Description
Build a bulletproof portfolio with advice from a top market expert
Doug Kass on the Market: A Life on TheStreet™ provides investment advice and guidance from one of the most renowned traders in the world. Author Doug Kass distills his years of experience as a hedge fund manager and infamous short seller to share the theory, technique, and intuition that built his reputation and his portfolio. Anecdotes about interactions with Wall Street's most famous names, including Buffett, Cramer, and Cooperman, highlight tricks of the trade, essential value investor insight, and the secrets to being a smart short.
Doug Kass's reputation as a savvy investor is well-earned and widely recognized. His work on Wall Street gained him heavyweight status, and the friendship, the respect, and the ear of some of the biggest names in finance. As a CNBC regular and 2013 Buffet Bear, Kass is widely known as a trusted source of wisdom and profitable insight. In Doug Kass on the Market, readers learn valuable lessons that that will help them make smarter investment decisions. Kass lists the most important things to know when evaluating a possible long or short investment, and explains the things you're not doing to optimize your portfolio. Topics include:
- Going against the grain
- Data versus instinct
- Valuation, bubbles, and momentum
- Interest rates, inflation, and the Fed
The book also describes how to short a stock properly without losing out and discusses the C-suite conversations that fund managers would never tell a lay shareholder. Kass's record proves the value of his acumen, and this book contains a comprehensive account of his talent and techniques. All investors deserve a chance at a more robust portfolio, and Doug Kass on the Market provides the information and guidance that can make that happen.
Chapter
What a Long, Strange Trip It's Been
The Case for Short-Selling
Lehman Can't Blame Shorts
Stop Pointing Fingers at Short-Sellers
11 Ways to Fix the Short Ban
Leave the Short-Sellers Alone
In Defense of Short-Selling
Laugh at Your Own Expense
When the Bond Market Talks, Listen
Poker Is Flush with Insight for Traders
12 Investment Principles for the Abyss
Kill the Quants, Punish the ProBears
Six Ways to Right Your Wrongs
Four Stages of Market Turning Points
America's Pastime Applies to Markets
Let the Trading Day Commence
What to Do When You're Wrong
Beware the Stock Market Trading Jones
Addressing the Fiscal Cliff
Time Frames and Exposures
Such a Long Time to Be Gone and a Short Time to Be Here
10 Laws of Stock Market Bubbles
My Stock Market Super Bowl Indicator
The Great Decession: Subprime and Credit/Debt Crisis
Trouble Looms for the Homebuilders
Stretched Consumer Nears Tipping Point
When the Walls Come Tumbling Down
When the Walls Come Tumbling Down (Part Deux)
Housing Headed to the Woodshed
Housing's Softness Has Long Reach
Subpar Subprime a Growing Problem
Ratings Are Subprime's Dirty Secret
Subprime Fungus Will Spread
Four to Blame for the Subprime Mess
Fed Is No Savior in Subprime Slide
The Simple Math of Subprime's Slide
Housing Red Ink Could Spell Recession
Hedge Funds' Dirty Little Debt Secret
Don't Underestimate How Bad Things Are
No Quick and Easy Fix for This Market
Shaking Off the Credit Nightmare
Blinded by the Derivatives Boom
Two Solutions to What Ails the Market
Ready for the Bear Stearns Challenge?
Investors Have Lost Their Innocence
Wall Street Has Sold Out America
Harder than the Average Bear
The Parable of the Mustard Seed
Fear and Loathing on Wall Street
Printing an Important Market Bottom
It Ain't Heavy, It's a Bottom
The Little Market that Could
Experts Agree, Recession Is Over
Bearish Arguments Are Roaring
Top 20 Signs How Bad the Economy Is
The Decade of the Temporary Worker
The Scale Tips to the Bullish Side
The Lost Decade Has Passed Us
Equities Edge toward a Top
A Contagion of Black Swans
10 Reasons to Buy American
The Case for Shorting U.S. Bonds
Residential Real Estate Is Ready to Recover
A House Divided against Itself
Beware the Interest Rate Cliff
Housing Faces a Credit Event
Flawed Case for a Bull Market
Expect the Unexpected in 2014
Climbing a Wall of Complacency
Wall Street Personalities
The Bearded Prophet of the Apocalypse
Defending Cramer (Part Deux)
Leon Cooperman and James Brown: The Godfathers of Hard Work
Ben Stein Whistles Past Mortgage Mess
Curb Your Enthusiasm, Ben Stein
My Q&A with Nouriel Roubini
The Gospel According to Barton Biggs
An Open Letter to Sir Larry Kudlow
More Remarkable Tales of Boca Biff
11 Reasons to Short Berkshire
Buffett Veers Off His Investment Path
Warren Buffett Has Lost His Groove
Buffett Brought Down to Earth
Is This the End of Warren Buffett?
One of the Worst Beatings Ever
Buy American? I'm Damned!
Burlington Bet Could Derail Berkshire
My Pilgrimage to Warren Buffett's Omaha
Little-Known Facts about Warren Buffett
Conversing with the Oracle
Surprises in Store for 2004
Some Surprises in Store for 2005
Five More Surprises for 2012
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