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When not skiing Lake Louise or surfing off the California coast, this month's guest is helping investors catch the next big wave in the markets. For our listeners not already familiar, Mebane Faber, CMT is the:- Author of 5 books and editor of 2 compilations- Creator of the Idea Farm – a market research library- Host of the Meb Faber Show, one of the most widely received podcasts on financial topics- Scores of white papers - and hundreds of blog postsAs the co-founder and the Chief Investment Officer of Cambria Investment Management, Faber is the manager of Cambria's ETFs and separate accounts. This month's discussion covers all the tools and processes that drive the investment practice of Cambria including, the guiding pillars of value and momentum. Known for advocating for diversified, multi-asset portfolios, this interview tugs at the challenges of global investing and the home bias that has worked to the advantage of American investors during the past decade. As regimes shift, however, leadership may shift again to ex-US equity markets and alternative assets within the commodities space.Mr. Faber graduated from the University of Virginia with a double major in Engineering Science and Biology. This background undeniably shaped his investing practice with a firm grounding in the scientific method. Meb is an ardent researcher exploring the persistent anomalies of the market and continuing to discover and explore the nuances of multiple strategies in practice. For complete resources visit: https://cmtassociation.org/podcast/fill-the-gap-episode-fourteen-with-special-guest-mebane-faber-cmt/Enjoy episode #14 with our special guest Meb Faber, CMT
The Interview: Jason Buck of the Mutiny Fund welcomes Mebane Faber, co-founder and chief investment officer of Cambria Investments, for an in-depth conversation on the methods diligent investors can use to build and maintain wealth in all market environments. Faber breaks down his rigorous quantitative models to share fresh insights on bonds, equities, real estate, and commodities as well as the role these assets play within a portfolio. Faber and Buck discuss the importance of negatively correlated assets such as put options, which are a key feature of the Cambria Tail Risk ETF ($TAIL). Key learnings: Equity valuations are stretched thin, but buying at all-time highs has historically yielded surprisingly good returns. Faber thinks non-U.S. stocks are underrepresented in the typical U.S. portfolio and argues that for most individual investors, steady contributions to their portfolio matter much more than eking out that extra percentage of return. Recorded on 14 April 2021. Learn more about your ad choices. Visit megaphone.fm/adchoices
This is the thing we all need an answer for - starting valuations for stocks have rarely been higher, while starting bond yields have never been lower. Can stocks return enough going forward to overcome this hurdle? Will bonds deliver the hedge against volatility investors are counting on? On this week’s podcast, I’ve brought on two thoughtful, accomplished asset allocators to answer these questions and suggest solutions to the puzzle. Bob Haber is the founder and CIO of Proficio Capital Partners, a veteran fund manager for Fidelity and part owner of the Boston Celtics. Mebane Faber is the founder and CIO of Cambria Investment Management, as well as the host of The Meb Faber Show podcast. We discuss value and growth stocks, international equity markets, gold, the dollar, Treasury bonds and a lot more.I hope you get a lot out of this week’s episode and wish you a Happy Thanksgiving. If you’re enjoying The Compound Show, please leave us a rating and review - they go a long way! See acast.com/privacy for privacy and opt-out information.
Mebane Faber is an experienced fund manager, in this episode he shares with us his analysis of what is happening in the market, how to act in these crazy times and the key to creating your own fund in the future! To download Mebanes books and read his blog: www.mebfaber.com www.cambriafunds.com If you want to learn the secrets to property investing, claim your free course "The three simple steps to property investing and the three most common mistakes new investors make, and how to avoid them!" by going to https://p.momentumgift.com (https://www.momentumgift.com)
In this 400th episode of the Take 15 Podcast, Mebane Faber, a cofounder and chief investment officer of Cambria Investment Management, and our guest host, Rodney Sullivan, CFA, discuss industry trends and global asset allocation strategy as we head into a new decade of the 2020s. Mr. Faber cautions investors about "home country bias" and recommends allocating investments toward the world market portfolio, particularly with lofty valuation levels in the United States from an historical perspective. Mr. Faber discusses changes to the industry that will affect financial advisers, including the impact of zero commissions and the rise of systematic or quantitative investing. He also shares why he believes financial advisers need to reassess their business risks as we enter the later stages of the economic cycle.
