19 October, 2010

My Worst Investment Decisions

My worst investment decisions so far is to lend money to friends. So far, it has all came to zero.

Shorting the Nasdaq in 1998 was also a disaster, and it will remain, in my life as an investment advisor and fund manager, a very black spot. The damage was considerable.

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.