This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Kass: The Parable of the Mustard Seed

In conclusion, I am not yet in a rush to buy aggressively, but I am increasingly confident that investments made in the next three to six months will look terrific one to two years from now.

I am also convinced that the current negative groupthink on the part of the hedge fund community (and others), which is manifest by their current low invested positions amid fear of further investment losses and additional redemptions, will cause them to miss the bulk of the early advance in equities when it comes. As such, the potential is for hedge funds to become the new marginal buyer that is capable of extending the market's initial gains in 2009.

Shopping lists should now be made for both holiday gifts and for stocks, as they are both being discounted.

Doug Kass is the author of The Edge, a blog on RealMoney Silver that features real-time shorting opportunities on the market.

Know What You Own: Doug Kass is currently short the iShares 20+ Year Treasury Bond (TLT), which operates long government ETF category, and some of the other ETFs in its field include the iShares 7-10 Year Treasury Bond (IEF), UltraShort 20+ Year Treasury ProShares (TBT), iShares 10-20 Year Treasury Bond (TLH), UltraShort 7-10 Year Treasury ProShares (PST), PowerShares 1-30 Year Laddered Treasury (PLW) and SPDR Lehman Long Term Treasury (TLO). For more on the value of knowing what you own, visit's Investing A-to-Z section.
At the time of publication, Kass and/or his funds were short the iShares 20+ Year Treasury Bond, 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.
3 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
IEF $110.59 0.00%
PLW $34.02 0.00%
PST $21.18 0.00%
TLO $75.91 0.00%
TLT $131.63 0.00%


Chart of I:DJI
DOW 16,014.38 -12.67 -0.08%
S&P 500 1,852.21 -1.23 -0.07%
NASDAQ 4,268.7630 -14.99 -0.35%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs