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Podcast: My Worst Investment Ever Podcast
Episode: Marc Faber - The Value of True Diversification
Description: BIO: Dr. Marc Faber, renowned for his unconventional expertise in investment strategies, is a fund manager and author. He serves as the editor of the “Gloom Boom & Doom Report” and the “Monthly Market Commentary,” earning international recognition as the pessimistic stock market expert “Dr. Doom.”STORY: Marc recounts getting caught on the wrong side of the late-1990s dotcom bubble. He had been convinced that the tech crash was imminent and had taken heavy short positions, but at the turn of the millennium, the Fed injected massive liquidity. This unexpected rally sent the NASDAQ soaring another 30% into March 2000...