Hayman Capital Partners: Psychology is on Top

Kyle Bass

believes that psychology is more important than the quantitative analysis that is why in his fund, they pay more attention to it and try to understand it. "We have been conditioned to believe there is always this savior out there," Bass said. "There's an optical backstop designed to make everyone believe countries can't default." "It's where we stand to day on Greece on Italy. I think it's really important to think through that psychology," he said. "Those optics are starting to come into question."

Kyle Bass, an American hedge fund manager, is the Founder of Hayman Capital. He received extensive coverage in the financial press for profiting $590 million by short selling the sub-prime mortgage bond market, before that market crashed. In 2011, Bass initiated a huge position in Greek sovereign debt through CDSs. Media reports were that he could profit up to 650 times his investment should Greece default on its debt obligations.

Kyle Bass Letter; Hayman Capital Letter

Kyle Bass Hayman capital, shared its most recent letter with us called “The Hidden Bank Run Across Europe”.
“As European leaders press forward with failed attempt after failed attempt to suppress borrowing costs, control spending, reduce deficits and prop up what the markets have already told us is a broken monetary system, the data tells us that the citizens of the most troubled and profligate nations are losing confidence in the Euro dream. Trust has been lost, confidence in the system is being lost, and the ultimate consequence of this break down – sovereign defaults —are imminent.”
View more Hayman Capital Letters

View more

Kyle Bass Bio

Kyle Bass, an American hedge fund manager, is the Founder of Hayman Capital. He received extensive coverage in the financial press for profiting $590 million by short selling the sub-prime mortgage bond market, before that market crashed. In 2011, Bass initiated a huge position in Greek sovereign debt through CDSs. Media reports were that he could profit up to 650 times his investment should Greece default on its debt obligations.

Kyle Bass: USA has more time than Europe and Japan

Hayman Capital Kyle Bass, shares that USA has more time until a debt crisis than Europe and Japan do. In his opinion, USA has 3-5 years and believes that Europe and Japan might accelerate it a little bit. It seems that the political elite think that USA has 10 years, but they are wrong. USA doesn’t have a lot of time for adjustments, and it seems the politicians are not doing what is needed so at the end, we will face the same fade as Japan and Europe. J Kyle Bass made pessimistic forecasts about the development of the European crisis as well as the coming one in Japan.

Kyle Bass, an American hedge fund manager, is the Founder of Hayman Capital. He received extensive coverage in the financial press for profiting $590 million by short selling the sub-prime mortgage bond market, before that market crashed. In 2011, Bass initiated a huge position in Greek sovereign debt through CDSs. Media reports were that he could profit up to 650 times his investment should Greece default on its debt obligations.