The Meb Faber Show

The Meb Faber Show

mebfaber.libsyn.com/podcast
Better investing starts here.


#235 - Ajay Prakash, Rinse - The Barriers To Entry Are Super Low…But The Barriers To Scale Are Incredibly High
Jul 8 • 55 min
In episode 235 we welcome our guest, Ajay Prakash, co-founder and CEO of Rinse. In today’s episode, we’re talking about building and scaling laundry and dry cleaning. We talk about the origin story behind Rinse and narrowing in on friction in the…
#234 - Harindra de Silva, Analytic Investors of Wells Fargo Asset Management - Just Because A Factor Hasn’t Been Working For 3 Years…Don’t Ignore It…Continue To Evaluate It
Jul 6 • 49 min
In episode 234 we welcome our guest, Harin de Silva, president and portfolio manager for the Wells Fargo Asset Management Analytic Investors team. In today’s episode, we’re talking factors and long/short investing. We discuss factors as anything…
#233 - Lisa Rich, Hemisphere Ventures, Xplore - Opening Up The Door For Access To Space
Jul 1 • 62 min
In episode 233 we welcome our guest, Lisa Rich, managing partner of Hemisphere Ventures and founder and COO of Xplore. In today’s episode, we’re talking about tech and the front lines of space exploration. Lisa walks through her background as an…
#232 - Luis Perez, Remoov - We’re Removing That Headache And We’re Giving You That Piece Of Mind And Your Space Back
Jun 29 • 52 min
In episode 232 we welcome our guest, Luis Perez, Founder of Remoov. In today’s episode, we’re getting organized. We’re talking about taking the work off your hands of removing all of that unwanted clutter. We discuss the idea that was prompted…
#231 - Julian Klymochko, Accelerate Financial Technologies - The Democratization Of Alternatives, It’s Happening, But It’s Something That Does Not Happen Overnight
Jun 24 • 73 min
In episode 231, we welcome our guest, Julian Klymochko, founder and CEO of Accelerate Financial Technologies. In today’s episode, we’re talking liquid alts and democratizing alternative strategies that have been tapped by the world’s largest…
#230 - Ryan Lupberger, Cleancult - There’s No Other Brand On The Market That Can Sit On Shelves And Be Zero Waste
Jun 22 • 48 min
In episode 230 we welcome our guest, Ryan Lupberger, Co-Founder and CEO of Cleancult. In today’s episode, we’re talking cleaning. Sustainable cleaning products to be exact. We talk about Cleancult’s origin story, zero waste packaging, and…
#229 - Evan Brandoff, LeagueSide - There’s No Better Way To Engage With Families In The Community Than Through Youth Sports
Jun 17 • 46 min
In episode 229 we welcome our guest, Evan Brandoff, Co-Founder and CEO of LeagueSide. In today’s episode, we’re talking about targeted, local marketing through youth sports organizations. Marketing through youth sports has been going on for a long…
Cambria Fund Profile Series – Cambria Tail Risk ETF (TAIL)
Jun 15 • 16 min
In today’s episode of the Cambria Fund Profile Series, Meb discusses the Cambria Tail Risk ETF (TAIL). Meb walks through the S&P 500’s move from it’s all time high on February 14th 2020 to it’s recent low on March 23rd 2020 that resulted…
#228 - Danilo Santiago, Rational Investment Methodology - The Market Will Tend To Overpay When Earnings Are Good And Underpay When The Company Gets In Some Kind Of Trouble
Jun 10 • 69 min
In episode 228 we welcome our guest, Danilo Santiago, founding partner of Rational Investment Methodology. In today’s episode, we’re talking stocks and investment process. We take a deep dive into Danilo’s fundamental process that is, to…
#227 - Alex Smereczniak, 2ULaundry - Quality Has to Be At The Forefront of Everything That We’re Doing
Jun 8 • 53 min
In episode 227 we welcome our guest, Alex Smereczniak, Co-Founder and CEO of 2ULaundry. In today’s episode, we’re talking about re-thinking the laundry and dry cleaning business. Alex cut his teeth in the business with a student-run startup at…
#226 - Vineer Bhansali, LongTail Alpha - The Bigger Question To Me Is Not Whether Tail Risk Hedging Is Good Or Bad, But Whether It Is Good Or Bad For Your Current Portfolio Posture
Jun 3 • 63 min
In episode 226 we welcome our guest, Vineer Bhansali, CIO of LongTail Alpha. In today’s episode, we’re talking current markets and tail risk hedging. We get into what has been going on in markets, and talk about asymmetric portfolio construction….
