| “Indian stocks are down 40% in dollar terms in the last 2.5 years,” says, Marc Faber, Investment Guru, Editor and Publisher, The Gloom, Boom & Doom Report.
He adds that EM consumer discretionary companies are very expensive. Watch as Faber tells Bloomberg TV India that it is a miracle that Indian economy has developed despite its government. www.btvin.com |
Marc Faber (born February 28, 1946) is a Swiss investor based in Thailand. Faber is publisher of the Gloom Boom & Doom Report newsletter and is the director of Marc Faber Ltd, which acts as an investment advisor and fund manager. Faber also serves as director, advisor, and shareholder of a number of investment funds that focus on emerging and frontier markets, including Leopard Capital’s Leopard Cambodia Fund and Asia Frontier Capital Ltd.'s AFC Asia Frontier Fund.
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