As the world of equity asset-gatherers is desparate to point out the 'bubble' talk must mean bonds, we offer a few charts as a gentle reminder of reality... And as Doug Kass noted the last two times the S&P 500 hit all-time high and closed down more than 1% from that high were 10/11/07 & 3/24/00... Show More Summary
My afternoon train reading: • S&P 500 Returns to Record While U.S. Treasuries Advance (Bloomberg) but see S&P 500 Revenues Disappoint (Dr.Ed’s Blog) • I Was Wrong: Doug Kass Gives Mea Culpa on Bearish Views (Moneybeat) • The New Buyers of ETFs (Wealth Management) • Alternative Marketing for Alternative Investments (Social Science Research Network) •...Read More
Everyone loves a good book on investing, economics, or a fresh take on finance. With all of the titles floating around out there, though, it can be hard to sort through the pile. "Doug Kass has a terrific reading list," says Blackstone Vice Chairman Byron Wien. Show More Summary
Shareholders at the Berkshire Hathaway annual meeting saw a unique sight: Warren Buffett invited Doug Kass -- a certified Berkshire short-seller -- to ask tough questions throughout the day. Motley Fool analysts Joe Magyer and Rex Moore,...Show More Summary
We learned of the sad news of Alan Abelson’s passing yesterday. I know so many people who have “Abelson stories” — from Doug Kass to Stephanie Pomboy to David Rosenberg to Phillip Dunne. Hopefully, these folks will share some of their memories about the man and the writer in the coming days. (Josh does a...Read More
Weeks ago Warren Buffett called on investors far and wide to be the "credentialed bear" at his Berkshire Hathaway's massive annual shareholder blowout in Omaha. Ultimately, Palm Beach hedge fund manager Doug Kass was selected, and as "credentialed" bear he got to ask the first question in front of thousands of onlookers today. Show More Summary
(Reuters) - Hedge fund trader Doug Kass had his first brush with fame at the age of 10, when he appeared on a television quiz show, Tic-Tac-Dough, and won every day for a week.
Warren Buffett is shaking things up a little this year at the Berkshire Hathaway shareholder meeting. He's invited hedge fund manager Doug Kass, who is bearish on the company, to ask questions at the event. Kass, for his part, has shown signs of looking forward to being in a crowded arena with tons of people that completely disagree with him. Show More Summary
What does one ask the Oracle of Omaha? Investor Doug Kass will show us all next week at Berkshire Hathaway's investor day. For now, according to Bloomberg, he's doing some important things to prepare for the face-off. Buffett selected Kass, who manages the firm Seabreeze Partners Management, after putting out a call to the investment world. Show More Summary
Quote of the day Doug Kass, “Learn to survive under adverse market conditions by avoiding large losses, and learn how to prosper during good times. [...] The post Tuesday links: learning to survive appeared first on Abnormal Returns...
Inspired by Warren Buffett's invitation to Berkshire Hathaway bear Doug Kass to attend the conglomerate's annual meeting, Deal Journal hunted down a Berkshire trinket, on eBay.
Few in the market in March 2009 were able to see through the carnage and future for the equities markets. Jack Bogle, Doug Kass and Jeff Saut were three who did.
My afternoon train reads: • DoubleLine’s Gundlach shifts gears, now buys U.S. bonds (Reuters) • Oil ends lower as China stirs up demand worries (MarketWatch) • Doug Kass: I’m Honored to Be Buffett’s ‘Credentialed Bear’ (MarketBeat) see also Kass Takes Buffett’s Challenge to Present Bearish Questions (Bloomberg) • Corporate Profits Are Eating the Economy (The [...]
Doug Kass is walking into the Lions’ Den and the lions want to hear his questions for Mufasa Buffett.
During his appearance on CNBC's "Squawk on the Street"this morning, Warren Buffett told famed hedge-fund manager Doug Kass he had won the contest to be the official market "bear" at Berkshire Hathaway's annual Omaha shareholder meeting in May. Show More Summary
Hedge-fund manager Doug Kass was just as surprised as the rest of the world when he learned this morning that he will be Warren Buffett's "credentialed bear."
Warren Buffett said Monday that Doug Kass, a hedge-fund manager who is selling Buffett's Berkshire Hathaway Inc. short, will be added to the panel of analysts who participate in the company's annual meeting.
Doug Kass of Seabreeze Capital takes billionaire up on his invite to Omaha.
Here's something that will make you feel a little bit queasy. Yesterday, investment manager, and media personality, Doug Kass tweeted a rumor that Apple was going to announce a stock split today. Right around the time he fired off his tweet, Apple's stock took off, erasing a loss on the day. Show More Summary
Apple shares reversed intraday losses and gained slightly after hedge fund manager Doug Kass tweeted a rumor of Apple announcing a stock split at tomorrow's shareholder meeting. However, Kass subsequently sold on the run up and then disavowed the rumor as impossible and unlikely to actually happen.