Subscribe via Email:

Tuesday, May 1, 2012

Private Sector vs Government

Whatever the government does, it does it much worse than the private sector. Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Phoenix Housing Market

Marc Faber : I was in Phoenix the other day. Then, the taxi driver took me to the hotel, nice hotel, in Fairmont. And then he told me, "the person that I just drove before you—I drove him to a five-bedroom house". He told me, "he just bought it for $120,000". Where in the world can you buy a five-bedroom house for $120,000? I would buy it, live in one bedroom and rent out four bedrooms to concubines. - in Bloomberg  


Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
MARC FABER BLOG

Popular Posts