Meb Faber Research – Stock Market and Investing Blog

Episode #126: ‘Out-of-Favorness’ Is Appealing. The Difficult Part is Timing             Guest: Karen Finerman. Karen began her career as a trader at First City Capital, a risk arbitrage fund. She later joined Donaldson, Lufkin and Jenrette where she became Lead Research Analyst for the Risk Arbitrage department. In 1992, she co-founded New York-based hedge fund Metropolitan Capital Advisors, where she currently...

Episode #125: “The Biggest Problem Investors Have is Things Change…and They Don’t Change”         Guest: Tom Barton. Tom is the Founder, President, and General Partner of White Rock Capital. He helped build the first multibillion-dollar short-selling hedge fund at Feshbach Brothers in the 1980s, where he exposed dozens of stock frauds. Then he became an early-stage investor, going long on health...

Bonus Episode: Wes Gray – Factor Investing is More Art, and Less Science             Author: Wes Gray. Wes is the CEO/CIO of Alpha Architect. He has published multiple academic papers and four books, including Quantitative Value (Wiley, 2012), DIY Financial Advisor (Wiley, 2015), and Quantitative Momentum (Wiley, 2016). After serving as a Captain in the United States Marine Corps, Wes earned...

Episode #124: “It’s Not What You Buy, It’s What You Pay for It That Determines Whether Something Is a Good Investment”             Guest: Howard Marks. Howard is the founder and co-chairman of Oaktree Capital. Since the formation of Oaktree in 1995, Howard has been responsible for ensuring the firm's adherence to its core investment philosophy; communicating closely with clients concerning products...

Not too long ago, Financial Times published an article with some alarming takeaways… Half of the 15,000 mutual funds in the US are run by portfolio managers who don’t invest any personal monies into their products. We often say that there is a good reason for this – these mutual fund managers are smart! I’d guess they realize that their own...

Bonus Episode: Russel Kinnel – Mind the Gap             Author: Russel Kinnel. Russel is director of manager research for Morningstar, Inc. and editor of Morningstar FundInvestor, a monthly print newsletter for individual investors. He also writes the Fund Spy column for Morningstar.com, the company's investment Web site. Since joining the company in 1994, Kinnel has covered the Fidelity, Janus, T. Rowe...

Episode #123: “We’re Still at the Very Beginning of the Tech Revolution… We Are Day One”           Guest: Fabrice Grinda. Fabrice is among the world’s leading Internet entrepreneurs and investors. He has over 100 exits on 400 angel investments. Fabrice has served as CEO for three multinational companies and has an impressive track record as an early investor in Alibaba,...

Bonus Episode: Rick Friedman & Anna Chetoukhina – FAANG SCHMAANG                 Author: Rick Friedman & Anna Chetoukhina. Rick is a member of GMO’s Asset Allocation team. Prior to joining GMO in 2013, he was a senior vice president at AllianceBernstein. Previously, he was a partner at Arrowpath Venture Capital and a principal at Technology Crossover Ventures. Anna is a member of...