#225 - Eric Crittenden, Standpoint Asset Management - I Enjoy Trying To Win A Marathon Rather Than Winning Sprints
Jun 1 • 64 min
In episode 225 we welcome our guest, Eric Crittenden. In today’s episode, we’re talking managed futures and trend following. We get into investor behavior, and the challenges of getting people to allocate to managed futures, despite the data that…
#224 - Eric Kinariwala, Capsule - The Pharmacy Sits At The Center Of The Healthcare System
May 27 • 41 min
In episode 224 we welcome our guest, Eric Kinariwala, Founder and CEO of Capsule. In today’s episode, we’re talking disruption of the $425 billion pharmacy industry. We hear about the experience that sparked the idea for Capsule. We cover…
#223 - Steven Jorgenson, Starbridge Venture Capital - The Launch Sector is Literally Less Than 2% Of The Space Industry
May 25 • 61 min
In episode 223 we welcome our guest, Steven Jorgenson, Managing General partner of Starbridge Venture Capital. Strap in and let your imagination run wild…In today’s episode, we’re talking about the space industry. We cover the space…
#222 - Dakin Sloss, Prime Movers Lab - Power Law Is The Key To Understanding Venture Capital
May 20 • 73 min
In episode 222 we welcome our guest, Dakin Sloss of Prime Movers Lab. In today’s episode, we’re talking venture capital and investing in breakthrough scientific startups. We get into the way Prime Movers Lab thinks about its place in the…
#221 - Chris Davis, Davis Advisors - As Human Beings, We Don’t Welcome Fear And Panic…As Investors, We Welcome The Bargain Prices That Those Emotions [Tend To] Produce
May 18 • 73 min
In episode 221 we welcome our guest, Chris Davis of Davis Advisors. In today’s episode, we’re talking stocks and investor behavior. We begin with Chris’s background and transition into some of his early lessons about investing and compound…
#220 - Andrew Beer, Dynamic Beta Investments - Can You Match Or Outperform Leading Hedge Funds, But With Low Fees, Daily Liquidity, And Less Downside Risk?
May 13 • 64 min
In episode 220 we welcome our guest, Andrew Beer of Dynamic Beta Investments. In today’s episode, we’re talking hedge funds and replication. We kick things off with some background that includes Andrew’s start in the industry with Seth…
#219 - Paul Collier - What Capitalism Offers Is A Combination Of Competition And Collaboration
May 11 • 48 min
In episode 219 we welcome our guest, Sir Paul Collier. In today’s episode, we’re talking economics and capitalism. We kick things off by covering some instances of the derailment of capitalism. We go all the way back to the mid-1800s to Bradford…
#218 - Adam Karr - One Of The Most Important Decisions You Make Is The Price That You Pay
May 6 • 56 min
In episode 218 we welcome our guest, Adam Karr. In today’s episode, we’re talking stocks and investment process. We cover Orbis’ investment philosophy, and the relentless focus on companies trading at a discount to intrinsic value through a…
#217 - Mary Wheeler - 2019…There Were 20 $1B Biopharma IPOs…We Just Don’t Call Them Unicorns Because They’re Not That Rare
May 4 • 50 min
In episode 217 we welcome our guest, Mary Wheeler, Founding Managing Director of BioRock Ventures. In today’s episode, we get into biotech and venture capital. We cover Mary’s deep background that ultimately influenced her investment focus on…
#216 - David Samra - The Primary Driver of Our Behavior Is Finding a Company That Trades At A Discount To Intrinsic Value
Apr 29 • 55 min
In episode 216 we welcome our guest, David Samra, a managing director of Artisan Partners and founding partner of the Artisan Partners International Value Team. In today’s episode, we discuss David’s background and what led him down the path of…
#215 - David Chan - How Do We Make Farmland As An Asset Class More Accessible?
Apr 27 • 57 min
In episode 215 we welcome our guest, David Chan, COO and a founding team member of FarmTogether. We discuss the FarmTogether platform and making farmland investing more accessible. We cover farmland as an asset class, some history about the fragmented…
#214 - Jake Gibson - We Think This Idea Of Embedded Fintech Is Going To Get Really Interesting In The Years To Come
Apr 22 • 56 min
In episode 214 we welcome our guest, Jake Gibson, founding partner of Better Tomorrow Ventures. We discuss startup investing in the world of fintech. We get into some of the opportunities going forward, from disruption in products, user experience and…
#213 - David Sanderson - The Average Household In The US Uses 5 Streaming Services
Apr 20 • 38 min
In episode 213 we welcome our guest, David Sanderson, founder and CEO of Reelgood. We get into David’s frustrating experience of juggling multiple streaming services and how that ultimately led him to launch Reelgood. We talk about the buildout of…
#212 - Eric Satz - I Want Everybody To Be Able To Invest In Alternative Assets
Apr 15 • 54 min
In episode 212 we welcome our guest, Eric Satz, the founder and CEO of AltoIRA. Eric shares the frustration he experienced trying to make private investments in his retirement account, and how that led him down the path of solving the problem and…
#211 - Julie Novack - We Know Who Works Together…We Can Amplify Those Real World Relationships…That Is Such A Powerful Network Effect
Apr 13 • 50 min
In episode 211 we welcome our guest, Julie Novack, the CEO and co-founder of PartySlate. We discuss the party planning industry and how PartySlate is bringing something entirely different to the table with its content-rich platform and transparent…
#210 - Jonathan Treussard - Be Aware Of The Cracks Under Your Feet
Apr 8 • 56 min
In episode 210 we welcome our guest, Jonathan Treussard, Partner, and Head of Product Development at Research Affiliates. We discuss what’s currently going on in the world around us and how rapidly things are changing. We cover the idea of…
#209 - Andrew Schulz - A Lot Of Our Competitive Advantage Is How We Quantify Sound
Apr 6 • 31 min
In today’s episode we welcome our guest, Andrew Schulz, co-founder and CEO of NoiseAware. We discuss the miserable experience that led to the fresh idea behind NoiseAware’s smart sensor and noise-monitoring technology. We get into the product, use…
#208 - How Long Can You Handle Underperforming?
