Veteran investor

How bearish market predictor Marc Faber got his name Dr Doom

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How bearish market predictor Marc Faber got his name Dr Doom

Marc Faber, a veteran Swiss investor based in Thailand, is renowned for his bearish market predictions. He has earned a reputation for accurately forecasting economic downturns and is famously referred to as Dr Doom. Speaking to ET Now, Faber revealed how he earned the epithet. The story dates back to the 1970s. Faber relentlessly wrote … Read more

Mark Mobius says hold 10% in gold as currencies will be devalued

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Mark Mobius says hold 10% in gold as currencies will be devalued

By Abhishek Vishnoi and Ranjeetha Pakiam Veteran investor Mark Mobius said investors should have 10% of a portfolio in gold as currencies will be devalued following the unprecedented stimulus rolled out to fight the coronavirus pandemic. At this stage, “10% should be put into physical gold,” said Mobius, who set up Mobius Capital Partners after … Read more