Kass is president of Seabreeze Partners Management, a hedge fund, where he's described as "legendary hedge fund manager Doug Kass." Last month, according to blogpost at the Wall Street Journal Kass said he had taken "a small short position" in stock-darling Tesla Motors. As the blog notes, "Short sellers borrow shares to sell them in hopes of buying them back cheaper at a later date, aiming to profit from a price decline."
A website called PunditTracker scored Kass on his 2013 predictions, giving him an F grade, based on getting one right and 11 wrong. Our favorite: his prediction of "Signs of life are found on Mars in 2013," which, alas, turned out to be "False."
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