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Wednesday, April 24, 2013

Even the worst asset has a good price and can double

The worst asset has a price at which a purchase is advisable - it can go up. I always say if Greece can double in price, any garbage in the world can double in price. A while ago the best asset to own was the most widely held hedge fund stock - Apple and it tanked 37 per cent. Now it can rebound but I’m saying it doesn’t matter what you buy, it’s the price at which you buy something that matters.

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

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