Tuesday, July 24, 2012

Marc Faber Invested in Lower Quality Bonds

Marc Faber: Most of my bonds are what the rating agencies would consider lower quality, I don’t consider them as lower quality because they are corporate bonds and I think that a lot of corporations will rather survive than the governments. Some of these are Asian, Russian, some European. I own some Gazprom, ICICI bank in India – the big names. - in Citywire


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