Kass: What's Hot and What's Not in 2009?

This blog post originally appeared on RealMoney Silver on Feb. 24 at 7:37 a.m. EST.

Investing Hot Not Alpha Beta Analysts Strategists Trading Investing Block and tackling Conceptualizing Yield Growth Municipal bonds Growth stocks Index funds Hedge funds Vanguard mutual fund fees 2% and 20% hedge fund fees Vanguard's John Bogle Berkshire Hathaway's (BRK.A Quote) Warren Buffett

Economy and Business Hot Not Cash Credit Crisis Status quo Penny wise Pound foolish Deflation Reflation Decession Bubble Time and patience An economic silver bullett Cassandras Pollyannas NYU's Dr. Nouriel Roubini Wharton's Dr. Jeremy Siegel The Southeast and Southwest The Northeast and Northwest Pawnbrokers Mortgage brokers Bankruptcy law Mergers, acquisitions and corporate law Tupperware Anything Williams-Sonoma (WSM Quote) Charity begins at home Charity galas JetBlue (JBLU Quote) Chartered flights Recreational vehicles Recreational land Documented loans Non- and low-documented loans Infrastructure expenditures Pork spending Not-for-profit workforce For-profit business executives Being public Being private Gardening Home renovations Cocooning Networking

Education Hot Not P.S. 6 Phillips Exeter Academy Nassau Community College Harvard University Home economics Economics 101 Graduate school applications Graduate school professorships

Food Hot Not Home cooking Dining out McDonald's (MCD Quote) 21 Club Dunkin' Donuts Starbucks (SBUX Quote) Dairy Queen NYC's Serendipity Pizza Steak tartare Mexican food French food Fried clams Lobster tails Beer Champagne Tap water Bottled water

Retail and Entertainment Hot Not Wal-Mart (WMT Quote) Tiffany (TIF Quote) Chevrolet BMW Nail files Manicures/pedicures Norelco trimmers Shave and a haircut Canvas bags Leather bags Silver Gold Levi's Designer jeans Movies Broadway theatre Balcony seats Orchestra seats Katy Perry and Tina Fey Madonna and Julia Louis-Dreyfus Zac Efron and Kate Winslet George Clooney and Nicole Kidman Doing crossword puzzles Going on vacations NCAA NBA and MLB Kevin Durant and Dustin Pedroia Stephon Marbury and Alex Rodriguez Subway and buses Chauffeured town cars and limousines Stickball, kick the can and curb ball Expensive golf club memberships Paint by numbers Art collecting Curlers Hair salons Daisies Orchids Chatting with friends Therapy Paid programming on TV New TV series Judy Garland in The Wizard of Oz Michael Douglas in Wall Street Michael Moore Dudley Moore

Real Estate Hot Not Brooklyn and Queens Manhattan (especially TriBeCa) Long Beach, N.Y. Palm Beach, Fla. Hampton Bays East Hampton To rent To own

Communications Hot Not Twitter Telephone calls Bloggers Newspaper reporters Cable on demand Concerts Teachers Politicians and Wall Streeters Social network Web sites Bars Pencils Pens

Politics Hot Not Democrats Republicans Washington, D.C. New York City Main Street Wall Street Stimulus Laissez faire Regulation Deregulation Bipartisanship Partisanship Ralph Nader and populism Lobbyists and corporate influence Ted Kennedy Caroline Kennedy Florida Governor Crist Illinois Senator Burris

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's daily trading diary, please click here.