Marc Faber Bio | Wiki
Marc Faber (nicknamed “Dr. Doom”) is a popular Swiss investor based in Thailand who is the publisher of the Gloom Boom & Doom Report newsletter, as well as the director of Marc Faber Ltd, which acts as an investment advisor and fund manager. He also works as a director, advisor, and shareholder of a number of investment funds that focus on emerging and frontier markets, such as Asia Frontier Capital Ltd.’s AFC Asia Frontier Fund.
Marc is credited for advising his customers to get out of the stock market before the October 1987 crash, and within 2005-06 writing extensively about an impending crash of home prices, before the 2007–2008 financial crisis. In 2017 Marc was criticized for racist remarks. During the 1970s, Marc worked for White Weld & Co. in New York City, Zurich, and Hong Kong. Marc moved to Hong Kong in 1973. Marc was also a managing director at Drexel Burnham Lambert Hong Kong from the beginning of 1978 through the firm’s collapse in 1990. In 1990, Marc set up his own business, Marc Faber Limited.
Marc Faber Age
Marc was born on February 28, 1946, in Zurich, Switzerland. He is 77 years old. Marc celebrates his birthday on February 28, every year.
Marc Faber Height
He is a man of average stature. Marc stands at a height of 5 ft 8 in ( Approx. 1. 72m ).
Marc Faber Family
He was born in Zurich, Switzerland, to his parents. He holds Swiss nationality. At the moment, Marc has not disclosed any details regarding either his parents or if he has siblings.
Marc Faber Wife
Marc is married to his wife Supatra Faber. He has a child named Nantamada Faber. He lives in Chiang Mai, Thailand, though he keeps a small office in Hong Kong.
Marc Faber Education
Marc schooled in Zurich and Geneva, where Marc raced for the Swiss National Ski Team (B-Team). He pursued economics at the University of Zurich and, at the age of 24, earned a Ph.D. degree in Economics, graduating magna cum laude.
Marc Faber Economist
He is considered one of the world’s premier economists and stock market investors. Known for his “contrarian” investment approach, Marc is renowned for his timely market predictions. Marc is also the author of an Amazon best seller, Tomorrow’s Gold- Asia’s Age of Discovery, has been a regular contributor to many of the world’s leading financial publications, and is a publisher of the widely read Gloom Boom & Doom Report. He is credited for advising his clients to get out of the stock market before the October 1987 crash.
In 2001, Marc told investors to buy gold; it then more than doubled. Marc correctly predicted a decline in the US dollar since 2002. In 2005-06, he wrote extensively about an impending crash of home prices. In May 2006 Marc said he would advise Swiss pension funds to move assets out of the US because the Fed had “created bubbles all over the place that could lead to one volcanic eruption after the other”. Marc in 2007 correctly 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.
Marc Faber Blog
As per his blog, Marc writes the monthly paper investment newsletter The Gloom Boom & Doom Report, as well as the online subscription letter “Monthly Market Commentary”. “THE GLOOM BOOM & DOOM” report highlights unusual investment opportunities.
Marc Faber Latest Interview
In May 2023 Marc joined Small Caps in an interview to share his views on the global economy. During the interview, Marc discussed the role of central banks in the current global economic crisis and how their focus on asset inflation has led to the misallocation of capital and a generation of people who can’t afford to buy properties minus excessive leverage. Marc also warned of an inflation crisis as interest rates rise and the negative impact of invisible taxes such as inflation on people’s cost of living.
Marc Faber Latest News
On March 27, 2013, Marc said that the U.S. was creating nowhere-to-hide bubbles in many emerging economies including Indonesia, the Philippines, and Thailand (up four times from 2009 lows).
Marc Faber 2022
In 2022, Marc saw the combination of ‘too much debt’, asset bubbles, a moribund global economy, as well as smoldering social unrest resulting from historic levels of wealth inequality serve as a pressure cooker that will break badly somewhere in the system.
Marc Faber CNBC
As per CNBC, Marc said in 2017 that the U.S. economy is “terminally ill,” and the current outlook doesn’t seem to be improving. Marc had previously appeared on CNBC calling for a giant correction of as much as 40 percent in the market. Marc’s bold calls have led various analysts and traders to question his market predictions.
Marc Faber Net Worth
He gets his wealth from his work as an investor who is the publisher of the Gloom Boom & Doom Report newsletter, as well as the director of Marc Faber Ltd, which acts as an investment advisor and fund manager. Therefore, Marc has accumulated a decent fortune over the years. Marc’s net worth is $6 million.
How Old Is Marc Faber
Marc is a 77-year-old who was born on February 28, 1946, in Zurich, Switzerland. Marc celebrates his birthday on February 28, every year.
How Tall Is Marc Faber
Marc is a man of average stature who stands at a height of 5 ft 8 in ( Approx. 1. 72m ).
Who Is Marc Faber
He, who studied at the University of Zurich and received his Ph.D. in Economics at the age of 24, is considered one of the globe’s premier economists and stock market investors. Recognized for his “contrarian” investment approach, Marc is renowned for his timely market predictions. Marc is also the author of an Amazon best seller, Tomorrow’s Gold- Asia’s Age of Discovery, has been a regular contributor to many of the world’s leading financial publications, and is the publisher of the widely read Gloom Boom & Doom Report.
Marc Faber Social Media Account
Twitter – @gloomboomdoom