-
Another Hedge Fund Manager Adds JC Penney
Tuesday, August 20, 2013 - 2:21pm | 353Read More...Following a trend of hedge funds adding JC Penney (NYSE: JCP) to their portfolios, Bloomberg reported that hedge fund manager Kyle Bass entered a long position in the company by buying their debt. This announcement came several hours before the company announced its earnings. Despite top and...
-
Kyle Bass on Herbalife: I Would Never Bet Against Dan Loeb
Friday, February 1, 2013 - 12:30pm | 159Read More...Hedge fund manager Kyle Bass, known for his bet against U.S. subprime and his prescient prediction on the European debt market, told CNBC's Gary Kaminsky on Friday that he would "never bet against Dan Loeb." Loeb, the fund manager of Third Point, has an 8.2 percent stake in multi-level marketing...
-
Kyle Bass: Investors Buying Japanese Stocks are Picking Up Dimes in Front of a Bulldozer
Friday, January 18, 2013 - 4:28pm | 413Read More...Hayman Capital's Kyle Bass spoke with CNBC's David Faber on Friday about his outlook for a number of markets and how his hedge fund is positioned. Bass was particularly adamant about Japan's disastrous fiscal situation and his belief that the Japanese yen and bond market is headed for a...
-
Kyle Bass: This Ends in War
Thursday, December 27, 2012 - 3:53pm | 553Read More...Kyle Bass is no stranger to provocative statements. Last year, in a speech given at AmeriCatalyst, Bass expounded on his short yen thesis, a trading idea he had held for some time, but one that has not, at least until now, appeared to have gone his way. With the yen continuing to plummet following...
-
Not Rising: Short Japan With These ETFs (EWJ, AAXJ, FXY)
Thursday, March 1, 2012 - 5:28pm | 614Read More...The Japanese economy, the world's third-largest behind the U.S. and China, showed a smaller-than-expected fourth-quarter GDP contraction. Capital spending actually rose 4.9% and Japan's economy looks to be getting a lift from a weaker yen and reconstruction efforts following last year's tragic...
-
Pain Ahead: 3 Predictions For 2012
Friday, December 23, 2011 - 4:51pm | 778Read More...Europe Will Experience Hard Defaults - While the market is not currently anticipating hard defaults in the Eurozone, some of the world's top investors are predicting just that outcome. Specifically, Greece will default in the early part of the year and this could set off a "cluster" of sovereign...
-
Is Japan Next?
Friday, December 2, 2011 - 4:03pm | 520Read More...As the debt crisis in Europe has exacerbated in severity, speculation has grown that Japan could soon find itself in the same situation as the indebted euro nations. That is, facing extraordinary interest rates and the prospect of default. Kyle Bass of Hayman Capital has spearheaded this thesis,...
-
Buffett vs the Japan Bears
Monday, November 21, 2011 - 2:01pm | 596Read More...On Monday, Warren Buffett announced that he was bullish on Japan, noting that the recent scandal involving Olympus had done little to shake his confidence in the country's economy. Yet, is Buffett losing his touch? Bloomberg reported on Monday that Japanese exports declined for the first time in...
-
MGIC Investment Adding On To Gains As Bass Takes Stake
Monday, November 7, 2011 - 4:23pm | 104Read More...MGIC Investment Corp. (NYSE: MTG) shares are spiking on news from the Wall Street Journal that notoriously bearish hedge fund manager Kyle Bass has purchased a 4.9% stake in the company. Bass, of Hayman Advisors, said that the losses of the U.S. housing market are largely past them. The news...
-
MGIC Investment Corp. Spikes On Comments From Kyle Bass
Monday, November 7, 2011 - 4:05pm | 89Read More...Shares of MGIC Investment Corp. (NYSE: MTG) are spiking on Monday after hedge fund manager Kyle Bass said that they appear undervalued. The stock has gained 10.55% to $2.84. Bass famously bet against he mortgage market prior to the collapse at his hedge fund Hayman Capital, but now it appears that...
-
Kyle Bass Tells CNBC "We Can't Just Soak the Rich"
Wednesday, October 5, 2011 - 12:39pm | 172Read More...Texan investor Kyle Bass appeared on CNBC on Wednesday afternoon and said that America's economy woes will not be solved simply by soaking the rich. “When you look at this from a bi-partisan position, or better yet a non-partisan position, revenues need to come up.” “This is something that I love...
-
Top Ideas From Delivering Alpha
Thursday, September 15, 2011 - 11:41am | 1025Read More...Tyler Mathisen of CNBC hosted a panel yesterday at the CNBC/Institutional Investor "Delivering Alpha" conference with six of the brightest minds in the hedge fund world, and asked them for some of their best investment ideas. Up first was Kyle Bass from Hayman Capital, and his idea was to short...
-
Kyle Bass: Investing In Short Term Credit, With Small Equity Bets
Wednesday, February 16, 2011 - 1:22pm | 122Read More...Kyle Bass, of Hayman Capital Management, is on CNBC and he continues to be bearish on the public debt markets, saying that rising interest rates will severely hurt the government's ability to pay back its debt, and the interest on this debt. He is saying that 2011 is going to be another very...
-
Is Greece About To Go Belly Up?
Wednesday, October 27, 2010 - 12:27pm | 174Read More...Concerns are propping up again over whether Greece is about to default on its debt, despite receiving a bailout months ago. There are also concerns of a potential early election. The yield on 10-year Greek government debt is back up over 10%, hitting 10.37%. This is a 6.5% spread over the same...
-
Kyle Bass On Macro Themes
Thursday, October 14, 2010 - 6:54pm | 560Read More...Benzinga is at the Value Investing Congress in New York and we had the opportunity to speak with Hayman Capital's Kyle Bass about some of the significant macro themes he sees on the horizon. Bass called for, and profited handsomely from, the subprime mortgage meltdown. With regard to the currency...
