Marc Faber (fund manager)

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Marc Faber (born February 28, 1946 in Zurich ; legal resident in Trimbach ) is a Swiss stock market expert, fund manager and book author.

Faber studied economics and business administration at the University of Zurich . In addition to his studies, he also became a university champion in skiing in Zurich. In London and Edinburgh, he was with a dissertation on the economic history doctorate . From 1970 to 1978 he worked for White Weld & Company in New York, Zurich and Hong Kong. From 1978 to February 1990 he was Managing Director at Drexel Burnham Lambert . In 1990 he founded the investment company Marc Faber Ltd. based in Hong Kong. In 2007 it managed around 300 million dollars.

Faber is considered a pessimistic stock market guru . Faber is editor of the Gloom Boom & Doom Report . He is therefore also “ Dr. Doom "called.

Faber compares the massively liquidity-driven economy, which is decoupled from the real economy, with an ever-growing cancerous tumor. It will lead to the “ultimate collapse” that will set the “foundations of our capitalist society on fire”.

Marc Faber now lives in Chiang Mai with his wife .

Works

  • Asia as a future market. The discovery of the Asian markets . 2003, FinanzBook Verlag, ISBN 3-89879-046-0
  • with Nury Vittachi: Riding the Millennial Storm: Marc Faber's Path to Profit in the New Financial Markets . 1999, John Wiley & Sons (Asia) Pte Ltd, ISBN 0-471-83205-7
  • The Gloom Boom & Doom Report , ISSN  1017-1371 ; German license edition ed. v. Börse Inside Verlag, translation by Torang Sinaga, Endingen 2003 ff.,
  • Tomorrow's Gold - Asia's Age of Discovery , CLSA Books, ISBN 962-86067-2-7

Web links

Individual evidence

  1. a b c d e f g Ingo Narat: lateral thinker with a good hit rate. Stock market star Marc Faber expects a slump in stocks and sees the central bankers as the culprits. His advice: mix different systems , in: Handelsblatt , No. 148 of August 5, 2014, pp. 30–31.
  2. Gerd Hübner: Marc Faber - Capitalism is at an end. Tomorrow Focus , November 12, 2013, accessed December 7, 2013 .