Wednesday, April 18, 2012

Kyle Bass of Hayman Experts Buys MMR, ATNY, TSRA, Sells RKT, KKR

GuruFocus is glad to announce we have added hedge fund manager Kyle Bass of Hayman Experts into our Listing of Gurus.

Kyle Bass may be the Controlling Member and Principal of Hayman Experts LP’s general partner, created in December 2005. Hayman Experts can serve as an investment manager towards the Hayman Capital Master Fund LP and Japan Macro Possibilities Master Fund LP.

Mr. Bass established fact for his prescient investment research into the subprime crisis. In September 2007, he made an appearance being an expert witness before home of Reps Financial Services Capital Marketplaces Subcommittee as well as in 2010, he made an appearance like a Financial Market Participant prior to the Economic Crisis Inquiry Commission, a bi-partisan 10-member panel established by Congress to look at what causes the economic crisis. He's around the Board of Company directors for that College of Texas Investment Management Co. ($16 billion AUM) and it is a founding person in the Serengeti Resource Management Advisory Board.

Just before developing Hayman Experts, Mr. Bass labored like a Senior Controlling Director at Bear, Stearns & Co., so that as a Controlling Director at Legg Mason, Corporation. Mr. Bass graduated with honors having a Bachelor of economic Administration from Texas Christian College.

Kyle Bass makes bold bets based on his take on macro financial aspects. He earned a lot of money in 2007 by betting against sub-prime CDOs. Read his third quarter letter entitled “Imminent Defaults” here.

Kyle Bass would be a internet seller throughout the 3rd quarter. He bought only a number of positions. He is the owner of 12 stocks only by Sept 30. Fundamental essentials particulars from the buys and sells.

    New Purchases: MMR, ATNY, TSRA,

    Added Positions: IMN,

    Reduced Positions: GMLP, ELNK,


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