Investing in Russia

Monday, February 20, 2012

Marc Faber : I was a founder of the second Russian fund , with my partners and then they wanted me to sell out in 97 so I sold , I have from time to time investments in Russia and I own some bonds of Russian companies " and regarding the yields he is getting on those Marc Faber explains " well it depends on when you bought them , but in general my bond portfolio in Russian bonds has may be a yield of 7-8 percent something like this " - in Stansberry Radio interview

Dr. Marc Faber Tomorrow's Gold

Dr. Marc Faber author of the Gloom, Boom and Doom report is a world class Investor, Doctor Faber 's typically controversial and contrarian views have earned him the label of Dr. Doom. Doctor Doom also trades currencies and commodity futures like Gold Natural Gas and Crude Oil.Even his harshest critics must admit that he's been unerringly correct in his market forecasts over the past three decades
Dr Marc Faber was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna cum laude. Between 1970 and 1978, Dr Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. Since 1973, he has lived in Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In June 1990, he set up his own business, which acts as an investment advisor and fund manager.