Kass: Buy It Like Buffett

Stock quotes in this article: ING , EXC , NRG  

Two years ago, most investors felt like optimists and proclaimed that we lived in the best of all possible worlds. At the time, I (a pessimist) feared that that was true!

By contrast, in 2008, after it has gotten as dark as it has, one can finally (as a result of policy decisions and signs of a thawing in credit) begin to see the stars.

Accordingly, investors (not traders!) eyeing the intermediate-term outlook should now begin to feel like an oversexed man in a harem, as this is the time to start buying stocks.

And, in case you were wondering, this is not another April Fool's Day joke; it is honest October optimism.

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.

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At the time of publication, Kass and/or his funds had no positions in the stocks mentioned, although holdings can change at any time.

Doug Kass is founder and president of Seabreeze Partners Management, Inc., and the general partner and investment manager of Seabreeze Partners Short LP and Seabreeze Partners Short Offshore Fund, Ltd.





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