Meb Faber Research – Stock Market and Investing Blog

"I look at where the music industry is now and it’s not helping me so I’ve learned to exist without it!" Replace every "music industry" phrase with "(high fee) financial industry" and you begin to understand.  Phenomenal post by @jaltucher As you all know I'm self publishing my next book in a week or two and have written a longish case study...

I publish these every once in awhile.  Not much interesting here...      

There is a lot of silliness going on across the Atlantic with Cyprus and their bank deposit seizure plan.  (For those that haven't heard here is a brief summary: "In exchange for €10 billion ($13 billion) in rescue money, creditors would impose a one-time tax of 6.75 percent on all bank deposits under €100,000 ($131,000) and 9.9 percent over that...

Nice to see the journalism outlets starting to recognize the silliness of focusing on dividends in isolation.   Below from this weekend Barron's:  

I like Jim Rogers but this quote has always made me chuckle.  I could list dozens of rich technicians, but one of the best sadly recently passed, and I smiled when I saw this headline cross the wires today from Curbed:

I was going to do this post as an issue of The Idea Farm, but there is already a two week backlog of good pieces so I figured I'd just post it here.  Passive and active are meaningless terms to me since I'm a quant and everything is active in my mind.  You have rules for buying, selling, and rebalancing....

Below are two charts that I find highly useful.  The first looks at yields on various indexes (the red dot is where we are now and purple/green represent one standard deviation bands).  This chart poses the problem many investors complain about daily - where to find yield?  (Note: S&P500 is TTM PE yield.) One would conclude, that with the exception...

I know this is very basic but I have had a shocking amount of conversations lately with people (retail and pro) that seem to forget ETFs pay out income and dividends.  This matters more and more the larger the yield, but below is one of the older dividend ETFs, and the difference in returns is 23% vs. 67%!  While...

REITs have been the best performing major asset class since the market bottom in 2009, up over 200%.  What are the current drivers of REITs saying now across trend, yield curve, and valuation?  I'll write up a longer piece in the upcoming weeks on my thoughts but below is a very short clip from CNBC yesterday...   http://plus.cnbc.com/rssvideosearch/action/player/id/3000153754/code/cnbcplayershare  

Below is Part 4 in my series of ideas in the world of fintech.   Part 1 – Public Alts newsletter Part 2 – Quant Backtester Part 3 - Tax Harvesting 4.  Investment research boutique focused on private crowdfunded companies on AngelList and The Funders Club.  Most people have no idea what they are investing in, and probably spend more time on researching buying a TV or a...