Doug Kass is the president of Seabreeze Partners Management Inc. Until 1996, he was senior portfolio manager at Omega Advisors, a $6 billion investment partnership. Before that he was executive senior vice president and director of institutional equities of First Albany Corporation and JW Charles/CSG. He also was a General Partner of Glickenhaus & Co., and held various positions with Putnam Management and Kidder, Peabody. Kass received his bachelor's from Alfred University, and received a master's of business administration in finance from the University of Pennsylvania's Wharton School in 1972. He co-authored "Citibank: The Ralph Nader Report" with Nader and the Center for the Study of Responsive Law and currently serves as a guest host on CNBC's "Squawk Box."
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U.S. consumer staples like Procter & Gamble should do well, while financials like Bank of America could be cheap buys.
Aurora is buying MedReleaf for $2.5 billion, and I'm selling the ETFMG Alternative Harvest ETF (MJ).
I'm snuffing out my position in legal-pot play ETFMG Alternative Harvest ETF.
I still think AAPL is overvalued, but the market doesn't agree (at least today).
TWTR tumbled some 4% to $29 on Friday, but Doug Kass thinks it's a $40 stock.
TWTR fell 4% to $29 Friday, but Doug Kass says it's a $40 stock.
I'm making a short of Disney my trade of the week. Here's the setup.
Rally or no rally, I'm not interested in buying this stock.
Rally or no rally, I'm not interested in buying.
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