Wealthion, Released on 1/10/24
In this episode, host Eric Chemi engages with Marc Faber, the Editor and Publisher of ‘The Gloom, Boom & Doom Report.’ Known for his candid and often contrarian views on the economy and financial markets, Marc Faber offers a wealth of insights. From assessing the quality of global leadership to the impact of central banks’ policies on economies and personal investments, Faber delves deep into the current financial landscape. Don’t miss his unique perspective on where to invest and the potential future of the global economy.
02:18 – Global Leadership and Bureaucracy Concerns
06:36 – Investment Strategies in a Turbulent Economy
20:13 – Marc Faber’s Hypothetical Approach as Fed Chair
26:31 – Investment Tactics in a Money Printing Environment
35:13 – Global Investment Opportunities and Risks
42:37 – Advice for Working Class Families
50:45 – Marc Faber’s Personal Investment in the U.S.
53:31 – Allocating Investments in Emerging Markets
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.