Kyle Bass is “Against Selling” any of UT’s Gold

Last year the University of Texas Investment Management Co. took delivery of
over more than 6,000 gold bars – worth nearly $1 billion at the time – based
in part on advice from noted hedge fund manager Kyle Bass. Yesterday, Mr. Bass
stated at a meeting among the endowment's fund directors that he is "against
selling any of the gold," according to a Bloomberg report.