Sunday, February 26, 2012

Marc Faber invested in Thai Hospital Stocks & Food Companies Stocks

Marc Faber : yes I still own some ( Thai Hospital Stocks) but I sold some because they had a huge run-up , but i still own quite a few but my biggest positions are in food stocks in Thailand , because if you look at the competitive advantages Thailand in the production of food has a huge advantage because everything grows here and the climate is favorable for agriculture and these companies are relatively well diversified and I suppose technically quite advanced they are quite competitive in the world so that's one reason I own food and food related companies and in general in Asia I believe you want to be in consumption place because I can see that the trends is obviously towards higher and higher consumption
- in Stansberry Radio
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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.