Investor Don Smith on the Economy
At FreedomFest in July, Reason's Nick Gillespie talked with investor (and Reason Foundation donor) Don Smith about the economy and his outlook for the market. Smith expects the US will continue putting off a meaningful resolution to its debt problem, but he's thrilled the issue is finally getting attention. Despite recent market woes, Smith is bullish on stocks: With money-market funds paying almost nothing, he says, where else are people going to put their money? Shot and edited by Jim Epstein. About 4.30 minutes. Held each July in Las Vegas, FreedomFest is attended by around 2000 limited-government enthusiasts and libertarians a year. Reason.tv spoke with over two dozen speakers and attendees and will be releasing interviews over the coming weeks. For a playlist of videos released so far, go here. Go to Reason.tv for downloadable versions and subscribe to Reason.tv's YouTube Channel to receive automatic notifications when new material goes live.
Tags: nick gillespie, reason magazine, libertarian, reason.tv, libertarianism, don smith, freedomfest, reason foundation
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@navtel
Day trading is gambling, investing in value in the long term is wise.
big don is in denial.. i wonder how much he has lost so he wants to see the market go up.. anyone investing in stocks is truely gambling.
kickin the can down the road
Interview Peter Schiff ... someone who actually got things right and called the housing collapse.