Drawing upon the ideas and popular talent featured in his well-regarded blog, The Big Picture (www.ritholtz.com), Barry Ritholtz presents The Big Picture Conference, a one-day, on-demand event that offers sharp insight into the financial markets, the economy and the dangerous intersection between government and Wall Street.
Douglas Kass is the founder and President of Seabreeze Partners Management, Inc., which is also the General Partner of Seabreeze Partners Long/Short, L.P. From January, 2005 to August, 2009 Kass managed a dedicated short fund, Seabreeze Partners Short L.P.
From 2003-04 he served as the portfolio manager and principal of Demours Capital Management, LLC, which was the general partner and investment manager of Circle T Market Neutral Fund, L.P. and Circle T Market Neutral Offshore Fund, Ltd.
From 2001-2005 he was General Partner of Seabreeze Partners L.P. and from 1997-2003 Kass was the General Partner of Kass Partners, LLC, the predecessor firm to Kass Partners, Ltd., which was founded in 1997.
From 1995-96, he was senior portfolio manager at Omega Advisors, a $4 billion investment partnership. Before that he was executive senior vice president and director of institutional equities at JW Charles/CSG (1993-95) and First Albany (1991-93).
Kass was the General Partner of DAK Securities, an investment management company, from 1985-90. During 1984 he was a General Partner of Jakobson Kass Partners LP.
From 1978-83 he was a General Partner of Glickenhaus & Co (1978-83), and served as a vice president - analyst and economist - of Putnam Management (1974-78).
Kass started his investment career as a housing analyst at Kidder, Peabody in 1972.
Kass received his bachelor’s from Alfred University. In May 2010, he delivered the commencement speech to the graduating class of 2010. He received a Doctor of Humane Laws and is Vice Chairman of the University’s Investment Committee and a Member of the Board of Trustees. Kass received his MBA in Finance from the University of Pennsylvania’s Wharton School in 1972.
He serves as a Member of the Board of Directors of Empire Resources Inc. - a Nasdaq listed company.
He co-authored Citibank: The Ralph Nader Report with Ralph Nader and the Center for the Study of Responsive Law.
Kass has lectured on short selling and on the stock market at Harvard Business School, Yale University’s Graduate School of Management, The Kellogg School (Northwestern University) and at Seton Hall University.
Kass has been frequently interviewed in and has written numerous articles for Barrons including several cover stories and editorials. He has also been quoted in the Financial Times, the Wall Street Journal, the New York Times, the Washington Post and in many other newspapers around the world.
Kass, a CNBC contributor, is a frequent guest on the network’s The Kudlow Report, Street Signs, and Fast Money. He serves as a guest host on CNBC’s Squawk Box and has been seen on ABC’s Good Morning America and on NBC’s The Today Show.
Barry L. Ritholtz is one of the few strategists who saw the the coming housing implosion and derivative mess far in advance. Ritholtz issued warnings about the market collapse and recession in time for his clients and readers to seek safe harbor.
Dow Jones Market Talk noted that many market observers predict tops and bottoms, but few successfully get their timing right. Jeremy Grantham and Barry Ritholtz sit in the latter category. For the prescience of his market calls in 2009, he was named Yahoo Tech Ticker's Guest of the Year. (A summary of major market calls can be found here) His observations are unique in that they are the result of both quantitative data AND behavioral economics.
In 2010, Barry L. Ritholtz was named one of the "15 Most Important Economic Journalists" in the United States. Ritholtz writes a column on Investing for the Washington Post (His WaPo columns are here); he also contributes occasional column to Barron's and Bloomberg (See The Myth of Uncertainty). Previously, he authored the popular "An Apprenticed Investor" columns at TheStreet.com, a series geared towards educating novice and intermediate investors. Mr. Ritholtz has published more formal market analyses at the Wall Street Journal, Barron's, The Economist, and RealMoney.com. Mr. Ritholtz is a frequent commentator on economic data and financial markets. He is a regular guest on CNBC, Bloomberg, Fox, CNN, ABC, CBS, NBC, PBS, MSNBC, and C/SPAN. He has appeared on numerous shows, including Nightline, ABC World News Tonight, NBC Nightly News with Brian Williams, Fast Money, Kudlow & Co, and Power Lunch, and has guest-hosted Squawk Box on numerous occasions. He appears regularly on radio for Bloomberg, NPR, CBS, and other broadcasters.
Ritholtz has been profiled in the Wall Street Journal's Quite Contrary column (August 3, 2004; Page C3), and was the subject of a Barron's interview, titled A Leading Bear Turns Bullish, Sort of (December 8, 2008) and again in the Fall of 2010 Ritholtz is Modestly Bullish Again (October 26, 2010). His market perspectives are quoted regularly in the New York Times, Wall Street Journal, Barron's, GQ, Forbes, Fortune, Smart Money, Kiplingers, and other print media.
Doug Kass, founder and president of Seabreeze Partners Management, argues that the value of gold is entirely "sentimental," and that he'd prefer to invest in a company that has a known value, like Apple.