Have you basically become a day trader now? It’s an honest question.
Dougie Kass
just now
absolutely not
when i am wrong as rain on the market, i trade much more actively to hit the cash register – since i dont want to have much long exposure — i typically do this with the indices… so you see all my index trades
i always trade around longs and shorts – always
you see my day/trade/transactional stuff because, well because i am transparent – holds are holds , trades you see as it is transactional
on the short side (as i have been bearish) i have held more than 15 positions for years
i would much prefer catching a primary trend (down or up) and just hold… so much easier.
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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