Looking through a kaleidoscope of facts about J. Kyle Bass, this guru quickly takes on a colorful and larger-than-life mythos. Hailing from the big-thinking state of Texas, Bass is often described as a big dreamer with a studious and practical streak. His career blossomed almost overnight when he reportedly made around a half a billion dollars betting against subprime CDOs in 2007. Bass comes across as a visionary who asks why not instead of why. He told CNBC that he likes to reduce email time and cut out the noise by learning about world markets through symbiotic relationships with friends like Alan Fournier and other billionaires. Every year Bass invites his notable friends to his ranch in Larue, Texas, for a special event called The Barefoot Economic Summit, Texas (BEST). Bass said he learns more in two days of the summit than in two months of emails.
Kyle Bass is the managing member and principal of Hayman Advisors LP’s general partner formed in December 2005, with $10 million of his own money. Based in Dallas, Hayman Advisors serves as the investment manager to the Hayman Capital Master Fund LP and Japan Macro Opportunities Master Fund LP. According to GuruFocus research, Guru Kyle Bass shows a pattern of making bold bets based on his view of macroeconomics. He returned 340% in his firm’s first four years, establishing a worldwide reputation for Bass. Continue Reading »