5 money moves ‘Dr. Doom’ is making now
August 18, 2011 at 15:26 PM EDT
Investment manager Marc Faber doesn’t take a contrarian stance in the strict sense; it’s more of a constant vigilance — capital preservation over capital appreciation — so that one can live now to fight for investment gains another day. He says, “If you’re bearish about the world, you’ll probably be better off in equities than in government bonds and cash.”