Doug on Film

By seadmin

I’m no expert on movies, but I do consider myself pretty knowledgeable when it comes to the economy and the financial markets. Well, this Friday, the world of film and financial markets will intersect with the opening of documentarian Michael Moore’s newest release, Capitalism: A Love Story.

Now, I’ve yet to see this film, but it doesn’t take much of a leap in logic to surmise that it’s going to be a knock on businesses and the free market. I find it ironic that Mr. Moore has become a very rich man by criticizing corporate America and the free market in his previous films Roger & Me and Sicko. It’s funny how capitalism is okay for him, but bad for the rest of us.

I am not looking forward to seeing this film, although I may go to see it just to understand why people think the way they do. I just hope that intelligent people read between the lines when watching Moore’s propaganda, because it seems to me that his real agenda is to discredit the very concepts that make wealth production possible.

If you do see this movie, try to keep these thoughts in mind. Better yet, don’t go see this movie. You can probably think of a lot better ways to spend your free time.

Jim Woods is a 30-plus-year veteran of the markets with varied experience as a broker, hedge fund trader, financial writer, author and newsletter editor.

His books include co-authoring, “Billion Dollar Green: Profit from the Eco Revolution,” and “The Wealth Shield: How to Invest and Protect Your Money from Another Stock Market Crash, Financial Crisis or Global Economic Collapse.” He’s also ghostwritten many books and articles, as well as edited content for some of the investment industry’s biggest luminaries. Read more about Jim Woods.

Grow Your Portfolio the Intelligent Way

Doug on Film