Apr 1 • 16 min
Episode 208 is a Mebisode. Meb reads a recent piece that highlights the data and reality of market drawdowns, underperformance, and some statistics that illustrate that investors may not be prepared to face the reality of how long underperformance can…
#207 - Jeremy Yamaguchi - It’s…One Of The Last Markets In The US…That Has Been…Resistant To Technology
Mar 25 • 49 min
In episode 207, we welcome our guest, Jeremy Yamaguchi, founder of Lawn Love. We kick off the episode by getting into Jeremy’s background as a son of missionaries, starting his first company at the age of 16, and the curious mind and discerning eye…
#206 - Meb’s take on Investment Plans, Building and Maintaining Wealth, How Meb Invests, and Investing in the time of Corona
Mar 18 • 87 min
Episode 206 is a Mebisode. Meb reads a few of his recently penned pieces. He covers the importance of being prepared for market turbulence with an investment plan. He then walks through some core ideas for building and maintaining wealth. He ties…
#205 - Derren Geiger - E&P Companies Are Doing Whatever They Can To Achieve Cash Flow Neutrality
Mar 11 • 42 min
In episode 205, Meb talks with Cornerstone Acquisition and Management CEO and Portfolio Manager, Derren Geiger. Meb and Derren cover Caritas Funds’ process for investing in onshore US oil & gas mineral rights and royalty interests. They get into…
#204 - Doug Hapeman and Matt Milford - We Have This Vision Of Recreating Mental Healthcare With Technology To Make People Happier and Healthier
Mar 4 • 34 min
In episode 204, Meb talks with Foresight Mental Health co-founders Doug Hapeman and Matt Milford. They discuss Foresight’s origin story and the vision Doug and Matt had to apply technology to radically improve mental healthcare. They get into the…
#203 - Sanchal Ranjan - We Give You A Different Lifestyle To Work And Play
Feb 26 • 46 min
In episode 203, Meb talks with ZiffyHomes co-founder and CEO, Sanchal Ranjan. Meb and Sanchal discuss the story behind ZiffyHomes and how Sanchal and his co-founder are finding an edge in technology to offer a more uniform platform to improve home…
#202 - Joe Davis - The Idea Multiplier…We Believe It’s One Of The First Leading Indicators Of Commercial Innovation
Feb 19 • 84 min
In episode 202, Meb talks with Vanguard’s global chief economist and the global head of Vanguard Investment Strategy Group, Joe Davis. Meb and Joe get into the broad framework of Vanguard’s research, and some depth on the thinking and process…
#201 - The Case For Global Investing
Feb 12 • 45 min
Episode 201 is a Mebisode. In this episode, you’ll hear Meb discuss his favorite research pieces on international investing from 2019. He covers diversification through the lens of company revenue exposure, international stock dividend yields, and…
#200 - Radio Show - Decade End Returns and Valuations…Process vs. Performance…VC Power Laws
Feb 5 • 52 min
Episode 200 has a radio show format. We cover a variety of topics, including: Coronavirus – how investors should be thinking about shocks CalPERS firing managers Venture capital and power laws Knowing what you own There’s this and plenty more in…
#199 - Peter Livingston - All My Best Investments Were The Ones I Couldn’t Get Anyone Else To Do
Jan 29 • 69 min
In episode 199 we welcome our guest, Peter Livingston. Peter and Meb spend some time on Peter’s background and his experience as an engineer and a founder. They then dive into venture capital investing and Peter’s thoughts on the corporate VC…
#198 - Rabi Gupta and Satwick Saxena - EvaBot Is…A Gifting Assistant…It Makes It Easy For Businesses to Send Gifts
Jan 22 • 53 min
In episode 198 we welcome our guests, Rabi Gupta and Satwick Saxena. Rabi and Satwick walk through the early days of EvaBot and how the pair started the company accidentally as a way to improve their networking efforts in Silicon Valley. As a result…
#197 - Rick Rule - In Resources You Are Either A Contrarian Or You Are Going To Be A Victim
Jan 15 • 57 min
In episode 197 we welcome our guest, Rick Rule. Rick and Meb start with Rick’s background in natural resource investing and Rick getting into his outlook for resources and precious metals. Meb and Rick dive into some of the forces that he sees…
#196 - Minnie Ingersoll - I Do Believe That Innovation In Our Country Is The Huge Bright Spot
Jan 8 • 78 min
