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One Reason 'Buffett's Bear' Is Short Berkshire

Monday, 4 Mar 2013 | 5:40 PM ET

Warren Buffett told CNBC today that investor Doug Kass will be the designated "bear" at this May's Berkshire Hathaway shareholders meeting. His job is to ask Buffett and Charlie Munger "tough" questions during the multi-hour Q&A session. On "Fast Money," Kass tells why he's excited to get the job, and reveals one reason he's short Berkshire shares.