12 December 2007

Know About: Marc Faber, Investment Analyst

Marc Faber

Dr.[citation needed] Marc Faber (aka Dr. Doom) is an investment analyst and entrepreneur born in Zürich, Switzerland. Faber was born in Zurich and schooled in Geneva, Switzerland. He studied Economics at the University of Zurich and, at the age of 24, obtained a Ph.D. in Economics magna cum laude. Faber resides in Thailand and is best known for the Gloom Boom Doom newsletter and web site featuring "Dance of Death" paintings created by Kaspar Meglinger. During the 1970s Faber worked for White Weld & Company Limited in New York City, Zürich, and Hong Kong. He moved to Hong Kong in 1973. He was a managing director at Drexel Burnham Lambert Ltd Hong Kong from the beginning of 1978 until the firm's collapse in 1990. In 1990, he set up his own business, Marc Faber Limited. Faber now resides in Thailand, though he keeps a small office in Hong Kong.

Faber has gained a reputation as a contrarian investor. He has become a frequent speaker on various TV programs and forums in recent years. He is very bearish on the long-term outlook for the U.S dollar because he believes that the excessive money supply by Fed is inflationary and detrimental to the currency's value. He is very bullish on the long-term outlook for commodities.

More @ http://en.wikipedia.org/wiki/Marc_Faber


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