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.
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I meant Hayman Advisors if that makes a difference to anyone.
"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
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HBS Case Study on Hayman Capital and Japan (Originally Posted: 05/20/2012)
Credit to Zero Hedge for posting this - a great read.
http://www.scribd.com/fullscreen/94194593?access_key=key-2nh7d3g9sfvk2s…
+1 for the link, thank you sir.
Good find. It is most likely a copyright violation to post the case study on Scribd thou. In case they delete this, you can purchase the case study from HBS directly for $7.
http://hbr.org/product/hayman-capital-management/an/212091-PDF-ENG
Kyle Boss
Anyone have the download link?
Great read. By the way, Scribd has a ton of reports, power point presentations, and pdf's that are financial related. Just search around and you'll find them.
So what did happen actually did Kyle make the bets against JGBs?
+1 for the awesome link
Kyle Bass / Hayman Capital (Originally Posted: 06/07/2012)
Has anyone seen anything written by Kyle Bass or his firm recently? The last thing I read was the Hayman Capital investor letter dated December 14, 2011.
Thanks
That's the last I heard. It's a shame. http://www.businessinsider.com/whoa-kyle-basss-performance-really-is-th…
Not the least bit surprising. He exhibited all the qualities of an awful trader.
What would these qualities be? Just curious
dudes getting his shit kicked in
ouch...
I think he made a ton of money of the recent Japanese downgrade? There was an HBS case study done on Hayman's position. http://hbr.org/product/hayman-capital-management/an/212091-PDF-ENG
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.
Hayman Capital And Kyle Bass (Originally Posted: 12/02/2015)
How can a small investor like me participate in Hayman Capital? Minimum investment is $5 million.
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