Marc Faber Favours Asian Assets

Sunday, October 7, 2012

Marc Faber Favours Asian Assets

Marc Faber said that he favours Asian assets thanks to the relatively healthier fiscal positions of economies in the region compared with the US and Europe. Thai equities, while not cheap based on historical valuations, still offer interest for investors, given potential returns of 5% for selected stocks."Marc Faber said speaking at an investment forum in Bangkok yesterday - in The Bangkok Post

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.