Unlike so many “tallking heads” on CNBC and so many anonymous Tweeps we get it wrong a lot. (And unlike most of them, who spend most of their time polishing their images, I take ownership of my investment boners.)
We Got This One Right
But, as noted in Where are My Index Shorts?column we have been on the “not broadening” theme since July — while the consensus was still buying $IWM and $RSP and pushing the broadening theme (without facts):
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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