Kyle Bass

Japan Is Never Going To Default, And The Kyle Bass Trade Will Be A Disaster – Business Insider

by

Kyle Bass’s Most Famous Trade Is A Disaster, And It Is Never Going To Work Out Joe Weisenthal | May 20, 2012, 6:42 AM | 23,775 |   Kyle Bass was one of the handful of hedge funders who made a fortune betting against housing during the subprime bust, and since then hes been stalking his next big “career trade.”For years now, his big target has been Japan, a country with a debt-to-GDP ratio of over 200% and a shrinking/aging population. Hes convinced that its only a matter of time before the country implodes in a massive sovereign debt crisis … Read more

Einhorn Ends 2011 Just Over +2%, Closes FSLR Short, Warns On Asia, Mocks “Lather. Rinse. Repeat” Broken Markets

by

Anyone wondering why FSLR just jumped, it is because as was just made known, David Einhorn’s Greenlight has decided to close its FSLR position, after bleeding that particular corpse dry. “Our largest winner by far was our short of First Solar (FSLR) which fell from $130.14 to $33.76 paper share and was the worst performing stock in the S&P 500.” Einhorn also announces that he was among the “evil” hedge funds who dared to provide market clearing transparency and buy CDS on insolvent European governments: “We also did well investing in various credit default swaps on European sovereign debt.” As … Read more

For Europe, Only Way Out Is to Break Up: Kyle Bass – Yahoo! Finance

by

For Europe, Only Way Out Is to Break Up: Kyle Bass CNBC – 47 minutes ago   With no workable solutions in sight and a sovereign debt crisis only likely to get worse, the European Union is likely to see an ultimate breakup, widely followed hedge fund executive Kyle Bass told CNBC. Bass, the managing partner at Hayman Capital Management famous for making huge sums from the collapse of the subprime mortgage industry, said last week’s EU summit produced “a blank piece of paper” on which “there are no details,” causing him to conclude, “It won’t work.” via For Europe, Only Way … Read more

So, you know what Kyle Bass says, what does he do? Hayman Capital 13 F

by

Maybe I just don’t get it but did Bass bet $577 million of the fund’s $739 million in assets on a put position on the SPDR 500 ETF? Please somebody set me straight. He could have some horrific performance the 4th qtr if the market doesn’t collapse in the next three weeks. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 ——- Form 13F Information Table Entry Total: 12 ——- Form 13F Information Table Value Total: 739,190 (thousands) ——- List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of … Read more

Seeking Alpha- I wish I could have been there

by

But this is the next best thing without having to be body searched and fly with the public in a cramped aluminum can. CNBC’s Tyler Mathisen talks to six power players to get their best ideas for investing right now, featuring Kyle Bass, Hayman Advisors LP founder and principal; Leon G. Cooperman, Omega Advisors chairman and CEO; Philip Falcone, Harbinger Capital Investments founder; J. Tomilson Hill, Blackstone Marketable Alternative Asset Management CEO; Daniel S. Loeb, Third Point LLC founder and CEO; Anne B. Popkin, Symphony Asset Management president.