Friday, July 23, 2010

Marc Faber : Where to Invest in 2010 ? - the Russian Forum Feb 2010

Investments: Where is the Money in 2010 – What are the Risks?

Marc Faber asks how to invest $100,000 answers from Nassim Taleb, Hugh Hendry and others ...The video dates back in February 2010 , but it is still a great watch and very informative


NASSIM TALEB : Mother Nature is the smartest risk manager of all

NASSIM TALEB: Yeah, it's strangely enough in South Africa that I learned about the idea of Mother Nature. It came to me when I went to Pilansberg five years ago, I think, five or four years ago and I just realised that the national systems are now stable, start looking into the workings of Mother Nature as the smartest risk manager of all. Something that has worked for billions of species, for billions of years has to have some stability. So I rewrote The Black Swan, then completed The Black Swan, added a hundred pages on robustness and fragility - what is fragile and what is robust.
in 20 July 2010

Mohamed El-Erian on Money magazine

"The typical U.S. investor tends to have about 80% of equities in the U.S. The world of tomorrow suggests a much greater exposure overseas. In general, you should consider holding a third of your equities in the U.S., a third in industrial countries outside the U.S., and a third in emerging markets." PIMCO co-CEO Mohamed El-Erian told Money magazine

Common Sense from Marc Faber

Dr. Marc Faber, the economist, investor and long-time member of the prestigious Barron’s Roundtable, offers up some good perspective on investing in his latest Monthly Market Commentary newsletter.
The title of the commentary is “One of the First Duties of the Investment Advisor is Educating the Masses not to Speculate,” and it’s worth grabbing out a few of his key points.
I feel that most investors take far too many risks – often with borrowed money – and fail to diversify sufficiently. They also have little patience, very short-term time horizons and no tolerance for losses. Finally, their expectations about investment returns are completely unrealistic… Most investors buy a stock or make an investment with the view that within a month the return should be between 10% and 20%.

Read more:

Dr. Marc Faber Tomorrow's Gold

Dr. Marc Faber author of the Gloom, Boom and Doom report is a world class Investor, Doctor Faber 's typically controversial and contrarian views have earned him the label of Dr. Doom. Doctor Doom also trades currencies and commodity futures like Gold Natural Gas and Crude Oil.Even his harshest critics must admit that he's been unerringly correct in his market forecasts over the past three decades . Marc Faber is a Swiss investor.He was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna cum laude. Between 1970 and 1978, Dr Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. Since 1973, he has lived in Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In June 1990, he set up his own business, which acts as an investment advisor and fund manager. Faber is publisher of the Gloom Boom & Doom Report newsletter and is the director of Marc Faber Ltd which acts as an investment advisor and fund manager.

Dr Faber studied economics at the University of Zurich and, at the age of 24, obtained a PhD in economics. He publishes a widely read monthly investment newsletter The Gloom, Boom & Doom Report, which highlights unusual investment opportunities, and is the author of several books, including Tomorrow’s Gold – Asia’s Age of Discovery which was first published in 2002 and highlights future investment opportunities around the world. Tomorrow’s Gold was for several weeks on Amazon’s bestseller list and has been translated into Japanese, Korean, Thai and German. A regular speaker at various investment seminars, Dr Faber is well known for his contrarian investment approach. He is also associated with a variety of funds.