In episode 196 we welcome our guest, Minnie Ingersoll. Minnie and Meb start the conversation by getting into venture capital investing and the nature of investing in early startup companies focused on software and data. They get into Minnie’s firm,…
The Best Investment Writing Volume 3: Selected Writing from Prominent Investors and Authors
Jan 6 • 338 min
Last year when we published The Best Investment Writing Volume 2, we offered authors the opportunity to record an audio version of their chapter to be released as a segment of the podcast, and listeners loved it. This year, we’re bringing you the…
#195 - Top Podcasts 2019 - Replay: Bill Smead, Cam Harvey, Raoul Pal
Jan 1 • 235 min
Episode 195 is a replay of The Meb Faber Show’s top podcasts of 2019. Guests include Bill Smead, Cam Harvey, and Raoul Pal Hear Bill Smead discuss his firm’s value investing process, his view of the investing landscape, and his thoughts about…
The Best Investment Writing Volume 3: Frazer Rice – Preparing For The Hurricane Of Wealth
Dec 30, 2019 • 18 min
Last year when we published The Best Investment Writing Volume 2, we offered authors the opportunity to record an audio version of their chapter to be released as a segment of the podcast, and listeners loved it. This year, we’re bringing you the…
#194 - Doug McCormick - I Generally Believe People Underestimate The Duration Of The Time That They Will Be Invested
Dec 25, 2019 • 51 min
In episode 194 Meb and Doug kick off the conversation about thinking about a family as a business. Doug discusses the idea that people effectively have two businesses, selling labor in the marketplace, and converting income into financial assets. Doug…
The Best Investment Writing Volume 3: Wes Gray – Academic Factor Portfolios are Extremely Painful. Unless you are an Alien.
Dec 23, 2019 • 15 min
Last year when we published The Best Investment Writing Volume 2, we offered authors the opportunity to record an audio version of their chapter to be released as a segment of the podcast, and listeners loved it. This year, we’re bringing you the…
#193 - Chris Brightman - Here We Are With Emerging Markets Again Trading At A Shiller PE Multiple Less Than Half Of The US Stock Market
Dec 18, 2019 • 64 min
In episode 193 we welcome our guest, Chris Brightman. Meb and Chris start the conversation with an evolution of economic and monetary theory over the past decades, and some detail behind Modern Monetary Theory. Chris then expands on inflation, the…
The Best Investment Writing Volume 3: Ben Johnson – When Markets Are Tough, Don’t Look
Dec 16, 2019 • 9 min
Last year when we published The Best Investment Writing Volume 2, we offered authors the opportunity to record an audio version of their chapter to be released as a segment of the podcast, and listeners loved it. This year, we’re bringing you the…
#192 - Tim Hayes - The Base Case Is We’re Still In The Same Secular Bull Market That We’ve Been In Since 2009
Dec 11, 2019 • 57 min
In episode 192 we welcome our guest, Tim Hayes. Tim and Meb kick off the conversation with an overview of the data driven Ned Davis research process and how the team gains an understanding of what is going on the market. Meb then asks Tim to expand on…
The Best Investment Writing Volume 3: Todd Tresidder – Bubbles, Bubbles Everywhere – How To Protect Yourself
Dec 9, 2019 • 35 min
Last year when we published The Best Investment Writing Volume 2, we offered authors the opportunity to record an audio version of their chapter to be released as a segment of the podcast, and listeners loved it. This year, we’re bringing you the…
#191 - Simon Hallett - Wherever We Can, We’ve Added Something That’s Based Upon Behavioral Finance
Dec 4, 2019 • 71 min
In episode 191, we welcome our guest, Simon Hallett. Simon and Meb start off the conversation with a run-down of Simon’s firm, Harding Loevner, cover its quality growth investment approach as well as its long-term focus. Simon gives some insights…
#190 - Radio Show: Buying Stocks At All Time Highs…Fund Manager Sentiment…Year End Questions for Advisors and Brokers
Dec 2, 2019 • 42 min
Episode 190 has a radio show format. We cover a variety of topics, including: Buying stocks at all-time highs 2010 Fund Manager of the Decade Jim Simons Year-end questions for advisors and brokers There’s this and plenty more in episode 190.
