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

3:20 PM ET Thu, 7 March 2013

"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.