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Need to Know: Kyle Bass says the big money has been made in bitcoin. This is where investors need to put cash next.

A hedge-fund manager who made winning bets on subprime loans back in 2007 isn’t too worried about a repeat of that crisis.

“I don’t believe we’re in a bubble today, as far as ratios are concerned and leverage in the system is a concern,” Kyle Bass, founder and chief investment officer of Hayman Capital Management, said in a weekend interview with the Investor’s Podcast Network.

That’s…

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