Meb Faber

Change "Silicon Valley Bank" to "Kansas Farmers Bank". Replace "tech startups" with "farmers". Replace "MBS" with "farm loans". Do you feel different? If you were calling for "let them fail" are you now screaming "save them?!" Or vice versa. Would any of the tech elite

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Meb Faber

@MebFaber

Dec 29, 2017

For the first time in history, the stock market will finish the year with positive performance every single month.

Meb Faber

@MebFaber

Apr 28, 2020

If I told you 12 months ago that: Unemployment jumps from 4% to 15% Fed interest rates fall from 2.5% to 0% PMI dives from 52 to 37 Gold rips up 32% Stock volatility triples Oil crashes down 70% ....and yet, over the past year, stocks are flat. Would you have believed me?

Meb Faber

@MebFaber

Jan 31, 2019

Over the past 70 years the US stock market has been a darling, outperforming foreign stocks by 1% per year. $10k invested in US stocks in 1950 turned into $14 million vs. only $8m in foreign stocks. Want to know how much of that outperformance has come since 2009? All of it.

Meb Faber

@MebFaber

Dec 13, 2021

Lots of stock markets can have terrible multi decade returns....

Meb Faber

@MebFaber

Oct 23

Number of times when both gold and the S&P 500 are up 25% in the same year? Zero. SPY up 24% or so this year with gold up 33%.

If stocks were down over 50% everyone would be losing their mind. But long bonds are down over 50% and everyone is super chill. Why do you think that is?

joins the podcast today! He answers: - What's Buffett's online Bridge username? - Would he sell Apple if he was Buffett? - What tech stocks does

@BillGates

like today?

Show Notes: ow.ly/YmIu50PA1ry

YouTube: ow.ly/mA3Y50PA1qZ

0:46

The lesson here is not "Wall Street is manipulating the system" The lesson here is you need a better broker. Preferably one that doesn't sell your order flow and shut down your trading and keep your short rebates and keep your cash interest. But hey, free trades.

Meb Faber

@MebFaber

Jun 8, 2023

Investing quote of the day via

Cambria ETF holders...please don't forget to vote your proxy! You can call 888-490-5095 and place your vote. You should have already received a proxy packet in the mail, but more info in the filing here: sec.gov/Archives/edgar Thanks!

Investing quote of the day:

People think top CEOs make great money, and they do... People think top celebrities make great money too, and they do... Hedge fund managers....hold my beer. via

Investing quote of the day via

Investing quote of the day:

Meb Faber

@MebFaber

Nov 18, 2022

Every single one of the top tech investors in our industry missed a bigger fraud than Enron. Did they a) do no due diligence whatsoever, or b) do deep due diligence, but miss all the red flags?

Meb Faber

@MebFaber

Sep 26, 2023

So I ran the numbers over the weekend... Over the past 30 years do you know how many mutual funds have returned 13% per year? ZERO Over the past 30 years do you know how many mutual funds have returned 12% per year? FIVE (not 5%, 5 total) via

@MorningstarInc

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Ramit Sethi

@ramit

Sep 22, 2023

Dave Ramsey: "It's not really hard to beat the S&P 500" Please reply with one word describing your reaction

Investing quote of the day:

Robinhood isn't the good guy in this story, they're the Sheriff of Nottingham. They sell customer order flow to shops like Citadel (who also invested in Melvin). The only people guaranteed to make big money here are the HFTs and brokers.

Meb Faber

@MebFaber

Mar 3, 2018

My top 5 Global Stock Valuation resources (including downloadable CAPE ratios): 1. theideafarm.com 2.

@CAPE_invest

starcapital.de/en/research/st 3.

@RA_Insights

interactive.researchaffiliates.com/asset-allocati 4.

@Barclays

shiller.barclays.com/SM/21/en/indic 5.

@RobertJShiller

econ.yale.edu/~shiller/data.

interactive.researchaffiliates.com

Asset Allocation Interactive

Expected returns and volatilities for 140+ assets over 40 countries

Meb Faber

@MebFaber

Aug 2

2&20 Guy with $20m Private Equity in Vanguard ETFs

For the investment professionals out there. What belief do you hold that the vast majority of your peers (75%+) do not share? Here's a few of mine in no particular order....apologies for offending everyone in advance!

Meb Faber

@MebFaber

Aug 1, 2022

I'll share my experience with the vaccineinjured as I would've loved someone to talk to when I was dealing with it.Feel free to DM me. I got absolutely wrecked for about 6 months. I'm not anti vax - I also know healthy young people that died from COVID too. It's heartbreaking.

Meb Faber

@MebFaber

Apr 9

Here's a crazy stat that no one will believe. The universal investment benchmark is the 60/40 portfolio of stocks and bonds. What if you replaced the bonds entirely with gold....crazy right? Turns out it makes no real difference.

Honestly, I think frequent flyer miles are better cryptocurrencies than most cryptocurrencies. 1. Less volatile 2. More liquid and easier to transfer 3. Less likely to get hacked 4. Can actually transact for something useful like flying around the world

Meb Faber

@MebFaber

Oct 31

Investing quote of the day via

Stock markets historically hate inflation. In normal times (0-4% inflation) the average 10-year PE ratio is ~20. > 4% inflation it's 13. > 7% inflation it's 10. We're at 40. Outside of 2021/2022, the HIGHEST valuation EVER awarded US market above 5% inflation? 23

Meb Faber

@MebFaber

Jan 9, 2019

Every single 2019 investment outlook: Returns stunk in 18 Economy in 9th inning The Fed Recession on horizon US stocks expensive Value vs growth Volatility is increasing Too much debt Credit spreads are low Something about China's economy Emerging markets cheap #SavedYouAClick

Meb Faber

@MebFaber

Apr 25, 2019

Why my 401k just auto invests entirely in emerging market stocks for the long haul: 85% of global population, 50% of GDP, but only 15% of stock market cap Higher EPS Growth Better demographics Higher dividend yields Higher real yields Much cheaper stock valuations

Meb Faber

@MebFaber

Oct 2, 2023

Has anyone gone from universally respected to Michael Lewis this fast before?

If you’re like most investors, you’re asking the wrong questions. I was chatting with a group of advisors awhile back down in La Jolla and a question arose. I’ll paraphrase: "Meb, thanks for the talk. We get a steady stream of salespeople and consultants in here hawking their

Hope: Crypto is going to disrupt Wall Street Reality: Here's a 2% fee index fund.

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Coinbase

@coinbase

Jun 13, 2018

Announcing: Coinbase Index Fund is open for investment. blog.coinbase.com/coinbase-index

Meb Faber

@MebFaber

Dec 13, 2018

1/ Here we go....The Top Investment Podcasts of 2018! Seriously you should listen to these, it's like getting a Masters in Investing...unreal that these are all free...what a time to be alive! Congrats to all...I've listened to every one!

mebfaber.com

Top Investment Podcasts of 2018 - Meb Faber Research - Stock Market and Investing Blog

If you’re looking to escape the family over the holidays…good news! I asked my podcast buds for their top downloaded podcasts of 2018…you can find the list below… Here is 2017, 2016, and 2015. Here...