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Investing: Is Apple More Valuable than Gold?

Complete video at: http://fora.tv/conference/big_picture_conference_2011 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. ----- 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. 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.
Length: 03:17

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