Financial Advisor Update
Kass Nailed It on Private Equity
Doug Kass
11/04/08 - 11:19 AM EST
This blog post originally appeared on RealMoney Silver on Nov. 4 at 9:27 a.m. EST.
A highlight of last week was my Jor-El like forebodings regarding Planet Krypton -- I mean on private equity.
That evening, I discussed why private equity was doomed on CNBC's "Fast Money" with Dylan Ratigan.
Yesterday, both the New York Post and The New York Times followed up with similar concerns.
Today, The Wall Street Journal's "Private Equity Draws the Cold Shoulder" embraces the notion that there is deep trouble in the private equity community.
I'll continue to try to stay ahead of that crowd!
Doug Kass writes daily for RealMoney Silver, a premium bundle service from TheStreet.com. For a free trial to RealMoney Silver and exclusive access to Mr. Kass' daily trading diary, please click here.