Who is he: Marc Faber, Ph.D, publishes a widely read monthly investment newsletter, The Gloom Boom & Doom Report, which highlights unusual investment opportunities. Dr. Faber is the author of several books including Tomorrow's Gold – Asia's Age of Discovery, which was first published in 2002 and highlights future investment opportunities around the world.
Tomorrow's Gold spent several weeks on Amazon's bestseller list and has been translated into Japanese, Korean, Thai and German. Dr. Faber is also a regular contributor to several leading financial publications around the world.
A book on Dr. Faber, Riding The Millennial Storm, by Nury Vittachi, was published in 1998. A regular speaker at various investment seminars, Dr. Faber is well known for his "contrarian" investment approach. He is also associated with a variety of funds.
Dr. Faber describes himself as a free-market economist, but also notes that he uses other disciplines in his analysis as well. As an adviser he is not strictly speaking a value investor but uses a variety of tools. His clients, he says, expect some sort of profit on their funds every year. Simply beating market averages is not enough.
Background: Marc Faber was born in Zurich, Switzerland. He went to school in Geneva and then studied Economics at the University of Zurich, where at the age of 24 he obtained a Ph.D. in Economics magna cum laude.
Since 1973, Dr. Faber has lived in Thailand with an office in Hong Kong. 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 June 1990, Dr. Faber set up his own business, Marc Faber Limited, which acts as an investment advisor, fund manager and broker/dealer.
News & Analysis
|02/25/10||Marc Faber: 30 Percent Chance China Will Crash and Burn|
|05/29/09||Marc Faber Sees U.S. Inflation Rising to Zimbabwe Level|
|05/19/09||Marc Faber: Capitalism Could Fail|
|06/26/11||Marc Faber on 21st Century Investing, Why It's Too Late for the Dollar and Why Emerging Markets Look Good|
|08/10/11||Marc Faber: The Next Crash Will Be Much Worse Than 2008 ... Before Then Expect More Money Printing and More War|