Sovereign Debt Issuance - Japan - Hayman Advisors - Kyle Bass - House of Cards

[claphands22]

Hayman Advisors's fund is managed by Kyle Bass. Kyle Bass is the guy who had credit-default swaps on subprime loans. Here is an article about Hayman's current thoughts on Japan, and Sovereign Debt Issuance in general.

 

http://itulip.com/forums/showthread.php?t=10817 [pdf of the article is also attached; which is much cleaner]

 

 

Noise Free Investing also found a good CNBC documentary called "House of Cards"

http://www.noisefreeinvesting.com/blog/2009/06/house-of-cards/ Kyle Bass is toward the end of the documentary.

 

There is at least one more letter written by Kyle Bass on Scribd, if you like his work.

[Guest Broxburnboy]

Great post .. thanks. Seems like many nations are engaged in a race to the bottom, although the US dollar seems to be the tallest midget in the room.

 

Cheers

[BargainValueHunter]

Seems like Mr. Bass is the new Dr. Michael Burry if Michael Lewis has his way

 

http://www.gurufocus.com/news/147224/is-kyle-bass-the-new-john-paulson

 

According to the book, Bass' Greek debt CDSs would net him $700,000 on $1,100 if Greece defaults — in short, he stands to multiply his investment by 650.

 

That is a pretty good trade.

[Guest Dazel]

 

I have not seen a guy try to sell his side of the story that much in a long time...he was on cnbc today....saying Greece had to default...I know why now. thanks

 

The entire world is trying to set it up so the credit default swaps do not pay...so he is up against a tough crowd...how long does he have left on the swaps?

thanks.

 

Dazel.

[berkshiremystery]

here we can snoop his portfolio

 

http://holdings.nasdaq.com/asp/OwnerPortfolio.asp?FormType=OwnerPortfolio&CIK=0001420192&HolderName=HAYMAN+CAPITAL+MANAGEMENT%2C+L%2EP%2E

 

 

http://www.haymancapitalmanagement.com/

[moore_capital54]

 

I have not seen a guy try to sell his side of the story that much in a long time...he was on cnbc today....saying Greece had to default...I know why now. thanks

 

The entire world is trying to set it up so the credit default swaps do not pay...so he is up against a tough crowd...how long does he have left on the swaps?

thanks.

 

Dazel.

 

Personally, there is something about Kyle Bass that I just despise. He talks his book way too much and seems to get a kick out of scaring investors. He is the epitome of what drives fear in the markets that are more interconnected than at any point in time. Hes the kind of guy that will mass email all his cronies about something pile in then go on TV and talk his book.

 

Hes very smart but he has a bond villain kind of feel to him.