The Great Money Illusion; The Confusion Of The Confusions

Marc Faber's contrarian approach to investment does not always find favour with the typical client. And his pessimistic but accurate prediction of the 1987 crash justified the nickname, Dr. Doom. In The Great Money Illusion Marc Faber analyses the financial ups and downs of the last forty years. From Switzerland to London, New York to Hong Kong, he captures the moods of the market participants: their excessive greed and carelessness during the bull run; their post-crash fear and panic. Marc Faber's encounters with some of the leading financial players provide rare insight into their investment strategies. His personal views of the markets of the future completes this remarkable study. Marc Faber is [at time of publication] managing director of Drexel Burnham Lambert Ltd. Born in Switzerland and educated in Zurich and London, he holds a PhD in economics and has worked in New York, London, and Hong Kong.