#189 - John Parise - 70% Of Wealth Is Lost In The 3rd Generation
Nov 27, 2019 • 67 min
In Episode 189 we welcome our guest, John Parise. John and Meb kick off the conversation with the idea of the family CFO and wealth planning. As John gained experience in financial planning, he investigated the family office model, and he consistently…
The Best Investment Writing Volume 3: Ray Micaletti – The Smart Money Indicator: A New Risk Management Tool
Nov 25, 2019 • 42 min
Last year when we published The Best Investment Writing Volume 2, we offered authors the opportunity to record an audio version of their chapter to be released as a segment of the podcast, and listeners loved it. This year, we’re bringing you the…
#188 - Andreas Clenow - Trend Following Is…About Taking A Lot of Bets On A Very Large Number Of Markets
Nov 20, 2019 • 69 min
In episode 188 we welcome our guest, Andreas Clenow. Meb and Andreas start the conversation with a hat on what hooked Andreas on trend following, and his book, Following the Trend. Andreas discusses running trend following as a portfolio…
The Best Investment Writing Volume 3: Jack Forehand – The Case Against Value Stocks
Nov 18, 2019 • 7 min
Last year when we published The Best Investment Writing Volume 2, we offered authors the opportunity to record an audio version of their chapter to be released as a segment of the podcast, and listeners loved it. This year, we’re bringing you the…
#187 - Kevin Carter - The Thing That’s Emerging Are The People, It’s All About The Consumer
Nov 13, 2019 • 72 min
In episode 187 we welcome our guest, Kevin Carter. Meb and Kevin start the conversation with some background on Kevin’s career, getting to know Burton Malkiel, and launching EMQQ. Kevin offers some of his thoughts on investing in China,…
The Best Investment Writing Volume 3: Scott Bell – The Asset of Gratitude
Nov 11, 2019 • 10 min
Last year when we published The Best Investment Writing Volume 2, we offered authors the opportunity to record an audio version of their chapter to be released as a segment of the podcast, and listeners loved it. This year, we’re bringing you the…
#186 - Carter Malloy - I Looked At Farmland And Realized…It’s Wildly Inefficient
Nov 6, 2019 • 62 min
In episode 186 we welcome our guest, Carter Malloy. Meb kicks off the conversation with Carter’s background in finance and growing up in a farming family. When conducting research on the asset class. He saw attractive returns historically, but there…
The Best Investment Writing Volume 3: Larry Swedroe – Investment Strategy in an Uncertain World
Nov 4, 2019 • 28 min
Last year when we published The Best Investment Writing Volume 2, we offered authors the opportunity to record an audio version of their chapter to be released as a segment of the podcast, and listeners loved it. This year, we’re bringing you the…
#185 - Ben Claremon - Value Investing Will Always Have A Place
Oct 30, 2019 • 79 min
In episode 185 we welcome our guest, Ben Claremon. Ben and Meb start the conversation with some background on the blog Ben started in school, The Inoculated Investor. From there, the pair move on to discuss Cove Street and the investment process. Ben…
#184 - You Could Have Missed…
Oct 28, 2019 • 18 min
Episode 184 is a Meb Short. In this episode, you’ll hear Meb discuss the CAPE ratio, flawed logic behind the conclusion that “CAPE doesn’t work,” probabilistic investing, and a global perspective on CAPE. All this and more in episode 184.
#183 - Ben Inker - The Problem With Good Returns In The Near Term Is They Have To Be Paid Back Sometime
Oct 23, 2019 • 69 min
In episode 183 we welcome our guest, Ben Inker. Ben and Meb start the conversation with a chat about Ben’s thoughts on markets which include the overriding theme that non-us markets are currently presenting opportunity for investors. Next, Meb asks…
The Best Investment Writing Volume 3: Gary Antonacci – Extended Backtest of Global Equities Momentum
Oct 21, 2019 • 13 min
Last year when we published The Best Investment Writing Volume 2, we offered authors the opportunity to record an audio version of their chapter to be released as a segment of the podcast, and listeners loved it. This year, we’re bringing you the…
#182 - Larry Hite - I Want To Be In A Position Where Something Great Can Happen…If I Don’t Get That, I Don’t Want To Play
Oct 16, 2019 • 59 min
In episode 182 we welcome our guest, Larry Hite. Larry and Meb start off the conversation with Larry’s origin as a trend follower, and the parallels to trend following and life. Larry follows with personal challenges he overcame in life, and how he…
#181 - Radio Show: Zero Trading Commissions…Valuations…And Trend Following
Oct 14, 2019 • 36 min
Episode 181 has a radio show format. We cover a variety of topics, including the new ETF rule: Major brokerage firms dropping ETF trading commissions to $0 New ETF rule Market valuation Trend following Investment Process There’s this and plenty…
#180 - Rodrigo Gordillo - “This Craftsmanship Perspective Is About Identifying The Difference Between Complex Versus Robust”
Oct 9, 2019 • 76 min
In episode 180 we welcome back our guest, Rodrigo Gordillo. Meb and Rodrigo start the conversation with a walk through Rodrigo’s background and his experience growing up in Peru. Rodrigo then gets into his framework for thinking about investing and…
The Best Investment Writing Volume 3: Justin J. Carbonneau – 10 Reasons Why It’s Tough to be a True “Intelligent Investor”
Oct 7, 2019 • 11 min
Last year when we published The Best Investment Writing Volume 2, we offered authors the opportunity to record an audio version of their chapter to be released as a segment of the podcast, and listeners loved it. This year, we’re bringing you the…
#179 - Dan Ferris - What We Do In The Markets, It’s An Unnatural Act…You’ve Got To Have Some Discipline
Oct 2, 2019 • 70 min
In episode 179 we welcome our guest, Dan Ferris. Meb begins with a discussion of Dan’s background as a guitarist, and his path into finance. Dan then provides a high level view of his framework for how he thinks about investing. He discusses…
#178 - Nobody Wants To Invest In Your Sh*t
Sep 30, 2019 • 13 min
Episode 178 is a Meb Short. In this episode, you’ll hear Meb discuss the transactional nature of investing, finding an investment approach that works, and deploying an objective framework to govern removal investments and considering new ones.
