Saturday, September 21, 2013

Marc Faber collection of Chairman Mao posters & Badges

Faber, who lives in Thailand and races around on motorbikes, began building a stash of Chairman Mao posters, badges and other collectibles in the '70s when Mao was close to death.
Once worth just a few cents each, some of the 330,000 badges he bought are now worth at least $150 apiece. But Faber is in no hurry to sell. "I don't need the money," he says. "It's an unusual collection, and I have a very large office." - in The Wall Street Journal




Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.