LA Talk

If you're local in LA, S&P is hosting an event for financial advisors at the Montage on April 10th, come join!  I plan on tossing a book in all the goodie bags.     DETAILS LOCATION:Montage Beverly Hills Hotel 225 North Canon DriveBeverly Hills, CA 90210 LUNCH/REGISTRATION: 12:00 - 1:00 P.M. FORUM:1:00 - 5:00 P.M. COCKTAIL RECEPTION:5:00 - 6:00 P.M.   

New Book is Out!

My new book is finally available on Amazon!  Here is the link: Global Value:  How to Spot Bubbles, Avoid Market Crashes, and Earn Big Returns in the Stock Market We self published it in the same format as Shareholder Yield, although it is longer around 80-90 pages.  I would recommend reading it on a device (computer, iPad, Kindle Fire) that supports color,...

Recent Tweets

Until a time comes when the Abnormal Returns for Twitter launches, every month or so I'll post my favorite Tweets and links below from @MebFaber    

New Book (#3) Out Soon

It's awfully nice out in SoCal so I may not finish this weekend, but my new book should be out in the next few weeks.  As always, will send a free copy to Idea Farm subs when it launches...stay tuned! Two other books that just came out on the way are: Tail Risk Hedging & Rule Based Investing    

CAPE Valuation Bollinger Bands

I was trying to do everything to avoid going to the gym last nite so I put together this chart.  25% cheapest, 25% most expensive, and average of all countries and their CAPE valuations.  2nd chart includes the US.  It's almost like a valuation Bollinger Band that could be used to adjust your domestic vs. global stock weightings. Look at...

Newton’s Revenge

Being a currency buff, I have always found Bitcoin and all of the other "alternative" currencies to be interesting, and a pleasant distraction.  A few months ago the price action seemed to suggest similar properties as many speculative bubbles do, so I penned a piece that compared Bitcoin to the South Seas Bubble.  I even went as far as...

The Most Expensive Stocks are Near Their Most Expensive

Alliance Bernstein has a sneaky good blog.   I think this chart is very telling of where we are now...likely a great time to be running a market neutral fund.      

Stocks Up, Bonds Down

At least, that's what everyone thinks: HT Advisory Perspectives & Sundarden 

Travel and Speeches

While I just got home to my own bed, I'm getting read to hit the road again.  Below is a list of upcoming speeches and travel.  Drop me a line if you want to schedule a meeting (or a beer), the entries in BOLD are where I am giving a public speech) : Denver & Vail CO:  February 25th -...

Does it Even Matter?

I get lots of questions regarding our original paper, most of which I've tried to tackle in the FAQs in the update.  Here is a fun look from the Butler Philbrick crew asking some questions I have never even considered (what about an ANNUAL rebal?) and some more familiar to the readers here (what about daily updates, day of...