ETF manager, author and popular investment blogger Mebane Faber covers a wide range of asset-allocation issues from buy-and-hold to global value investing. In this podcast (20:51), Faber sees asset allocation from the standpoint of market history, and insightfully addresses the difference between becoming rich and staying rich.
Mebane Faber is the founder and CIO at Cambria Investment Management, where he manages Cambria’s ETFs, separate accounts and private investment funds. He’s also authored numerous white papers and five books now, on various investing subjects. Meb’s a budding podcaster too, his podcast; The Meb Faber Show. The main reason why I asked Meb to join me for this episode, was to share some simple ways that active traders can capitalize on the opportunity and compounding effect that (somewhat passive) longer-term investing has to offer. So, I ask Meb about; where to start out, how to set expectations, various types of portfolios, when to enter the market, what to do during drawdown, what things new investors struggle with most, so on and so forth… -- Sponsored by TradeStation.com: Open an account with online broker, TradeStation, to enjoy; low-cost stock trades, no software fees, free real-time data and free professional-grade scanning tools.
In Episode #303, Mebane Faber, co-founder and chief investment officer at Cambria Investment Management, takes a quantitative approach to investing. In this brief interview, he shares his views on common behavioral pitfalls, active management, shareholder yield, and the exaggerated impact of asset allocation on returns.
have been reading the work of today’s guest for many years. He has done some amazing research with Value Portfolios, Momentum Portfolios, Global Asset Allocation etc. I like his agnostic approach to investing without getting biased by any philosophy and his work is highly recommended by two prominent guests on our earlier podcasts, Wesley Grey and Gary Antonacci. We talk to Meb Faber, CIO at Cambria Investment Management.
Cambria's Mebane Faber discusses the challenges with strategies when buying stocks and how the stock markets across the world affect everything. He speaks with Tom Keene and Barry Ritholtz on Bloomberg Surveillance. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Meb Faber is a co-founder and the Chief Investment Officer of Cambria Investment Management. Faber is the manager of Cambria’s ETFs, separate accounts and private investment funds. Mr. Faber has authored numerous white papers and several books: Global Asset Allocation, Shareholder Yield, The Ivy Portfolio, Global Value, and Invest with the House. He is a frequent speaker and writer on investment strategies and has been featured in Barron’s, The New York Times, and The New Yorker. Mr. Faber graduated from the University of Virginia with a double major in Engineering Science and Biology. It seems like a basket composed of each gurus’ highest conviction pick would be a smart strategy. Yet you found their top pick was the worst performer of their top 10! How is that possible? And what can we do to benefit from that information? If I believed in following a copycat 13F strategy, how would I go about doing that in an intelligent, systematic manner? Only 25% of stocks are responsible for all of the market’s gains. What implication does this have for stock picking vs. indexing? As ETFs proliferate and various strategies become available, do you think people will still pay 2% and 20% for these kind of strategies when you could have all of them for a fraction of the expense? I know this doesn’t fit your investing style, but if you had to pick one of these managers to invest 100% of your net worth, who would it be and why? You have to factor in age and length of potential service to you.
My guest today is Mebane Faber, a co-founder and the Chief Investment Officer of Cambria Investment Management. Faber is the manager of Cambria's ETFs, separate accounts and private investment funds. Mr. Faber has authored numerous white papers and three books: Shareholder Yield, The Ivy Portfolio, and Global Value. He is a frequent speaker and writer on investment strategies and has been featured in Barron's, The New York Times, and The New Yorker. Mr. Faber graduated from the University of Virginia with a double major in Engineering Science and Biology. The topics are his books The Ivy Portfolio: How to Invest Like the Top Endowments and Avoid Bear Markets and Invest With The House: Hacking The Top Hedge Funds. In this episode of Trend Following Radio we discuss: Home country bias Diversification Different trading strategies Finding the most successful hedge funds Margin of safety Jump in! --- I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!
Today on Trend Following Radio Michael Covel interviews Mebane Faber. Mebane is a noted author, blogger, and portfolio manager with Cambria Investment Management. His new book, “Invest with the House: Hacking the Top Hedge Funds” is out now. This is Mebane’s 4th appearance on Trend Following Radio. Michael and Mebane have a slightly different outlook on trading but they do align. The biggest similarity is that they both come at the markets from a quant way of thinking.Michael starts the podcast off asking, “Why do some of the big name guys motivate you so much.” Mebane says he always loved investing. In his spare time during college he would explore finance. A fund manager named John Griffin, who was Julian Robertson’s right hand man, taught at Mebane’s school UVA. It was in this class that many famed hedge fund managers provided his first initiation. The managers would give examples of different kinds of research they would do. Mebane knew he would never have the resources to do that type of research, so he turned to studying the numbers instead.Mebane’s new book is based on mimicking the trades of some of the most successful hedge funds. He says it isn’t too hard to identify the “Michael Jordan’s” of the finance world. The key, however, is to figure out who’s trades you could piggy back off of and be successful. You have to go into this believing markets aren’t efficient. Where do you find the best players? Mebane studied 10-12 managers that friends and colleagues suggested. The most obvious was Warren Buffett. Turns out, you still make amazing returns piggy backing off of Warren Buffett’s trades. You cannot trade futures in this way or trade shorts, you must be long only. Trading with this strategy, as opposed to buying straight into these big hedge funds, gets you away from paying huge fees and large taxes. In Mebane’s latest book he goes much more in depth into this topic.Michael then goes into Twitter questions posted by listeners. The first question, “My market is too small? What should I do?” Mebane says there is a “home country bias” among people. People like to invest in their own markets. The Asian countries happen to have the worst of this bias. It is a terrible habit to have if you need proper asset allocation in your portfolio. You must look beyond your own country, be agnostic in your trading. Don’t let your emotions or irrationality rule. In this episode of Trend Following Radio: Home country bias Diversification Different trading strategies Finding the most successful hedge funds Margin of safety
Today's Inside True Wealth podcast features Mebane Faber. Meb's not only an author, CIO of Cambria Investments, and a guru in the world of ETFs – he's also a good friend of Steve. Meb is a self-proclaimed "quant" investor. He's a math guy and he's made his mark in the investment world by finding what really works in the markets. On today's podcast, Steve and Meb discuss just that – what REALLY works in the markets. Meb explains that many investors fall into two camps – value investors and momentum investors. But like Steve, Meb tries to flirt the line between both ideals. Meb's launched several ETFs that take advantage of his favorite long-term investment strategies. He and Steve discuss a few of these ideas in detail on today's show. In addition, Meb discusses his outlook for markets in the U.S. and around the world. Meb's also planning to publish his next book by the end of January... And he's generously agreed to share a free copy with all podcast listeners. You can listen to the full episode here. Thanks for giving our new show a try and please let us know what you think at feedback@stansberryradio.com
My guest today is Mebane Faber, a noted author (The Ivy Portfolio), blogger, and portfolio manager with Cambria Investment Management. Faber is involved in many different areas of the market, extremely practical and pragmatic. The topic is Trend Following. In this episode of Trend Following Radio we discuss: The podcast medium Trend following, buy & hold, and emotions Anti-fragility Ray Dalio, risk parity, and his strategies All Weather and Pure Alpha Asset allocation as a buy and hold investor Faber's five ETF's, and his factors for starting one Deflation, inflation, Japan, why traders run out of the store when things are on sale Value investing What if governments didn't meddle with markets Jump in! --- I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!
Michael Covel speaks with Mebane Faber. Faber is a a noted author (The Ivy Portfolio), blogger, and portfolio manager with Cambria Investment Management. Faber is involved in many different areas of the market, extremely practical and pragmatic. This is Mebane Faber’s third visit to the podcast and he and Covel discuss the podcast medium; trend following, buy & hold, and emotions; anti-fragility; Ray Dalio, risk parity, and his strategies All Weather and Pure Alpha; asset allocation as a buy and hold investor; Faber’s five ETF’s, and his factors for starting one; deflation, inflation, Japan, why traders run out of the store when things are on sale; value investing; and what if governments didn’t meddle with markets. For more information on Mebane Faber, visit mebfaber.com, cambriafunds.com. Want a free trend following DVD? Go to trendfollowing.com/win.
