Hayman Capital - Email format and culture?

It's the fund that Kyle Bass works for in Dallas. I have read his monthly letters and I have a similar macro outlook. If anyone knows more information about the fund than the phone number on the website like how many people work there, email format, etc, culture, I'm interested.

21 Comments
 

"Works for" might be putting it a tad lightly. "Founded and manages" might be more apropos verbs. His private equity arm was recruiting at one point as I saw the posting on the undergrad job board (still have access as an alum). That group has about 7 people and I suspect some overlap between the 2 entities. I used to have his secretary's card but it has been lost. You could worse than trying various combinations of people's names @haymancapital.com

 

So what did happen actually did Kyle make the bets against JGBs?

+1 for the awesome link

Simplicity is the highest form of sophistication ~ Leonardo da Vinci
 
Best Response

The problem with Bass is he doesnt understand modern sovereign accounting.

His subprime trade of 06/07/08 is apples and oranges compared to his short Japan trade.

He is using financial accounting that would be used for a household or business and projecting that onto Japanese sovereign accounting.

Japan will only implode when and if it is politically expedient for the nations in power to allow it.

The history of sovereign debt defaults is the history of political power.

An accounting of numbers of countries defaulting is meaningless. Who defaulted on whom, when and why?

The more power you have as a government, the more debt you can support.

Governments make up their own rules as they go along. And governments dont borrow or default the way private banks and financial instiutitions do.

Here is a tidbit for you underachievers in macro economics;

The U.S. defauled on its gold debts in 1971. The result?

The entire wolrd has had to buy U.S. treasury Bonds as reserves ever since.

That's power.

The one who does not fall, does not stand up
 

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