Marc Faber outlook for the next 5 years

I don’t know how the world will look in a five years’ time; we may have another recession or depression. We may have to deal with high inflation. The bond market and the equity market may break. We don’t know how the world will look like in the next five years because we are not dealing any longer with free markets but with markets that are distorted by continuous intervention by the government. So, making any prediction is very difficult. My advice would be to diversify 25 per cent of your assists in real estate, 25 per cent in equities and 25 per cent in cash and bonds and 25 per cent in precious metals. - in NDTV

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

Who is Marc Faber ?

Dr. Marc Faber, born February 28, 1946, is an investment analyst and entrepreneur. Faber was born in Zürich and graduated in Geneva, Switzerland, where he raced for the Swiss National Ski Team. He studied Economics at the University of Zurich and, at the age of 24, obtained a Ph.D. degree in Economics.. Faber has a reputation for being a "Contrarian" investor and has been called "Doctor Doom" for a number of years. Faber is a regular speaker on the investment circuit and best known for the Gloom Boom & Doom Report newsletter. He has also written several books.

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