February 26, 2014

Doug Kass short Berkshire shares

I remain short Berkshire's shares. 

Last year Warren Buffett labeled me a "credentialed bear" and invited me to ask some hard-hitting questions at Berkshire Hathaway's annual shareholders meeting. I did quite a lot of research in preparation for that day, and I think that is what Warren expected of me and why he invited me.

It was important for me to balance my hard-hitting and pointed questions with a courteous and respectful delivery, considering the extraordinary accomplishments and the respect we all have of the men that I was addressing and the unique invitation to a short seller who was negative on their company. 

http://www.thestreet.com/story/12410011/1/kass-buffetts-moats-are-breached.html

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