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: New-Era Thinking

This article originally appeared on Real Money. To read more content like this AND see inside Jim Cramer's multi-million dollar portfolio for FREE -- Click Here NOW.

Below are some examples of today's new-era thinking:

  • Biotech and the cloud form the basis of our investment and business futures.
  • Profit margins and valuations will remain elevated.
  • It's the weather, stupid.
  • Cash is trash.
  • High-frequency trading buoys market liquidity.
  • We are in a period of extended prosperity and self-sustaining growth.
  • The global capital markets and economic growth trajectory will be immune to rising interest rates.
  • China will continue to be the world's economic growth driver.
  • China's leveraged banking and shadow banking system pose limited risks to the capital markets.
  • Geopolitical risks are irrelevant to the global stock markets.
  • Housing has entered a multiyear period of growth in activity and prices.
  • Elon Musk is the new Steve Jobs.
  • Tesla (TSLA - Get Report) is the company of the future -- on so many levels.
  • Starbucks (SBUX - Get Report) is a technology company.
  • The Fed's obscuring of natural price discovery will be maintained ad infinitum.
  • There will never again be a 10% market correction.

Be forewarned.

This column originally appeared on Real Money Pro at 9:44 a.m. EDT on March 19.
At the time of publication, Kass and/or his funds were short TSLA and SBUX, although holdings can change at any time.

Doug Kass is the president of Seabreeze Partners Management Inc. Under no circumstances does this information represent a recommendation to buy, sell or hold any security.

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

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
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Real Money
Try it NOW

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


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Our Tweets

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs