Friday, July 3, 2009

Moonwalking with Faber

Comments from Marc Faber at the AsianInvestor Investment Forum.

Marc Faber thinks there are opportunities in Asian healthcare, in banks in countries like Thailand (where the Lehman structured note salesmen found the people too unsophisticated to buy their product), tourism, and naturally gold. On the property side, he recommends avoiding condos in financial centres and buying farmland.