President, Donald Smith & Co., Inc. Smith runs an investment firm in New York. He holds a law degree from UCLA and an MBA from Harvard and sits on the boards of the Foundation for Economic Education and the Central Park Conservancy. He and his wife Paula have been supporters of the Cato Institute for more than a decade and have attended many Benefactor Summits and Cato Club 200 retreats. The Donald & Paula Smith Family Foundation cosponsors Cato’s twice yearly seminars in New York and runs a series of debate programs.