History suggests that the biggest profits are gained by betting against the crowd - buying assets down 60% or more has delivered fantastic results on 1, 3 and...

Livewire News

History suggests that the biggest profits are gained by betting against the crowd - buying assets down 60% or more has delivered fantastic results on 1, 3 and 5 year timeframes. Global fund manager Mebane Faber has found that the average 3-year nominal returns when buying an industry down 60% since the 1920s was 71%. Assets which provide potential buying opportunities today are junior gold miners which have been 'priced to oblivion' due to a sharply declining gold price. Similarly, the Indian rupee has reached all-time lows in recent weeks due to broader concerns over emerging market currencies. (VIEW LINK)


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Livewire News

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Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.

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