This week, Mebane Faber, portfolio manager at Cambria Investment Management and one of the smartest quantitative analysts, joins S&A Investor Radio to break down the markets.You'll hear Meb talk about diversification and how high yielding stocks almost always outperform the market.People tend to invest in what they know and what they are comfortable with... does that mean they are missing out on this top-down investment strategy?Meb breaks down exactly what you need to know about tactical global asset allocation.And you won't want to miss Meb and Frank's friendly debate regarding the Shiller P/E ratio ... Meb believes it is one of the best tools to value stocks. Find out why Frank strongly disagrees... And in Frank's educational segment, he shows you a safe back door way to play the shale boom in the U.S.
My guest today is Mebane Faber, a co-founder and the Chief Investment Officer of Cambria Investment Management. Faber is the manager of Cambria's ETFs and separate accounts. Mr. Faber is the host of The Meb Faber Show podcast and has authored numerous white papers and leather-bound books. He is a frequent speaker and writer on investment strategies and has been featured in Barron's, The New York Times, and The New Yorker. The topic is his book Shareholder Yield: A Better Approach to Dividend Investing. In this episode of Trend Following Radio we discuss: State of quant investing in Asia How asset allocation is like "bullets" The benefits of quantitative-style systems Protecting yourself against your own behavioral biases Connections between biology and trading Behavioral finance Keeping yourself from making irrational decisions Boom-bust cycles and bubbles Quant views on the efficient market theory and buy and hold Japanese markets compared to US markets "Cheap" and "expensive" countries and markets Asset class agnosticism Avoiding the big losses Investing based on dividends Momentum as a return factor Exit strategies Jump in! --- I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!
Michael Covel speaks with Mebane Faber on his second visit to the podcast. Faber is a noted author, blogger, and portfolio manager with Cambria Investment Management. His new book, "Shareholder Yield: A Better Approach to Dividend Investing" is out now. If you're into quantitative style investing, Faber is someone who should have your attention. Covel and Faber discuss the state of quant investing in Asia; how asset allocation is like "bullets"; the benefits of quantitative-style systems; protecting yourself against your own behavioral biases; connections between biology and trading; behavioral finance; keeping yourself from making irrational decisions; boom-bust cycles and bubbles; quant views on the efficient market theory and buy and hold; Japanese markets compared to US markets; "cheap" and "expensive" countries and markets; asset class agnosticism; avoiding the big losses; investing based on dividends; momentum as a return factor; and exit strategies. Free trend following DVD: www.trendfollowing.com/win. Also, reach out to Mebane on Twitter @MebFaber and he has agreed to send everyone a free book.
This week, I interview Mebane “Meb” Faber, chief investment officer at Cambria Investment Management.
My guest today is Mebane Faber, a noted author (The Ivy Portfolio), blogger, and portfolio manager with Cambria Investment Management. If you're into quantitative style investing, trend following, and systematic strategies, Mebane is right there with you. Faber grew up in a family full of engineers, and he started off studying biomedical engineering in college. Despite his scientific background, he's always had a strong interest in finance. The topic is his white paper A Quantitative Approach to Tactical Asset Allocation. In this episode of Trend Following Radio we discuss: How coming into finance with his unique background helped to give him the ability to look at the data without getting distracted by investment dogma He spent the majority of his youth in a raging bull market during the internet bubble; however, when he realized his mother's style of buy and hold investing didn't cut it anymore, he was forced to find new methods Jump in! --- I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!
Michael Covel speaks with Mebane Faber. Faber is a a noted author (The Ivy Portfolio), blogger, and portfolio manager with Cambria Investment Management. If you're into quantitative style investing, trend following, and systematic strategies, Mebane is right there with you. Faber grew up in a family full of engineers, and he started off studying biomedical engineering in college. Despite his scientific background, he's always had a strong interest in finance. Faber discusses how coming into finance with his unique background helped to give him the ability to look at the data without getting distracted by investment dogma. He spent the majority of his youth in a raging bull market during the internet bubble; however, when he realized his mother's style of buy and hold investing didn't cut it anymore, he was forced to find new methods. Covel talks to Faber about his white paper, "A Quantitative Approach to Tactical Asset Allocation"; his book, The Ivy Portfolio; the differences between "market timing" and "quant"; behavioral finance; the benefits of trend following systems in reducing volatility and drawdowns over enhancing returns; and the idea of macropessimism/microoptimism. Professor Faber! Special Offer: receive free DVD delivered to your home or office: www.trendfollowing.com/win.