A series of Videos from Marc Faber - Investment Advisor

 

 

 

 

 

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Faber's company, Marc Faber Limited, acts as an investment advisor company concentrating on value investments with tremendous upside often based on contrarian investment philosophies. Faber also invests and acts as a fund manager to private wealthy clients. Faber is a regular speaker on the investment circuit, often quoted in the financial press for his non-conformist viewpoint and alternative investment philosophies. His current — if eccentric — tagline is: 'buy a $100 US bond and frame it to teach your children about inflation by watching the US bond value diminish to almost nothing over the next 20 years'.

Faber is famous for advising his clients to get out of the stock market one week before the October 1987 crash.

A lot of people say that he gets the trend right, but the timing wrong. The prime example was his calling NASDAQ top and advising investors go long commodities, including gold, in 1999: He lost money shorting US stocks since 1999. Now he admits that market timing is very difficult. His market advice since 2000 is quite accurate and he predicted the rise of oil, precious metals, other commodities, emerging markets and especially China in his book (Tomorrow's Gold: Asia's Age of Discovery). He also correctly predicted the slide of U.S. dollar (since 2002) and the 5/06 and 2/07 mini-corrections. He states that there are few value investments available now, except for farmland and real estate in some emerging markets like Argentina and Vietnam. He believed in early 2007 that a major market correction was "imminent." (Fox News, 2-2007); however, by 5/2007 he was saying that the U.S. equities were moderately overvalued -less so than the emerging markets.

His most recent interview (June 2008) goes over his bearish views on a wide spectrum of investments: stocks, real estate and commodities. He is extremely critical of the Fed's inflationary actions. However, his views for the short-run are almost deflationary except for holding precious metals; Faber still views hyperinflation as a certainty within the next 10 years. On March 9 2009 Faber correctly predicted US stock market bottom.