Kass vs Stein
Saturday, February 2nd, 2008A few weeks ago I disagreed with Doug Kass about when to buy stocks in the financial sector, but in reading his latest article on TheStreet.com, I’m in full agreement with him on this topic. I too had read Ben Stein’s NY Times column “Can Their Wish Be the Market’s Command?” and I also disagreed with Ben Stein’s conclusions. I even started a blog post detailing why I thought Mr. Stein was wrong, but I didn’t have enough time to make my points at the time, so I didn’t publish it.
It looks like Doug Kass has the same thoughts that I do regard Ben Steins column - it’s basically nonsense! Mr. Kass did a better job of explaining it that I could have done, so I encourage you to read his post - he makes the points I was going to make, and he makes them better than I would have.
gk
http://www.thestreet.com/story/10400657/1/kass-ben-stein-blames-you.html
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