Meb Faber Research – Stock Market and Investing Blog

Some macro commentary from Epoch: The Perfect U.S. Economic Storm: Asset Deflation, Commodity Inflation and the Expiration of the "Greenspan Put" ---- From Carpe Diem: The Big Three of Entitlements and it is now cheaper to buy a house than a car in Detroit. ---- The Economist has been publishing the Big Mac Index since 1986. Has anyone ever backtested their index for performance...

Hedge fund favorite Qualcomm is up big today (about 18%) to a new 52 week high.  I have written about the stock a few times in "Everyone loves Qualcomm" and "Hedge Fund Masters".  The next update to the tracking portfolios will be in about a month, but so far the two dummy clone strategies are killing the stock indices...

I need a blog redesign - leave a comment with the best designed blogs or news sites. ---- Ahhh, Web 2.0.  Click here and vote on a name for my company and get paid if yours is the best. NameThis (by Kluster). ---- Advisor Perspectives interview with El-Erian. I am still waiting for someone to ask him why his allocation in his book...

[youtube https://www.youtube.com/watch?v=YFF3E0Aqdlc&hl=en&fs=1&w=425&h=344] "All night he check, check, check." Teddy KGB in Rounders In poker you fold a majority of the hands, and it can be pretty boring for amateurs to play that way. Most end up playing far too many hands for entertainment value. Sometimes it simply makes sense to sit out. ...

If you don't subscribe to the magazine, here are the links. All of them are worth reading:Bruce KovnerJames SimonsJulian RobertsonGeorge SorosMichael SteinhardtKenneth GriffinSeth KlarmanDavid SwensenSteven CohenLeon Levy Jack NashLouis BaconAlfred Winslow Jones Paul Tudor Jones

Posts will be lighter this week as I will be in NYC starting Wednesday. As always, drop me a line if you are around.

Stock markets are risky. According to Bespoke, I count about 8 that are down more than -40%.How long is that going to take you to get back to even? From a great article at designing better futures (here is the chart). "Rule #1 in all investment allocation decisions is don't lose money. Risk management is the name...

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...