Kyle Bass has been successfully added into your Personalized Guru List.
Kyle Bass has been removed from your Personalized Guru List.
Kyle Bass has been successfully added into Guru Email Alerts list.
Kyle Bass has been removed from Guru Email Alerts list.
Investor J. Kyle Bass is truly unique. What differentiates the principal of Hayman Advisors from other super investors? He’s politically connected but reportedly does not vote and does not read the local newspaper, according to D Magazine. Kyle Bass is also well known for his investment analysis of the subprime crisis and is reported to have made around a half a billion dollars betting against subprime CDOs at a time when very few people could understand what CDOs are.
Guru Kyle Bass first caught investors’ eyes when he made $500 million by shorting the housing bubble. In a recent interview with Bloomberg, Bass also indicates that 90% of his portfolio is actually long things such as structured mortgages, housing and U.S. stocks. The president and founder of Hyman Capital Management in Dallas bought one new stock, increased two of his current stocks, decreased one and sold out of six in the first quarter of 2013.
The founder of Hayman Advisors Kyle Bass made a fortune during the sub-prime crisis, and today he does not like Japan and likes structured mortgages, housing, gold and U.S. stocks. His U.S. portfolio contains eight stocks – one of them new. With seven stocks sold out, his portfolio had 47% quarter-over-quarter turnover and a value of $165 million.
Kyle Bass, founder of the Dallas-based hedge fund Hayman Advisors, has picked up two new stocks, GuruFocus Real Time Picks reports. They are: Dex One Corp. (DEXO) and SuperMedia Inc. (SPMD).
Unfortunately, we can't embed this video so you will have to follow the link below.