2009-01-27

The Always Quotable Marc Faber

Here's Faber in the 2009 Barron's Roundtable:

Recently I bought some U.S. stocks for the first time in a long time. If you buy Intel, Cisco, Yahoo!, Oracle and Microsoft, you will do much better in the next 10 years than you would with Treasuries. These stocks will double and even triple -- before going to zero.

Update: Eric Savitz at the Barron's Tech Trader blog
I got a little thrown by the “before going to zero” bit, so I checked in with my colleague Lauren Rublin, who edits the Roundtable, who explained that he was kidding about that part.

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