Useful investing resources - contrarian investors:
Marc Faber has made a lucrative career out of being a perpetual pessimist, earning himself the nickname 'Dr Doom'. Asia's gloomiest investor, Faber correctly predicted a number of market crashes, including the Japanese bubble in the early 1990s and the Asian financial crisis in the late 1990s. His website, the ridiculously named Gloomboomdoom.com, charges US$300 per year for access to his market analysis. His Twitter feed (@marcfaberblog), on the other hand, offers bite-sized doses of gloom and market analysis for free.
How an Economy Grows and Why It Crashes
Leave it to a contrarian investor such as Peter Schiff to create an animated, humorous and easy-to-understand guide to free-market economics and monetary systems. Schiff, a bearish commentator and television personality who made a failed bid for the US Senate and predicted the sub-prime mortgage crisis, wrote this book with his brother Andrew. For anyone wondering what has been fuelling and disrupting world markets for the past few years, Schiff's book delivers like few others.
Hot Commodities: How Anyone Can Invest Profitably in the World's Best Market
At a time when commodities are the investment buzzword, Jim Rogers' guide might not seem particularly groundbreaking. However, when the book was first published in 2004, 'commodities' was a dirty word in much of the investment world. Rogers, who gained wealth and renown through co-founding the Quantum Fund with George Soros, paints a clear picture of why commodities have a spot in every balanced portfolio.