Meb Faber Research – Stock Market and Investing Blog

Is the stock market decline nearing an end?----I love my iPhone, and will probably trade in my old one via Flipswap for the new one. My favorite apps are:JottLightShazamUrbanspoonSeriously, how cool is it that you can hold your phone up to a speaker and it tells you what song it is? It's magic, I swear.----Don't Pay Alpha...

I really don't get most of these aggregators - here is a new one Streetread....I need less news that is more useful, not more news that is all noise! Sites like Abnormal Returns that thoughtfully filter the information are worth much more to me than the ones that simply combine ALL of the information.----Peter Thiel and Clarium are...

From an article over on IndexUniverse titled "Liquid Alternatives: More Than Hedge Funds" by Rob Arnott and John West.Below is how an investor could replicate their portfolio with ETFs.The Diversified Asset Portfolio is an equally weighted portfolio (10% each) of:STOCKS 20%International stocks - VEU, EFAU.S. stocks - VTI, SPYBONDS 60%Emerging market bonds - PCY, EMBTIPS - TIP, IPEHigh-yield bonds...

Long term readers know I am a big fan of buying closed-end funds at discounts and selling them at parity. Closed-end funds are one of the least efficient areas of the market, and many can and do trade at very large discounts to their NAV. ETFconnect.com is a good resource here.It was with great interest when a...

35 entries of varying quality. . .Worth1000 book cover design contest.

The markets are closed and I am outta here for some fish tacos, some beach, some surf, and some bbqing. If you need some weekend reading, here goes...This post below reminds me of Question #2 from Fisher's book:"What can you fathom that others find unfathomable?"Really interesting piece on market history from GFD Guide to Total Returns. From...

Least surprising news item from today.----For the data junkies, a ton of Excel sheets with historical market returns over on Global Financial Data.----Interesting interview from the recent Futures magazine with John Williams from Shawdowstats.com:"Look at the CPI for example. In its most popular use following World War II, when it became a cost of living adjustment for auto...

Does your investment approach have you in the dark? Feel like having an advisor or portfolio manager is like the blind leading the blind? Maybe it is time to take control of your portfolio with a systematic approach.I have talked a lot about various strategies for systematic trendfollowing and mean reversion on World Beta. In "Time...

Do you know the only commodity market where futures trading is banned? ---- Of the last 10 GMs hired in MLB, 6 have been age 40 or under. ---- This book looks interesting, but 500 pages about booze? Drink: A Cultural History of Alcohol ---- I could watch the TED talks all day. Chris Jordan: picturing excess. http://static.videoegg.com/ted2/flash/loader.swf

Officially a bear market folks (in the Dow). Before you panic, it is worth taking a look at the historical data. A -20% decline happens every 3 or 4 years so it is not that unusual. The Dow ETF is DIA.Since 1900:There have been 31, now 32, declines of -20% or more in the Dow (it...