Kyle Bass Calls General Motors Best-In-Class, Takes A Position

The macro manager, Kyle Bass keeps doing the unusual repeatedly. Kyle Bass, who is not known for investing in equities, has now taken a new position in General Motors Company (NYSE:GM). The hedge fund manager published his thesis on a members-only investor website, Harvest. The other hedge funds that own General Motors Company (NYSE:GM) are David Einhorn’s Greenlight Capital, Taconic Capital and York Capital. Kyle Bass likes GM’s risk/reward profile According to the brief presentation, Kyle Bass’ Hayman Capital thinks that the risk-reward profile makes the company a very attractive option to hold among large caps. The fund sees a 48%…