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Marc Faber: 'I Don't Deserve to Become Well-to-do Through Capital Gains'

Thursday, 7 Mar 2013 | 3:20 PM ET

"Doom, Boom and Gloom Report" editor Marc Faber tells "Closing Bell" he owns stocks even though he expects a major downturn this year. He adds that he believe "people become rich through work" and he doesn't "deserve" to be wealthy through capital gains.