Ode to Doug Kass:

How’s this for a rough year?

7-22-08: “This morning, I conveyed one ludicrous forecast, so now I have another one. As I also recently mentioned on The Edge, I suspect there is a growing chance that we have seen the low’s in the major averages.”

11-13-07: “I believe that equities have hit their lows for the balance of the year and bond yields (particularly of a 10-year U.S. note kind) have hit their lows (in yields) and high (in prices) as well.

I see bad (read: crowded) shorts in equities and even worse longs in bonds.

Position: Long QQQQ; short TLT”

Do people just get off on talking? Love the substance to back up the claims, also.