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"Perry said it's the best ranch he's been on in Texas," Uechtritz said. A vocal critic of China’s Communist Party, the 50-year-old investor wrote in a Newsweek op-ed last month that Hong Kong has become “ground zero for the ideological clash between democracy and heavy-handed Chinese communism.”Hong Kong Financial Secretary Paul Chan said this month that the city is ready to defend the exchange rate and that, if necessary, the mainland would backstop the peg via swap lines with the PBOC. Kyle Bass or normally known as Kyle Bass is amongst most influential Hedge Fund Managers of America. Truly a recreational retreat, it also boasts a paintball course, shooting range and garages suited for car collectors.Elsewhere on the property is a barn, private lake with dock, tennis court, carriage house and artfully designed gardens.

During the interceding months, as Bass has admittedly focused more on politics and less on running his hedge fund, he has become so convinced that the peg will soon snap, that he’s cranked up to leverage on his long-term derivatives bet to absurd levels, hoping to reap another windfall on par with his bet against the housing market that launched him to investing superstardom.The Dallas-based founder of Hayman Capital Management is starting a new fund that will make all-or-nothing wagers on a collapse in Hong Kong’s currency peg, people with knowledge of the matter said.That could be a serious problem for Bass’s investors since, as Bloomberg points out, the insane leverage ratio means that losses will be 100% if the peg isn’t broken within 18 months.The trade is audacious even for Bass, who profited handsomely during the subprime crisis but has since had less success with doomsday calls on everything from Japanese government bonds to the Chinese yuan.
The Barefoot Ranch includes a 35,000-square-foot lodge for entertaining with a golf course, boat house on a … https://www.cnbc.com/video/2020/05/15/kyle-bass-on-us-china-relations.html It features a state-of-the-art media room, temperature-controlled wine cellar and in-home gym. Kyle Bass has enjoyed the luxury since the time he was born but instead of letting that go to his head he decided to make the most of what … The entire house is decked out in rustic but polished architectural details that merge countryside-inspired aesthetic with high-end finishes.Darla Guillen, Houston ChronicleThe residence has played host to several politicians and celebrities over the years and can serve as a venue for events or corporate functions. It features a 35,000-square-foot rustic mansion on 2,492 acres of land.Renovated in 2014, the main house is roughly an hour away from Dallas. When we first published Kyle Bass’s “the Quiet Panic” back in April 2019, the investing community laughed off Bass’s leveraged bet against the HKD’s peg to the dollar as a novelty, and blasted Bass as a washed-up sinophobe who spends his days hanging out with Steve Bannon in an empty aircraft hanger.. It hit the public international market earlier this year and is being marketed to buyers around the globe.So it comes as no surprise that when it came time to unload a $59.5 million tract of land, previously thought to sell for roughly $100 million, Bass chose Uechtritz to list it.Set in Larue, Texas is the elegant Barefoot Ranch,  a 2,492-acre parcel with a 35,000-square-foot main house as its anchor. J. Kyle Bass (born September 7, 1969) is an American hedge fund manager.He is the founder and principal of Hayman Capital Management, L.P., a Dallas-based hedge fund focused on global events. But Beijing’s clampdown appears to finally have brought HK’s chickens home to roost, as its currency’s peg to the dollar has come under intense strain.Whatever happens with the fund, at least Bass will earn a decent profit on the management fees. Elsewhere on the property is a barn, private lake with dock, tennis court, carriage house and artfully designed gardens. Why Kyle Bass' iconic Texas ranch sold in less than a year . Bass is charging a one-time fee of 2%, and 15% of profits, though presumably he is investing at least some of his own money in the fund, as he has in the past. Other fears of financial stress in the HK banking system and housing market have also been relatively muted.Kyle Bass is going for broke on a currency trade that has burned bearish speculators for more than three decades.When unrest erupted in Hong Kong a couple of months later, talk of financial stress was, at least initially, surprisingly muted.