Dr. Marc Faber, "Reasons For Optimism"

"Apparently he was asked by an Executive Director at Goldman Sachs how he remained so optimistic about life. He writes in response: "(he)...saw me smoking and thought that I should have already gone to hell (even under the 'Black Swan Theory', Heaven isn't an option), or because I ride fast motorbikes in Thailand (where there are no traffic rules), drink, and go out in the early hours of the morning? Or was it...my philosophy on life...to enjoy life even in the darkest times and most horrible situations..."

Marc concludes optimism comes from some simple but important principles:

The ability to adapt to change: whether economic, financial, personal or social.

Accept responsibility when things go wrong that are your fault,
and don't blame others.


Take comfort in the dynamism and drive of the human race.

Even if we disagree with his outlook – at least we can agree on his causes for optimism."

Dr Marc Faber was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna cum laude.

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