Sunday, June 7, 2015
Faber : If one invests in India over the next 10 years, one will make more money than in the US
What are your top concerns as regards India as an investment destination now?
Marc Faber : I have maintained the view that if one invests in India over the next 10 years, one will make more money than in the US. But obviously you will have to live with volatility. In the last few years, we had a lot of index-related investing. In other words, people just bought the index through the exchange traded funds (ETFs) or index funds. I think that going forward, say in the next 5-10 years, stock selection will become increasingly important.
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.
Posted by Nicole Bourbaki