Doug Kass: I Was Wrong

I am fully aware that my mistakes over the past few months have been numerous and far-reaching. Above all, I have been steadfastly skeptical regarding the sustainability of the domestic economic recovery and in the view that the foundation for…

The Capital Spectator: You Buy When You Want To Sell And Sell When You Want To Buy

“History teaches that the greatest buying opportunities often arrive at moments of extreme stress in the financial system.  Positioning one’s mind, and one’s portfolio, to exploit such moments is vital for generating something other than mediocre performance for the long term. …