Ep. 223: Marc Faber Interview with Michael Covel on Trend Following Radio

Published: March 26, 2014, 7:01 a.m.

My guest today is Marc Faber, a Swiss investor based in Thailand. He is the publisher of the Gloom Boom & Doom Report newsletter and the director of Marc Faber Ltd, which acts as an investment advisor and fund manager.

The topic is economics.

In this episode of Trend Following Radio we discuss:

  • Current state of Russia
  • Changing geopolitics
  • Faber\u2019s experience living through the Cold War
  • The difference between Crimea\u2019s value to the west and its value to Russia
  • Why the Russians perceived the uprising in Kiev to be financed by western power
  • China\u2019s reaction to the situation in Crimea; the construction boom in China
  • The difficulty of forecasting China\u2019s geopolitical changes
  • Positive and negative valuations of the market, and finding investments to be \u201ccheap\u201d or \u201cexpensive\u201d
  • Faber\u2019s advice to young people following his path today in the face of money printing and bailouts
  • What can be done about wealth inequality
  • Making a living in the face of instant communication and globalization
  • Central banks\u2019 role in wealth inequality
  • Why money printing leads to bubbles
  • Warren Buffett\u2019s involvement with the bailouts, and how his government connections have helped his investments
  • How governments are assimilating everything
  • \u201cCapitalism and Freedom\u201d by Milton Friedman
  • The cost of large government in the US and elsewhere
  • Faber's views on relationships, contrasting the West and Asia along with Facebook fame

Jump in!

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I\u2019m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I\u2019m proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show.

To start? I\u2019d like to give you a great piece of advice you can use in your life and trading journey\u2026 cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/

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