Investopedia editor in chief Caleb Silver spoke with David Faber, co-anchor of CNBC’s “Squawk on the Street,” about his career.
Faber has broken some of the biggest mergers and acquisition deals of the past 30 years.
“I was not in anyway someone with an economics background,” said Faber, who majored in English at Tufts University. “I got lucky.” He started writing for a weekly Institutional Investor newsletter covering corporate lending.
“There were 2,000 people who cared about that, and they paid a lot of money” for that information, said Faber.
He was hired by CNBC in 1993. At that time, business news television did not have a culture of breaking stories.
“I picked the phone up. That’s not what they hired me to do, but that’s what I did,” he said, noting that when he went to the assignment desk to tell an editor he had a story, they would reply that the news wasn’t on the wires.
To listen, go here.
