Marc Faber

Marc Faber was born in Zurich, Switzerland and received a PhD in economics from the University of Zurich at the age of 24. He joined White Weld & Company in Hong Kong and later worked for Drexel Burnham Lambert as managing director in Asia, where he developed deep expertise in Asian equity and emerging markets. In 1990 he founded Marc Faber Limited and began publishing the Gloom, Boom and Doom Report, a monthly newsletter providing contrarian market analysis and commentary. Faber became widely known for his prescient call to sell stocks before the Black Monday crash of October 1987 — one of the best-documented crisis predictions in financial history. He has been a persistent long-term bull on gold as an inflation hedge and store of value, and an early investor in Asian emerging markets when they were largely ignored by Western capital. Faber is notable for his willingness to hold contrarian positions for extended periods and for his direct, blunt style of commentary. He is a frequent speaker at investment conferences globally and has appeared regularly in financial media. The Gloom, Boom and Doom Report is read by institutional investors seeking alternative macro perspectives. His investment framework combines Austrian economics, monetary theory, and a deep scepticism about government intervention in markets. He is known for forecasting more crises than have occurred — a tendency common to bearish macro strategists — but his major calls have been well-timed.