bass’ Presentation at Chicago Booth