Meb Faber Research – Stock Market and Investing Blog

I'm adding another allocation from some of my favorite writers at the Butler Philbrick shop.  They did a post here with an allocation below.   Results following at the end: (click to enlarge)  

I know a lot of my readers don't use Twitter, so every week I'll post a few tidbits that you may have missed. This week starts with a fun podcast with Stansberry Radio (iTunes here):    

The title could just as easily have been 'The Problem with Market Cap Weighting' When overvalued assets grow to be bigger and bigger parts of a market, or become the market, you no longer want to invest in that market.  That, to me, is the biggest failing of buy and hold.  It ignores common sense.  Below is Japan's historical CAPE....

I'm going to do a series for readers of The Idea Farm where I identify and chat about my 20 favorite hedge fund managers to track via 13Fs.  Below is an example, Michael Price.  He ran money at Mutual Series with Max Heine before merging with Franklin and starting his own family office. (Seth Klarman cut his teeth at...

I'll be in NYC the last week of the month to chat up The Evolution of Active Asset Allocation, and best part, it's free!   Register Here Tuesday, October 29, 2013 1:00 - 4:30 P.M.  McGraw-Hill Headquarters1221 Avenue of the Americas50th FloorNew York, NY 10020

The biggest mistake investors can make that risks them blowing up is concentration, especially coupled with debt/leverage.  One would think that, at the time, a top 10 world's richest man would learn some of those lessons, but below is a must read on how not to invest.  Especially once you have some money. Lots of "smart money" lost a ton...

How have assets performed in previous gov shutdowns? And how do they do in the following two weeks?  Scott Minerd answers with buy stocks and bonds, sell commodities:  

A nice little video from Oakmark's Nygren: "Investors have been overpaying for dividend stocks while undervaluing companies that are buying back shares, Oakmark Fund's Bill Nygren said Tuesday. "One of the things we think investors have gone a little excessive on is bidding up companies that pay high yields, good income generators," he said. "And we think it's interesting that companies that have been...

I'll be talking at these two events next week, drop in and say hello and pick up a free book! NYC High Income Strategies in a Challenging Interest Rate Environment Tuesday October 1, 2013 8:15 AM through 3:15 PMNYSSA Conference Center CHICAGO Morningstar ETF Conference I'll be on a panel Friday...

Maybe the combination of two seemingly unrelated things will make the whole more complete? Much like the Merkel shirt on a plumber, the above phrase is really asset allocation summed up in a nutshell.  Add assets that should pay you cash flows, and do so in different environments.  We did a few posts on this already, and I added a...