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 “‘I’d like to display it because, to some extent, it’s a historical document.”’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.