My best investment idea for next year is not a stock. No grand 2023 S&P 500 EPS estimates or lofty price targets from this observer! This idea is risk free and may provide an equity-like return ne...
Tag: Doug Kass
Doug Kass: What If David Tepper Is Wrong?
The battle of investment wit continues. David Tepper’s CNBC interview Thursday and FinTV’s coverage of it caused more than a ripple in the markets (here it is). At one point Thursday the S...
Doug Kass: 10 Reasons Why I Am Shorting Apple
Last week I initiated a short in Apple (AAPL) — and I added to my short on both Wednesday and Friday. Here is my investment rationale: 1. While the Apple eco system remains formidable (no surpr...
Doug Kass: Here’s Why Easy Money Often Winds Up in Money Heaven
There are an increasing number of examples of the tide going out and exposing us to who is swimming naked. Excessive monetary growth gave capital to the likes of Chamath Palihapitiya, Cathie Wood and...
Doug Kass: How Did Bank Stock Investors Get So Clueless?
Travelling with the herd is often harmful to your investment well being. Banks stocks have been among the worst-performing sectors in the last six months. Yet, the vast consensus view was that, in ...
Doug Kass: The Great Bear Market of 2021-22
The averages are lying to investors. We have been in a profound and significant Bear Market since last summer as numerous individual securities have cratered. I continue to be bearish and am of the vi...
Doug Kass: The Era of Irresponsible Bullishness May Soon Be Over
Thursday was an encore presentation, as, for the second time in one week, stocks collapsed. Monday’s market schemissing was followed by yesterday’s vicious decline as the rotation from gro...