Marc Faber Sees Better Potential In Buying Vietnam and Macau Than China

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Marc Faber : Do not Buy China , Buy Vietnam and Macau Instead

The famous investor Marc Faber who is a contrarian in nature says that he wouldn’t touch Chinese stocks even after their precipitous decline, instead pushing the investment case for Vietnam equities, Hong Kong-listed Macau gaming stocks and gold mining shares. “I am a buyer when markets are undervalued and attractive and then I get out relatively early. So we were buyers a year ago in June/July of 2014,” Faber, the author of the “Gloom, Boom and Doom Report”, said, referring to Chinese equities. “Now, I don’t think that Chinese stocks are attractive and I would just stand aside.”

Faber contends that growth in world’s second largest economy has “slowed down to trickle”, adding that 6-7 percent growth is a “pipe dream.”

To read more about Marc Faber’s investments and views:

Marc Faber Macro & Stock Views

visit: http://www.octafinance.com/marc-faber/

  • Short the Australian Dollar on Rebounds
  • Hold Diversified Portfolio
  • Bullish Chinese Stocks
  • Emergings Markets are Better Value Than Developed
  • Higher Volaility

as of January 2015

Read more from Marc Faber:

Marc Faber is on titanic

Marc is long some gold miners

May Gloom Boom and Doom report

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