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Marc Faber shares his views on: stocks, bonds, cash, India, gold, silver, real estate, the global economy, covid-19

Equitymaster, Released on 10/6/20

Marc Faber shares his views on a range of topics: stocks, bonds, cash, gold, silver, real estate, the global economy, covid-19, and a lot more.

Dr. Faber is bullish on India and owns Indian stocks via an ETF. He believes India is a top destination for global investors and that will not change. In fact he says the Indian economy will be the among the 3 largest In the world within twenty years! Now that’s a strongly bullish statement on India coming from one of the best investors in the world. He also talked about his personal investments and why he is investing his money the way he is right now.

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.

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