Equitymaster, Released on 7/29/22
Any conversation with Marc Faber is fascinating. And that’s because he draws from deep into history to show why things are happening the way they are…and the way they could in time to come. In this episode we talk about his 50 yr + journey in the investment world, his latest views on Asset allocation and his views on Modi’s India. To my surprise, Marc also talks about our foreign minister, Jaishankar.
Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In 1990, he set up his own business, Marc Faber Limited which acts as an investment advisor and fund manager. Dr. Faber publishes a widely read monthly investment newsletter, “The Gloom Boom & Doom Report,” which highlights unusual investment opportunities, and is the author of several books including Tomorrow’s Gold: Asia’s age of discovery which was a best seller on Amazon. Dr. Faber is known for his “contrarian” investment approach and charismatic personality. He became infamous after calling the 1987 crash in US equities.