Meb Faber Research – Stock Market and Investing Blog

Long time readers know that I've been publicly writing about tracking the top hedge funds through 13F filings since 2006 (but following them since 2000).  I'm mostly done with book #4 on the topic, and thought it would be fun to share the 25 fund profiles. I'm going to send these out once a week on The Idea Farm for...

...and by the way, not a very good one" -David Harding, Winton (HT: @Covel) Fun video below    

Below is an email letter we sent to shareholders in June.  While I strive to avoid discussing work related matters on social media such as this blog and Twitter, sometimes it is important as a delivery mechanism to ensure all investors are informed.  Lots of our investors are not on our work email list, and the below news potentially...

Two fun charts below comparing mkt cap to GDP in the US and Japan.  Interesting to see they have similar medians, as well as peaks and troughs.  From VectorGrader:  (You can also find more info at the World Bank..Would be fun to test the historical performance for developed and emerging mkts based on this indicator.  Not sure how well it...

Fun (lonngggg) talk at Google if you have an hour to spare.  This is sort of a nice audio companion to the book Global Value.   //www.youtube.com/v/B1RhAWzUCsc?version=3&hl=en_US

This was a fun paper I sent to The Idea Farm a few weeks ago.  A few tidbits: Changing Times,Changing Values: A Historical Analysis of Sectors within the US Stock Market 1872-2013http://ssrn.com/abstract=2447654 "We plot the CAPE ratio for the overall market as well as for the three sectors Industrials, Utilities, and Railroadsin Figure 4. Note that the CAPE ratio of the...

I had not seen the website Street Talk Live before, but it has some nice charts.  One was a long term chart of the AAII stock allocations.  Nut surprisingly, but sentiment correlates pretty highly with valuations.  But then again both of those are dominated by the P.   Below I recreated the chart with valuations on the left axis (CAPE),...

Any deviations and you're an active investor...Rounded these numbers from this earlier piece. 40% stocks (20% US, 20% foreign) 20% Corporate Bonds 30% Government Bonds 5% Real Estate 2% each TIPs, emerging bonds, high yield    

Some fun tweets and favorites from the past month over at @MebFaber

Below from AAII, or as I like to call this, the Jay Cutler bull market...