Meb Faber Research – Stock Market and Investing Blog

I'm doing a white paper/blog posts (or book depending) on some of the most popular asset allocation strategies.  Below are a few we are going to write about....any good ones I'm missing? Strategic  60/40 Equal Weight Coffee Can Tobias Bernstein Endowment Norway Minimum Variance Permanent Risk Parity (All-Weather)      

5.  Investment newsletter focused on Best Ideas.  Each month interview a hedge fund or other manager and outline their 1-3 best ideas.  Manual of Ideas does this a bit with their online conferences, and I know periodically Barron's does their roundtable, Private Investment Brief is a spinout of Santangel's, and SumZero or VIC have private networks where people volunteer their ideas. But...

I used to use Portfolio123 years ago but stopped since they didn't include dividends.  And not including dividends is like having a car with no engine.  I was pleasantly surprised to see they have now integrated S&P Compustat (which along with FactSet are the two best institutional quality backtesters but both cost well over $50k per year).   Worth checking...

I received a lot of emails from readers on the shift to a premium offering, so I thought I would summarize the why and the what.   The What 1.  If you subscribe to MFR or Idea Farm you will get first look at our publications, including the recently completed QTAA paper 2012 update. 2.  You get a free copy of all upcoming...

I'm pretty bullish on stocks right now.  Global valuations are cheap, although the US is one of the top 4 most expensive markets on a 10 year CAPE basis.  But right now, the US is allowed to be expensive. Below are the two biggest threats to the equity markets.  Let me explain: 1.  Inflation mountaintop. When inflation is tame countries are rewarded...

People often ask me why we use 10 year inflation adjusted PE ratios rather than simple trailing 12 months.   Below are two charts that I think are at the crux of the arguement, and basically visually demonstrate why CAPE works.   0.75 correlation for CAPE, and only 0.24 correlation for TTM PE.  The below basically shows that CAPE correlated highly with...

I don't pretend to consume information the same way my readers do (I still don't have a Kindle or iPad, though probably should).  I was chatting with a reader over breakfast and this question came up, so I thought I would ask you directly how you would prefer to receive The Idea Farm content...   https://www.surveymonkey.com/jsEmbed.aspx?sm=QzukSsJxC2JwPRaxLTz2MA_3d_3dCreate your free online surveys with...

You probably think you are good at picking stocks (and investing in general).  I hate to be the bearer of bad news, but you are not.  In fact, you are terrible at investing.  Now, there may be a few of you that outperform, and part of that is due to luck, but I am speaking to the collective “you”. The...

Quartz had a fun profile of some activist investors recently.  The profiled best friends Ackman, Icahn, and Loeb in addition to Greenlight, Trian, Jana, Elliott, Starboard, ValueAct, and Relational.   I thought it would be instructive to take a look at a portfolio of these funds to see how it would have performed since 2000, as well as what they are...

It has taken me awhile longer to finally get the technology working here, but I think we are all set. If you want to go ahead and signup for the premium version of the blog here is the link.   Future posts will have the WSJ style posts locked down unless you have a login.  I imagine there will be a few...