Thursday, June 26, 2014

Marc Faber Tips Vietnam Investments

As the keynote speaker at the Vietnam Investment Forum 2014, co-organised by Vietnam Investment Review, HVS Vietnam Securities Co. and Hong Kong-based Asia Frontier Capital (AFC), the investment guru focused on global macro-economic trends and geopolitical as well as financial trends. He also analysed the Vietnamese stock market.
“Vietnamese work hard and they have ambitions. Investors like countries with highly ambitious people,” said Faber, chairman of both Indochina Capital and the Dragon Capital-managed Vietnam Growth Fund. The investment guru has been involved in Vietnam since the early 1990s when Indochina Capital built their first project at the Furama Resort in Danang. After selling this resort, the firm then built the nearby luxury Nam Hai retreat. Indochina Capital are also investors in the Hyatt Hotel in Danang. - via

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.

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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.