For now I have stopped tweeting critical stuff on Fin TV.
I dont have the time and have concluded there will be no change in personnel or programming.
But the news at $DAL $APPL and other stocks this morning – support my view that few of the panelists have any investment process or rigor.
The believe “price is truth” and everything (from Best Stocks segment to individual panerist picks) are based on price and momentum and moving monkeys.
The know everything about price and nothing about value.
They are mostly asset gatherers (or selling another service).
Doug Kass is a world-renowned hedge fund manager with decades of experience and success navigating through some of the most turbulent periods in market history. He is known for his time-tested analytical skills and ability to look past the current noise and herd mentality.
On TheStreet Pro, Kass provides frequent market commentary and investing ideas for active investors throughout each trading day in Doug’s Daily Diary. He also serves as president of Seabreeze Partners Management Inc. Previously, he served as a senior manager at Omega Advisors, a $6 billion investment partnership. He co-authored a book with Ralph Nader and the Center for the Study of Responsive Law called “Citibank: The Ralph Nader Report” and can be found as a guest host on CNBC's "Squawk Box."
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