#177 - Alex Rubalcava - We Want To Help Build Companies That Are Solving Hard Problems That Matter
Sep 25, 2019 • 67 min
In episode 177, we welcome back our guest, Alex Rubalcava. Alex and Meb start the conversation by discussing startup company fundraising, and how it has gotten more difficult to attract top-tier VC firms. The two then get into Alex’s firm, the track…
The Best Investment Writing Volume 3: Wes Gray – Factor Investing Fact Check: Are Value and Momentum Dead?
Sep 23, 2019 • 28 min
Last year when we published The Best Investment Writing Volume 2, we offered authors the opportunity to record an audio version of their chapter to be released as a segment of the podcast, and listeners loved it. This year, we’re bringing you the…
#176 - Adam Tkaczuk - We Think There Is About A 3% Per Year Tax Benefit To This
Sep 18, 2019 • 64 min
In episode 176, we welcome our guest, Adam Tkaczuk. Adam and Meb kick off the episode with an overview of opportunity zones. Meb then asks about the best way to source investments in OZs. Adam provides some background, resources, and some wisdom that…
#175 - The Biggest Valuation Spread In 40 Years?
Sep 16, 2019 • 7 min
Episode 175 is a Meb Short. In this episode, you’ll hear Meb discuss a key development to be aware of in global markets, the valuation spread between the most and least expensive markets around the world. Meb explains why it is important to study…
#174 - Amlan Roy - Monetary Policy is Very Ineffective In A World Where We Are Getting Very Old
Sep 11, 2019 • 57 min
In episode 174, we welcome our guest, Amlan Roy. Amlan and Meb start the conversation off with a discussion on demographics, why we need to understand them, and the idea that monetary policy is relatively ineffective in the demographic environment the…
The Best Investment Writing Volume 3: Bob Seawright – Dear Future Me
Sep 9, 2019 • 10 min
Last year when we published The Best Investment Writing Volume 2, we offered authors the opportunity to record an audio version of their chapter to be released as a segment of the podcast, and listeners loved it. This year, we’re bringing you the…
#173 - Tom Williams - I Want To Be That First Call In The Darkest Of Days
Sep 4, 2019 • 108 min
In episode 173, we welcome our guest, Tom Williams. Tom and Meb get right into Tom’s background, moving to the Bay Area alone, and finding a job at the age of 15. He then spends some time on building BetterCompany, a mobile app designed to bring…
#172 - Cam Harvey - This is a Time of Considerable Risk of a Drawdown
Aug 28, 2019 • 107 min
In episode 172, we welcome our guest, professor Cam Harvey. Meb and professor Harvey begin the conversation with professor Harvey’s 1986 dissertation on the yield curve, and his finding that when the yield curve inverts, it precedes a recession. His…
The Best Investment Writing Volume 3: Corey Hoffstein – Factor Fimbulwinter
Aug 26, 2019 • 17 min
Last year when we published The Best Investment Writing Volume 2, we offered authors the opportunity to record an audio version of their chapter to be released as a segment of the podcast, and listeners loved it. This year, we’re bringing you the…
#171 - Raoul Pal - Buy Bonds. Buy Dollars. Wear Diamonds.
Aug 21, 2019 • 68 min
In episode 171, we welcome back our guest from episode 46, Raoul Pal. Raoul and Meb start with a chat about one of Raoul’s tweets, “Buy Bonds. Buy Dollars. Wear Diamonds.” Raoul explains that he sees global growth slowing after the longest…
#170 - Bill Martin - On The Short Side, Position Sizing Is The Biggest Driver Of Success
Aug 14, 2019 • 59 min
In episode 170, we welcome our guest, Bill Martin. Bill and Meb start the conversation by diving into Bill’s early entrepreneurial experience running Ragingbull.com. He discusses the business, raising capital, and ultimately selling the business….
