1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Dheeraj Grover
Dheeraj Grover
Articles (493) 

Marc Faber: Central Bank Action Priced into Equities

September 07, 2012 | About:

Renown doom predictor and publisher of "The Gloom, Boom and Doom" report was on CNBC to discuss his views on Central Bank actions around the world. He thinks QE3 in the U.S. and the new bond buying program announced by the ECB are already priced into the market.

-- Free market is the best system in the world; capitalism works.

-- All government interventionists into the economy should be sent to North Korea to see what disastrous consequences are when government interferes in the economy.

-- Portfolio weightings - he is light on equities because he is seeking diversification, has roughly 25% in equities, 25% in real estate, 25% in cash and emerging market bonds.

-- Debt of Khazakstan is much higher quality vs. U.S. government debt.

-- He has more exposure to Asia, and he also bought Europe as the thinks it got way cheap.

Here is the video:

About the author:

Dheeraj Grover
I am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne

Rating: 2.5/5 (4 votes)


Please leave your comment:

GuruFocus Mobile App

User Generated Screeners

fgoldwynProfitable Value
alexhcyuInsider Buy 3 Months
blohmventuresprice/earnings power. p/fcf
blohmventuresprice/earnings power
blohmventureslow coverage sp500 pb and p/fc
blohmventuresminimal coverage but in sp500
teichman82interesting 2
apliszkaInsider >$5
blohmventurespetrovski score and earnings p

Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)