Marc Faber Quotes

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Marc Faber

Profession : Businessman

Birth : February 28, 1946

I don't particularly like equities, but I think equities are a better space to be in than bonds.

Marc Faber

The fallacy of monetary policy in the U.S. is to believe this money will go to the man on the street. It won't. It goes to the Mayfair economy of the well-to-do people and boosts asset prices of Warhols... Very happy. Very good for the Fed. Congratulations, Mr. Bernanke.

Marc Faber

The entire political elite has mismanaged the Indian economy for the last 50 years. You cannot solve a crisis that is borne as a symptom of mismanagement in just five minutes or in a week. It will involve significant sacrifices and pain, and I doubt that in India there is the political will to face the music.

Marc Faber

I would rather buy Indian equities than the S&P 500.

Marc Faber

Over my career, somewhere, somehow I must've made some right calls. Otherwise, I wouldn't be in business.

Marc Faber

The media has brainwashed the electorate to expect the government to do something. The best economic policy of any government is to do nothing but reduce the size of the government, reduce the size of the laws, and reduce the size of regulations.

Marc Faber

If you're in any field, you should own a farm because one day you will be grateful that you are able to grow your own agricultural produce.

Marc Faber

It's pointless to talk to Fed members about economics because they are academics who believe in money-printing. Some of them believe they didn't print enough, and so with these kinds of people, it is like running to the pope. What do you want to tell them?

Marc Faber