Investing Opinion

Kass: Color Me More Bearish

 

Today, as several years ago, most investors clearly don't share my concerns. I suspect that the punishment those investors experienced in 2008-2009 was too brief or perhaps it was reversed too soon. (Of course, there is always the chance that such behavior won't be punished again the second time around.)

Nevertheless, I believe the prudent course shouldn't be the adoption of too much risk at the current time.

Color me more bearish.

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.

>To order reprints of this article, click here: Reprints

Doug Kass is the general partner Seabreeze Partners Long/Short LP and Seabreeze Partners Long/Short Offshore LP. Under no circumstances does this information represent a recommendation to buy, sell or hold any security.

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