Marc Faber : For the average investor like myself, I prefer diversification and no leverage. I have seen time and again investors (including myself) be right about an asset class’ future performance but fail to convert those views into any capital gains… All I wish to say to my readers who are not managing risk on a daily basis is that the prime consideration should always be capital preservation and avoiding large losses.
in wallstreetpit.com
Friday, July 9, 2010
Marc Faber appointed on NovaGold Board
NovaGold Appoints Marc Faber and Igor Levental to Its Board
VANCOUVER, BRITISH COLUMBIA, Jul 08, 2010 (MARKETWIRE via COMTEX) -- NovaGold Resources Inc. (CA:NG 6.73, +0.19, +2.91%) (NG 6.54, +0.26, +4.14%) today announced the appointment of Dr. Marc Faber and Mr. Igor Levental to its Board of Directors.Dr. Faber has over 35 years of experience in the finance industry and is the Managing Director of Marc Faber Ltd., an investment advisory and fund management firm.
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