In-Depth Profile Kyle Bass’ Legacy Beyond Macro Bets

As Kyle Bass stands over his latest short-selling conquest – United Development Funding (UDF) just settled with the Securities & Exchange Commission over fraud charges and a second shoe could drop as a result of a potential ongoing FBI investigation – what becomes abundantly clear is something not much observed about him. While the now Dallas-based hedge fund manager might perhaps be best known for “predicting” the 2008 financial crisis and placing a macro bet on Japanese bonds, it is not macroeconomic analysis or finding the next Google or Facebook stock pick that drives the man. His career has been…