Hello! Id like to ask: is Marc Faber correct in most cases? Is it right way to make investments decision on his advices?
He's managing director at Sprott in Canada now. (Sprott is one of Canada's most successful equity asset management firms) So aside from his ponytail a la Steven Seagal, and his comments about how everything is going to shit, he knows his shit.
good to read about the things he said, but can't really treat them as investment advice. he called to short tech stocks in 2000. he was correct but was way too early. he now mainly focuses on writing and speaking at conferences, but not managing any money.
How to lose money when listening to others. http://online.barrons.com/article/SB124485808376511895.html
Any site that bases its ranking on whatever gets typed in from web users is going to end up with silly data as soon as some of the people being ranked have their sales associates put in good ratings for them.