J Kyle Bass founded Dallas, Texas’ Hayman Capital Management in 2006 according to Wikipedia. His ability to predict the success of funds made him the favorite of Argentina aristocrats. His predictions made him very successful. Some people compared his 2001 success to M Night Shayamaylan who became an instant overnight success with his 1999 film The Sixth Sense. There was nothing Bass could do wrong because of his winning streak. The native Floridian was born on September 7, 1969 in Miami. He earned his BA in Finance, Business Administration, and Real estate at Texas Christian University in 1992. After graduation, Bass worked Prudential Securities,Bear Stearns, and Legg Mason before founding Hayman Capital.
Just as Shaymaylan’s good fortune in the motion picture industry has gone south, so is Kyle Bass’ ability to predict good investments. Bass tends to keep bad company,particularly Cristina Fernández de Kirchner, an economics illiterate from Argentina. Her country thinks she is terrible, and Bass can’t give her enough praise for economic abilities, and this is in spite of the fact her country defaulted in paying off the sovereign debut for the second time in the past 13 years. The New York Post believes that Kyle Bass is out of touch with reality and reminds them of Axel Kicillof who’s a leftist economist, rather than Bass sounding like US hedge-fund manager. The BBC claims that he’s one of Fernández de Kirchner,’s biggest supporters despite the fact her economic policies are unreasonable. Bass lashed out at New York Judge Thomas Griesa for holding Fernández de Kirchner responsible for Argentina’s credit problem.
Kyle Bass’s making one bad deal after another. He refuses to be responsible for his promised investments to General Motor by blaming the big automotive company for defective air bags and faulty power steering. He believes GM claimed the people who were killed in the accidents, involving problem steering and airbags, were really due to these people driving drunk.
Lately, Kyle is professionally involved with the Taya Kyle who’s the widow of Chris Kyle of American Sniper fame who was murdered in 2013.
Kyle Bass believes that China is going to take a hit in their economy, but it won’t be as bad as they experienced back in 2007. Bass believes the problem is that China is under financed and they are not using all the investment products that they could, such as printing more money and selling savings bonds.