Marc Faber, born February 28, 1946, is an investment analyst and entrepreneur.
Background
Faber was born in Zürich and schooled in
Geneva, Switzerland, where he raced for the Swiss National Ski Team. He studied
Economics at the
University of Zurich and, at the age of 24, obtained a
Ph.D. degree in Economics
magna cum laude. Faber is best known for the
newsletter and its related web site featuring "Dance of Death" paintings created by Kaspar Meglinger.
During the 1970s Faber worked for
White Weld & Company Limited in
New York City, Zürich, and
Hong Kong. He moved to Hong Kong in 1973. He was a managing director at
Drexel Burnham Lambert Ltd Hong Kong from the beginning of 1978 until the firm's collapse in 1990. In 1990, he set up his own business, Marc Faber Limited. Faber now resides in
Chiangmai,
Thailand, though he keeps a small office in
Hong Kong.
Faber has a reputation for being a
contrarian investor and has been called "Doctor Doom" for a number of years. He was the subject of a book written by Nury Vittachi in 1998 entitled
Doctor Doom - Riding the Millennial Storm - Marc Faber's Path to Profit in the Financial Crisis."Riding the Millennial Storm - Marc Faber's Path to Profit in the Financial Crisis". In
Global Investor Bookshop. Retrieved...
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