Meb Faber Research – Stock Market and Investing Blog

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...

There have been over 30 films based on the Emanuelle franchise, a softcore film series that began in the 1960's. According to Wikipedia, it remains one of the most successful films in French history. What does this have to do with hedge funds? Boussard & Gavaudan is a hedge fund listed on the Euronext in Amsterdam....

Longtime readers know that I am a big fan of user generated content and paid participation in media. So for those who haven't heard, I have been working on putting together some of the concepts mentioned on WorldBeta into a book. The tentative title is "The Ivy Portfolio: How to Invest Like the Top Endowments Harvard and...

to my last post a few readers mentioned Ken Heebner (I am a happy shareholder of CGMFX). Up 80% last year. From Morningstar.com:----Cool new blog on the blogroll, Off the Beaten Path. Found it while searching for info on FTAR (a stock I own in my IRA).

The best fund manager of our time? You've got to be kidding me. Never heard of Simons, Tudor, Cohen, Robertson, Soros. . .----Trader Daily had a review of the top 10 hedge fund earners for 2007, and Bridgewater's ($150 BILLION AUM) Ray Dalio made the list at around $500 million. If you have been around...

PIMCO was the first to offer a portable alpha strategy (StocksPLUS). They now have a book out on the concept - Portable Alpha Theory and Practice: What Investors Really Need to Know----When you have the worlds largest endowment at $35 billion, why do your students pay tuition at all? From MetaFilter:Pay to play. The children of big-donor...

The best part about blogging, as well as publishing your research, is when people take your work and improve upon it. Great job of combining risk parity and the timing model by Kirzner Fervor:Component Tactical Asset Allocation: Part 1Component Tactical Asset Allocation: Part 2Component Tactical Asset Allocation: Part 3Another Post regarding recessions and TAA----"There is an impressive and...