David Tice Sees `Dramatically Lower’ Stocks in 5 Years

February 6 (Bloomberg) — David Tice, president of David W. Tice & Associates and manager of the $1.1 billion Prudent Bear Fund, talks with Bloomberg’s Deirdre Bolton and Michael McKee from Dallas about the U.S. credit market, investment strategy in the current environment, and the outlook for U.S. equities, the economy and business spending. (Source: Bloomberg)

Notable Quote:

“We want to urge investors to be defensive… If they choose to go there [Short ETFs] to defend themselves, that’s fine. We are on TV simply to alert investors to being long equities.”

Watch the video.