Tracking Dr. Marc Faber of The Gloom Boom and Doom report , Marc Faber nicknamed Doctor Doom , a world class investor and a regular speaker at various investment seminars, Dr Marc Faber is well known for his "contrarian" investment approach.
I am not keen to own
Singapore Airlines or Cathay Pacific Airways because they have a lot of
competition from budget airlines. But I like some airline-servicing
companies based in Singapore, including SATS [SATS.Singapore], in the
catering business, and SIA Engineering [SIE.Singapore], which overhauls
aircraft. They have subsidiaries in many Asian countries. The stocks
yield around 4%. They aren't supercheap, and the Asian markets generally
aren't cheap enough for me. But longer term, if you want to park money
in Asia, both companies will do well.
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.