Meb Faber Research – Stock Market and Investing Blog

Guest: Kenneth French is the Roth Family Distinguished Professor of Finance at the Tuck School of Business at Dartmouth College. He is an expert on the behavior of security prices and investment strategies. Recorded: 4/10/2024  |  Run-Time: 53:45  Summary: In today’s episode, Ken shares what topic he and Professor Fama disagree on. Then we get into a number of topics:...

Wrote a fun little piece on bonds: "T-Bills and Chill....Most of the Time" It never made much sense to me to take on a bunch of risk in bonds if they yield similar amounts to T-Bills (or even less!) So what if you only invested in riskier bonds when the spread is wide enough? Sort of a rules-based value...

For the full list by country head on over to The Idea Farm...it's free! Source Global Financial Data  

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. ¯_(ツ)_/¯   Source: GFD

 Guest: Cliff Asness is a Founder, Managing Principal and Chief Investment Officer at AQR Capital Management.  Recorded: 3/20/2024 | Run-Time: 01:05:24  Summary: In today’s episode, Cliff & I start by talking about some quotes he may or may not have said in the past. Then we kick around a bunch of topics. We talk about diversifying by both asset class...

Guest: Steve Edmundson is the Chief Investment Officer at the Public Employees' Retirement System of Nevada (NVPERS), overseeing over $60 billion in assets. Recorded: 3/18/2024  |  Run-Time: 48:01 Summary: As pension funds continue to hire more employees, pay more and more fees and build more complex portfolios, Steve is an outlier for his approach that emphasizes simplicity over complexity. He’s one...

 Guest: Grant Williams is the author of the newsletter Things That Make you Go Hmmm… and host of The Grant Williams Podcast. He was also a co-founder of Real Vision.  Peter Atwater teaches confidence-driven decision-making at William and Mary and the University of Delaware, writes the Financial Insyghts newsletter, and is the author of the book, The Confidence Map: Charting...

Guest: Tim Ranzetta is the Founder of Next Gen Personal Finance, a non-profit organization to connect educators with free resources and equip students with the knowledge and skills to lead financially successful and fulfilling lives since 2014. Recorded: 1/17/2024  |  Run-Time: 48:27  Summary:  In today’s episode, Tim updates us on everything going on with Next Gen Personal Finance. You all...

 Guest: Whitney Baker is the founder of Totem Macro, leveraging extensive prior buyside experience to create unique research insights for an exclusive client-base of some of the world’s preeminent investors. Previously, Whitney worked for Bridgewater Associates as Head of Emerging Markets and for Soros Fund Management, co-managing an internal allocation with a dual Global Macro (cross-asset) and Global Long/Short...

Guests: Wes Gray is the founder, CEO and Co-CIO of Alpha Architect. Robert Elwood is the co-founder of Practus, LLP, a business law firm that focuses primarily on investment funds. Recorded: 1/18/2024  |  Run-Time: 47:02  Summary: Wes and Bob just helped complete a separately managed account to ETF conversion of $770 million, so we had to get them on the...