Monday, May 20, 2013

Marc Faber : If you want to be a Successful Investor you also have to have some patience

Marc Faber : “If a year ago I told you ‘look you should buy some Japanese shares’, then for nine months you would have complained and said ‘look I bought ­Japanese shares and they never move, and all the other markets are moving up’.

“I always tell people if you want to be a successful investor you also have to have some patience and you can’t measure your performance according to an index.

“I don’t take new money. But if ­someone came and said ‘here is a billion dollars and I give you 50 per cent of the profits’ I would maybe take it.” - in The Australian Financial Review.


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