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.
Two years ago, I was of the view that it would be healthy for the market to have a 20 percent correction and that's what I've expected. And many stocks have actually had 20 percent corrections over the last two years. But as I said, a limited number of stocks have driven up the indices. Now of course the indices significantly higher, let me remind you ... in three years, we've almost doubled. If you really believe that in the next few years, every three years the market will double, then go and buy shares because I don't believe that.
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.