David Tice: Market Bear, Now Movie Bull

David Tice of Dallas, Texas, was famous for dire forecasts when he ran the Prudent Bear fund. But after he sold the fund, he helped bankroll an uplifting Hollywood film.

You had a reputation for gutsy calls as a fund manager. But isn’t the movie business truly risky? It is. And I always thought that it would be better to pick the low-hanging fruit by promoting movies that other people had produced, rather than going out and spending my own hard-earned money to produce one.

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Bob Frick
Senior Editor, Kiplinger's Personal Finance