Well, I think that asset markets move up and down, and they go from a rising phase into a boom phase and into collapse and then people are gloomy and there is gloom around, and then the market bottoms out. Then the whole process starts again.
So i think as an investor you have to realize occasionally markets are overvalued, and occasionally they're undervalued. - in CNBC
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
