Meb Faber Research – Stock Market and Investing Blog

This post is in honor of the 10th anniversary of Bre-X.I am going to go on a bit of a rant. It makes me so angry to see how difficult it is for US investors to invest in hedge funds. Not only that, but the mis(education) of investors to the riskiness of hedge funds is a tragedy....

I like to think about what the most contrarian position is in the financial markets. It really has to be long term bullish on the dollar, right? (Leave a comment with any other suggestions.)In a somewhat related note, want some Yuan? New currency income ETFs launch. ----Apparently, institutional investors are good at intra-quarter timing of...

Yesterday I walked past the (very nice) offices of Superfund, a great marketing company ....errr, I mean a managed futures offering. Their fees border on the absurd:Charges to each Series per year (payable pro rata on a monthly basis): 1.85% Management Fee, 1% Organization and Offering Expenses, 0.15% Operating Expenses, 4% Selling Commission, 3.75% Brokerage Fee AND...

Posts have been light due to all of my traveling (and flights getting canceled). I hope to catch up later this week. Although I forgot how much I love NYC (even when it is rainy and nasty like it is right now). One of these days some one will figure out why the pizza here is...

If anyone is attending the Dresdner Kleinwort Listed Hedge Fund Conference in London on April 30th, please let me know how it goes (and pass along any good materials).----Arnott takes his case to the masses: The Fundamental Index: A Better Way to Invest.----The Wizard of Winton"...I know about random walks, and when you draw these charts every day, after...

I just noticed that there are a lot of emails that readers have sent that ended up in my Gmail spam folder. If you have emailed me lately and didn't get a response, please resend . . .

I'll be in North Carolina, Virginia, and NYC in the upcoming weeks. Drop me a line if you would like to meet up!----I haven't decided what I am going to do with the Google App Builder yet, but it is pretty cool.----Quote of the day, ""If you have a trading system or a trading plan and then override...

I was mistaken when I posted that the T Rowe Price Capital Appreciation Fund (PRWCX) had a down year last year. It did not, and that makes for 18 positive years in a row which I find quite amazing. Gabelli ABC (GABCX) and First Eagle Overseas (SGOVX) both have 14 positive years in a row. Likewise,...

Ray Dailo has a good comment in the great book 2020 Vision (which, for whatever reason is only available through Mercer in Australia). "Because I believe that all criteria for investing (that is, good betting strategies) should have a logic that isn't time specific, I believe that the alpha generators that make up the ultimate alpha generator should...

The market is up today. Are you as happy today as you were sad yesterday when the market was down?Fish see the bait, but not the hook; men see the profit, but not the peril - Chinese proverbPeople want to be happy. If you ask people what their goal is in life they often respond...