For Doug Kass, parting is tweet sorrow

The outspoken hedge fund manager has left Twitter.

By Wall St. Cheat Sheet Jun 19, 2013 3:45PM

copyright William Andrew, Photographer

As I reflect on Father's Day, life is far too short to be exposed to haters. So I have decided to leave this platform for while.
--Douglas Kass (@DougKass), on Twitter, June 16, 2013
Doug Kass is no doubt one of the more infamous hedge fund managers punctuating the marketplace. He is the founder and president of Seabreeze Partners Management, and is known for making wild -- and sometimes spot-on -- predictions about the market. 

He managed to accurately call the bottom in 2009 while remaining bearish during the recent run-up. Most recently, he made headlines for shorting Berkshire Hathaway (BRK.A)(BRK.B), and being invited to speak his mind at the firm's annual shareholder meeting.

However you feel about him, Kass is every bit a market participant and has been a member of the investment community since the early 1970s. He's a regular guest in the financial news media and a fairly prolific sharer of his opinions. This last personality trait is likely what drove him to Twitter, through which he shared his thoughts nearly 13,500 times before finally calling it quits.

As a highly-public figure with an opinion that is not always right, Kass has often found himself criticized for his positions. Shorting Berkshire or weighing in on Apple (AAPL) -- Kass decided to express a long interest in the stock at a time when it was popular to sell -- was bound to rub some investors the wrong way. Twitter being an unregulated social medium, it became a primary venue for people who disagreed to voice their opinions.

For the record, here's Kass on Apple (cnbc.com).

"I have a lot on my plate, and my day is too busy to fight unproductive battles with them on Twitter or in our comments section," he wrote on TheStreet at the beginning of June, foreshadowing the exit. "Bottom line: My policy going forward is to never respond to haters again in Real Money Pro's comments section and elsewhere."

For those interested in Kass' thoughts on Berkshire after his experience at the company's shareholder conference, here they are (cnbc.com).


1Comment
Jun 19, 2013 4:17PM
avatar
mr kass most of your opinions are like throwing darts to bad your not good at darts apple at this time is a screaming buy target price 615 !!! by the end of the year
Report
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
Categories
100 character limit
Are you sure you want to delete this comment?

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

STOCK SCOUTER

StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.

116
116 rated 1
284
284 rated 2
461
461 rated 3
671
671 rated 4
628
628 rated 5
618
618 rated 6
615
615 rated 7
495
495 rated 8
347
347 rated 9
115
115 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
DYNDYNEGY Inc10
TAT&T Inc9
VZVERIZON COMMUNICATIONS9
EXCEXELON CORPORATION8
AAPLAPPLE Inc10
More

VIDEO ON MSN MONEY

ABOUT

Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.

Contributors include professional investors and journalists affiliated with MSN Money.

Follow us on Twitter @topstocksmsn.