Wednesday, June 3, 2015

Faber : I am not too keen on Taiwan


What about China and Hong Kong?

Marc Faber : Taiwan is highly dependent on the technology sector where there is a slowdown. I am not too keen on Taiwan but I am aware that some strategists recommend Taiwan and South Korea with a view that they will perform similarly to Japan and rise slowly. This, however, is not my view.
As regards Hong Kong, there are some drawbacks but the valuations are relatively low. One can buy Hong Kong shares, Singapore shares and they would have a dividend yield of around 5%. So it is not terribly expensive. But I don't think that they'll shoot up by 100%. This year, Hong Kong is already up 20%. - in Business Standard







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.