NEW YORK ( TheStreet) -- Doug Kass of Seabreeze Partners is known for his accurate stock market calls and keen insights into the economy, which he shares with RealMoney Pro readers in his daily trading diary.Among the posts this past week were entries about the shot heard round the world and his projections for Altisource Residential. Please click here for information about subscribing to RealMoney Pro.
The Shot Heard Round the World
Originally published on Thursday, Oct. 3 at 8:38 a.m. EDT. By the rude bridge that arched the flood,
Their flag to April's breeze unfurled,
Here once the embattled farmers stood,
And fired the shot heard round the world. -- Ralph Waldo Emerson, "Concord Hymn" During confusing times like these in the investment business, I like to retreat into books or into history in an attempt to deflect and even ignore (even for a brief period of time) the ridiculous systemic issues we face in our country. My experience is that this sort of rerouting puts it all into perspective.