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July 27, 2007
Marc Faber on Markets
Marc "Gloom, Boom, and Doom" Faber gave some worth-hearing comments to Bloomberg late today. The subject was, of course, this week's adventures in the stock market. View here.
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Yeah, let's put all our assets in cash. Sounds like a fantastic idea. I love his line about "it would have been better to sell 10 days ago." Helpful!
While he's at it, he can go back on Bloomberg and let us know exactly when to get back into equities. I'm sure he'll be just as much of a genius then as he is now.