The Best Investment Writing Volume 3: Aswath Damodaran – The Perils of Investing Idol Worship: The Kraft Heinz Lessons!
Aug 12, 2019 • 15 min
Last year when we published The Best Investment Writing Volume 2, we offered authors the opportunity to record an audio version of their chapter to be released as a segment of the podcast, and listeners loved it. This year, we’re bringing you the…
#169 - Jeremy Jacobson - We Ended Up Saving Roughly 70% Of After-Tax Income For About 10 Years
Aug 7, 2019 • 44 min
In episode 169, we welcome our guest, Jeremy Jacobson. Jeremy begins with his backstory of being an engineer by trade, and after paying off his school loans and taking a vacation, he decided to apply his engineering framework to approach saving and…
#168 - Brian Livingston - What’s True Is That We Have To Adapt To Modern Markets
Jul 31, 2019 • 64 min
In episode 168 we welcome Brian Livingston. Brian discusses his background and eventual transition into the world of investing out of a need to invest the money he had from the proceeds of selling his email newsletter. Meb then asks Brian to get into…
The Best Investment Writing Volume 3: Rob Arnott – Yes. It’s a Bubble. So What?
Jul 29, 2019 • 13 min
Last year when we published The Best Investment Writing Volume 2, we offered authors the opportunity to record an audio version of their chapter to be released as a segment of the podcast, and listeners loved it. This year, we’re bringing you the…
#167 - The Cannabis Opportunity
Jul 24, 2019 • 17 min
Episode 167 is a Meb Short. In this episode, you’ll hear Meb discuss a fresh opportunity…The Cannabis Opportunity. Meb covers some of his thoughts on thematic investing and how we arrived at where we are today. He gets into the opportunity we have…
#166 - Radio Show - Greece and Russia Are Having Monster Years…Geographic Diversification…and Meb’s 401(k)
Jul 24, 2019 • 47 min
Episode 166 has a radio show format. We cover a variety of topics, even Meb’s investment portfolio: Bonds, stocks, and valuation A Tweet from Movement Capital showing the various phases on 10-Yr Treasury return. Annualized Real total return from…
#165 - Chris Mayer - I Do Think The Biggest Challenge…Is Keeping It, Holding On To It
Jul 17, 2019 • 49 min
In episode 165, we welcome our guest, Chris Mayer. Meb starts off asking Chris about his background, then shifts to the subject of 100 baggers. Chris provides insight into his work on analyzing companies that have returned 100-to-1. He discusses the…
The Best Investment Writing Volume 3: Mike Philbrick – Diversification: What Most Novice Investors Miss About Trend Following
Jul 15, 2019 • 22 min
Last year when we published The Best Investment Writing Volume 2, we offered authors the opportunity to record an audio version of their chapter to be released as a segment of the podcast, and listeners loved it. This year, we’re bringing you the…
#164 - Jake Shapiro - It’s This Incredibly Engaging, Highly Effective Medium For Really Valuable Listening
Jul 10, 2019 • 63 min
In episode 164, we welcome our guest, Jake Shapiro. Jake begins by talking about his background, as well as his early days in public radio with NPR. Meb asks Jake to expand on major moments for podcasts. Jake discusses the three waves of podcast…
#163 - Albert Meyer - You’re Held In Higher Regard When You Don’t Dilute Shareholders
Jul 3, 2019 • 77 min
In episode 163, we welcome our guest, Albert Meyer. Albert begins with his backstory as an accountant and his time in academia with the ultimate transition to the world of investment management. He then gets into his early days in the investing world…
The Best Investment Writing Volume 3: Paul Novell – When Models Fail
Jul 1, 2019 • 15 min
Last year when we published The Best Investment Writing Volume 2, we offered authors the opportunity to record an audio version of their chapter to be released as a segment of the podcast, and listeners loved it. This year, we’re bringing you the…
#162 - Chase Nobles - I Think Other Ag Industries Are Going To Be Playing Catch Up With What We’ve Learned Through Hemp and Cannabis
Jun 26, 2019 • 52 min
In episode 162, we welcome our guest, Chase Nobles. Chase kicks off the episode with some background, meeting his business partner, and how he went on to become the co-founder of Kush.com. He then gets into starting Kush Tourism as a resource for…
#161 - Brandon Zick - In Row Crops You’re Generating A Lot Of Current Income
Jun 19, 2019 • 88 min
In episode 161, we welcome our guest, Brandon Zick. Brandon begins talking about his background in farming, and the current ownership structure he’s seeing in the farm business; land ownership and operations are a generation or two removed, which…
The Best Investment Writing Volume 3: Jack Vogel – Trust The Process
Jun 17, 2019 • 35 min
Last year when we published The Best Investment Writing Volume 2, we offered authors the opportunity to record an audio version of their chapter to be released as a segment of the podcast, and listeners loved it. This year, we’re bringing you the…
