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FOR IMMEDIATE RELEASE

DROBNY GLOBAL ASSET MANAGEMENT CEO,
STEVEN DROBNY,TO PUBLISH NEW BOOK
The New House of Moneyto be R...
and optimize external allocations to hedge fund managers to improve overall portfolio
results. He is also the author of tw...
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The New House of Money

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Steven Drobny, founder and CEO of Drobny Global Asset Management, is publishing a serialized book that shares the insights of a select group of global macro hedge fund managers.

The first chapter of The New House of Money features J. Kyle Bass, founder of Dallas-based Hayman Capital. It’s available today for free download at: www.drobnycapital.com.

In this chapter, Mr. Bass discusses the subprime trade that made him famous, gives his advice for institutional investors, and shares his views on Japan, China and Europe.

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Transcript of "The New House of Money"

  1. 1. FOR IMMEDIATE RELEASE DROBNY GLOBAL ASSET MANAGEMENT CEO, STEVEN DROBNY,TO PUBLISH NEW BOOK The New House of Moneyto be Released in Serialized Format and Available Online to Capture Latest Views of Leading Hedge Fund Managers First Installment Features Hayman Capital Founder Kyle Bass SANTA MONICA – December 3, 2013 –Drobny Global Asset Management announced today that its founder and CEO, Steven Drobny, will be publishing a new book entitled The New House of Money, a follow-up to his critically acclaimed books,Inside the House of Moneyand The Invisible Hands. The New House of Moneywill explore the market views and share the insights of a select group of global macro hedge fund managers, some of whom are extremely wellknown and established and others who are – as of yet– undiscovered. The first chapter features J. Kyle Bass, founder of Dallas-based Hayman Capital. The New House of Money will be released in serialized format starting today and is availablefor free download online at:www.drobnycapital.com. “Since I wroteInside the House of Money in 2006, we have gone deeper and deeper into uncharted waters due to a global monetary policy experiment that continues to this day,” Drobny said. “I felt it was now time, a few years into the post-crash market environment, to re-engage with some of the best global macro hedge fund managersto get their take on what is happening. “Because of the speed with which capital flows are moving and government policy is being implemented, I decided to release the book in a serialized format to keep the conversations as timely and actionable as possible. My hope is that within these pages, readers – especiallythe institutional investors charged with investing large pools of capital and forced to contend with the risk inherent in this new world order – will be able to make sense of these highly uncertain times by listening to some of the brightest minds in finance.” We plan to release the compilation of chapters in printed bookformat sometime in 2014. About Steven Drobny Steven Drobny is the founder and CEO of Drobny Global Asset Management. A recognized leader in the macro and commodity investment community, Drobny has in recent years focused his expertise on how real money investors can best implement
  2. 2. and optimize external allocations to hedge fund managers to improve overall portfolio results. He is also the author of two critically acclaimed books on fundamental, discretionary investing, Inside the House of Money: Top Hedge Fund Traders on Profiting in the Global Markets(John Wiley & Sons, 2006) and The Invisible Hands: Top Hedge Fund Traders on Bubbles, Crashes and Real Money(John Wiley & Sons, 2010). Mr. Drobny holds a MSc in Finance and Accounting from the London School of Economics and Political Science and a BS/BA from Bucknell University. About Drobny Global Asset Management Drobny Global Asset Management is an independent investment advisory, asset management and consulting firm focused on global macro and commodity hedge fund strategies. The firm helps pensions, endowments, family offices, asset managers and other institutional investors craft superior portfolios and develop more effective businesses through the thoughtful and strategic use of external hedge fund allocations. Through its leadership in the global macro and commodity investment community, the firm collaborates with both allocators and managers on a wide range of issues related to building sustainable, scalable investment practices. Drobny Global Asset Management is headquartered in Santa Monica, CA and can be found online at www.drobnycapital.com. *** FOR MORE INFORMATION CONTACT: Mickey Mandelbaum / Maya Pogoda Muirfield Partners (310) 785-0810 mickey@muirfieldpartners.com maya@muirfieldpartners.com

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