Owning Bonds Is Like Picking Up Pennies In Front Of A Steamroller
by DOUG KASS From my perch, owning bonds today might be like picking up nickels in front of a steamroller! I am adding a short U.S. Bond position (short iShares 20+ Year Treasury Bond (TLT) at the...
View ArticleThere Is No Margin Of Safety Left
by DOUG KASS If you are shopping for common stocks, choose them the way you would buy groceries, not the way you would buy perfume. –– Benjamin Graham Following the Woodstock for Capitalists in Omaha,...
View ArticleThe Next ‘Big Short’ May Be At Hand
By Doug Kass Bill Gross, Monthly Investment Outlook, July 30, 2015: “But perhaps the recent annual report from the BIS – the Bank for International Settlements – says it best. The BIS is after all...
View ArticleThe Bulls Are In Danger Of Turning Into Lemmings
http://dougkass.tumblr.com/post/126997680138/the-bulls-are-in-danger-of-turning-into-lemmings
View ArticleRevisiting The Wisdom Of Randolph Duke: ‘Something’s Wrong—–Sell! Sell!’
Randolph: Something’s wrong! … They’re selling, Mortimer! … You, idiot! Get back in there at once and sell! Sell!”
View ArticleA Broadening Market Top Is In Place—-Another Rollover Ahead
As I've previously noted, I believe a broadening and important market top is in place, and that a relatively meaningful portion of stocks' daily moves are exaggerated by gamma hedging, risk parity and...
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