Thursday, August 20, 2015

Marc and Supatra Faber & The Mao Collection

CHIANG MAI, Thailand — In the late 1970s, Marc and Supatra Faber lived in a 1,700-square-foot Hong Kong apartment. It was large by the crowded city’s standards, he said, but he still felt cramped.
Mr. Faber, an investment adviser from Switzerland and editor of the Gloom, Boom & Doom Report, a financial newsletter, longed for a second home where he could find peace and quiet, he said. He was also looking for a large space to display the Mao Zedong posters and trinkets that he was busy collecting in mainland China.
“I said to myself, ‘It’s a pity to have this all in warehouses,”’ Mr. Faber said of his Mao collection, which now includes about 3,000 posters and 33,000 buttons with images of the Chinese Communist revolutionary leader. “‘I’d like to display it because, to some extent, it’s a historical document.”’
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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.