Monday, July 16, 2012

Marc Faber Buying European Stocks For the first time in his life

Marc Faber : 'For the first time in my life, I have been Buying European Stocks because I can see the markets of Portugal, Spain, Italy, Greece and France near the March 6th 2009 lows,’
‘These markets, compared to the rest of the world are very cheap and some stocks are perfectly fine companies but because these markets were very weak and because there is a threat of a euro break-up, everything has come down to very low valuations.’ Marc Faber told Citywire Global on Monday from his home in Thailand - in Citywire Global
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Labels:Marc Faber Dr. Doom

Dr. Marc Faber Tomorrow's Gold







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.