Doug Kass, president of hedge fund Seebreeze Partners, talks about his new book, Doug Kass on the Market: A Life on TheStreet.  This includes major rules for investors to follow when short-selling, how to be a true contrarian, and why common sense is an important tool when analyzing stocks. 
 
Doug also highlights how his debate with Warren Buffett in Omaha, in front of an audience of 60,000 people, was the highlight of his life. He then explains why the markets are in a bubble and a 20% pullback is highly likely.