13Ds of all the top managers are being analyzed today, and much of the clucking over the top managers' positions I find to be a bit bemusing. How many times can I buy Citigroup (C) because Tepper and Paulson are in it?
Instead of focusing on what Buffet sold last quarter (45 days after the fact), let's showcase the always insightful Kyle Bass, through the lens of his February 2011 investment letter. I haven't had time to read the whole of this yet but since it is Kyle Bass I will assume it is enlightening. There is also an attachment highlighting the professional backgrounds of the 11 Fed board of governors and based on the structure of the piece, I assume Bass is highlighting what little corporate experience most have (6 of the 11 appear to have never worked outside of academia).
As always hit 'full screen' for the easier read
First the letter -
Next the Fed Governor backgrounds -
Courtesy Absolute Return+Alpha