MARC FABER HAS made some controversial investment calls in his time. Known for his eccentric style and by the nickname 'Dr Doom', the Swiss contrarian has just put his theories to paper in Tomorrow's Gold: Asia's age of discovery. He also writes the Gloom, Boom & Doom report.
Q: Dr Doom, do you consider yourself bearish?
A: That's not correct, I'm very optimistic. Otherwise I wouldn't ride motorbikes in Thailand.
The book is very positive about Asia. I put in my introduction that it's not a book about being bearish and bullish, but identifying trends.
Q: What's your big theory?
A: A lot of people are far too focused on daily fluctuations in markets and momentum and are more driven by their clients to have performance on a weekly basis than on really identifying what has huge upside potential and relatively modest downside risk.