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. In theory investors could have done very well over the last 30 years with essentially three major trades. To buy gold, oil and silver in 1970 when the gold price was at US$35 an ounce, a barrel of oil at US$1.30 and silver at US$2. Then gone on a holiday and come back in Janary 1980 and sold gold at US$850, oil at close to US$50 a barrel and silver at close to US$50. Then worked for one week and worked out the next major investment and invested in Japanese stocks. You could then have gone on a holiday to the end of 1989. By that time you could have sold your Japanese stocks with a seven times' gain. Then you could have identified the Nasdaq and S&P500 (US stock indices) and sold them in 2000. Q: How does it feel to be an author? A: I'm always writing on economic matters, so it's not a new feeling. Each time it's like climbing a mountain, when you are writing. Once you finish it, it's better. Q: Will you be writing more? A: Unfortunately, this book is an economic book, CLSA is the publisher, I suppose they want something serious. If I was really free to write, I would have written two-thirds on nightlife in Asia, and a third on economic development. Q: You enjoy the nightlife? A: I spend a great deal of time in the nightlife. I never go to bed before four or five in the morning, I write during the night. I wake up at 9am and do some work in the afternoon. I take a nap at 7pm. I also spend time in nightclubs. Dancing, yes, it depends with whom. I only dance with women. Q: Where do you get your inspiration? A: I read a lot, I have met a large number of interesting people around the world. By having contact and access to these people, I was able to benefit from their knowledge and expertise. The book is based on what I'm writing, my knowledge is all acquired through the person I have interest in, have access to. Q: Who do you most admire or hate? A: I don't have a hate feeling for anyone, but I have no great admiration for Alan Greenspan or Donald Tsang, he created the biggest property bubble in Hong Kong. I admire economists that follow the historical school but are more critical than American economists. Q: What's your motto in life? A: Never give up. What doesn't kill me makes me stronger. What women don't kill me make me stronger. Q: If you could do something completely different, what would it be? A: I think I would have enjoyed advertising as well. I think it's very creative to do something in advertising. Or architecture, I would have some interest in building. Anything where you can create something. Or garden layout. I'm interested in just about anything. I wouldn't qualify to be a mathematician. Q: What's been your biggest accomplishment? A: That's a very difficult question. I have so many great accomplishments . . . I think everybody has achieved a few things and failed on a number of occasions. I think in life if you talk about accomplishments, I think I have educated a nice daughter. I haven't been the model father, but she has turned out remarkably well considering both her parents. She's 20. She's studying art in Switzerland. Q: How would you like to be remembered? A: I think most people would like to be remembered as people with some kindness and integrity. I don't care very much how I will be remembered, it's nice to be able to stand upright and people say 'he wasn't a crook'.