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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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.
Masco's 4% drop Thursday is the latest proof that big call buying doesn't mean insiders know something you don't.
The list of reasons for my short-term bearishness keeps growing.
We've had two big days for stocks, but I used the run-up to short SPY even more.
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