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The Fiery Investor Restoring East Texas
We’re standing atop one of the highest hills in Henderson County, but Kyle Bass wants to climb higher still. Be careful, he warns me as we begin our ascent of a fire lookout tower built in the forties. “It’s janky.” Other words that come to mind are “dilapidated” and “dangerous.”I grab hold of the ladder, and it moves a couple of inches, the nuts meant to bind it to the tower’s metal frame having loosened. When we reach the first landing, Bass advises me to avoid putting my weight on its decades-old boards. I straddle the landing instead, placing my feet on the metal frame that holds the untrustworthy wood. The janky metal frame.Bass is a master of calculated risk. As a hedge fund manager…The post The Fiery Investor Restoring East Texas appeared first on Texas Monthly.