#160 - John Huber - Stock Prices Fluctuate Much More Than The Underlying Businesses
Jun 12, 2019 • 71 min
In episode 160, we welcome our guest, John Huber. John begins with some background on his approach to investing, and the framework he relies on at Saber Capital Management. John modeled his strategy after the early years of Warren Buffett’s…
#159 - Ashby Monk - The Fee And Cost Issue Is Important Because It Is A Catalyst For Innovation
Jun 5, 2019 • 66 min
In episode 159, we welcome our guest, Ashby Monk. The episode kicks off with a discussion about the concept of saving planet earth and the important role that asset owner investors, the largest institutions in the world such as sovereign wealth funds…
#158 - Tobias Carlisle - The Way To Get The Best Performance Is To Concentrate Into Industries When They Get Cheap
May 29, 2019 • 56 min
In episode 158, we welcome back our gest from episode #77, founder of the Acquirers Funds, Tobias Carlisle. Toby begins by providing some detail about his new fund, The Acquirers Fund, a long/short deep value U.S. equity fund. He then spends…
#157 - Randy Swan - Always Invested, Always Hedged
May 22, 2019 • 46 min
In episode 157, we welcome back our guest from episode 83, Randy Swan. Randy and Meb kick off the conversation by getting into Randy’s new book, and what motivated him to write. Randy talks about having an opportunity to go back and write about how…
#156 - Steve Glickman - I Think There’s A Lot Weighing On How Successful We Are At Achieving The Goals Of Opportunity Zones
May 15, 2019 • 57 min
In Episode 156 we welcome back our guest from episode #115, Steve Glickman. To get listeners up to speed, Steve starts with an overview of what Opportunity Zones are, some specifics about the design of the program, and some concepts behind how…
#155 - Aswath Damodaran - They [Uber And The Ride Sharing Companies Collectively] Have Disrupted This Business…That’s The Good News, The Bad News Is I Don’t Think They’ve Figured Out A Business Model That Can Convert That Growth Into Profits
May 10, 2019 • 57 min
For this special Friday episode, we welcome NYU professor and valuation expert, Aswath Damodaran. As it is Uber IPO day, Meb and Professor Damodaran start with a discussion about Uber and ride sharing valuations. Next, the two get into Professor…
#154 - Frank Curzio - You Have To Be Able To Adapt To Different Strategies In Different Markets Because They’re Ever Changing
May 8, 2019 • 59 min
In episode 154 we welcome Frank Curzio. Frank begins with his origin story, learning to conduct financial research from his dad, working for Jim Cramer and the incredible industry and company access he had, and eventually launching Curzio Research….
#153 - Kim Shannon - I’ve Long Believed That The Market Reflects Human Nature As Much As It Does Underlying Fundamental Value
May 1, 2019 • 53 min
In episode 153 we welcome Kim Shannon. Kim begins with a discussion of human nature and her value investing framework. She covers the importance of using discipline, the characteristics she and her team look for, the question of value’s efficacy,…
#152 - Kevin Smith and Tavi Costa - We Believe We’re In The Early Stages Of A Bear Market
Apr 24, 2019 • 54 min
In episode 152 we welcome Kevin Smith and Tavi Costa of Crescat Capital. Kevin kicks off the conversation with an overview of Crescat’s approach, the long-only strategy, long/short equity hedge fund, and Global Macro Fund. Tavi then gets into high…
#151 - Divya Narendra - Valuation Is Probably The Most Critical Component of SumZero’s Thesis
Apr 17, 2019 • 57 min
In episode 151 we welcome Divya Narendra, CEO & Co-Founder of SumZero. Divya begins by talking about the beginnings of SumZero and finding its initial traction by Divya calling friends from other funds and politely asking them to submit research….
#150 - Bill Smead - The United States Economy is Highly Likely To Be The Strongest The Next 10 Years It’s Been Since The Baby Boomers Went Through The 30-45 Year-Old Age Range
Apr 10, 2019 • 62 min
In episode 150 we welcome Bill Smead. Bill begins with how he came to be a value investor, describing himself as someone who came from a family of educated gamblers, and as a boy, going to greyhound races, learning to put probabilities in his favor,…
#149 - Phil Haslett - Lyft’s Doing $2 Billion Dollars A Year In Revenue, And It’s Growing That Revenue 105% A Year. There Are Only 8 Companies Listed On The Stock Exchange In The U.S. With That Kind Of Profile
Apr 3, 2019 • 59 min
In episode 149 we welcome back our guest from Episode 122, Phil Haslett. Meb and Phil begin the episode with a chat of the IPO environment so far in 2019, and the recent Lyft IPO. Phil then gets into the cyclicality of IPOs in general, and that IPOs…
#148 - Paul Lountzis - The Qualitative Characteristics Are Becoming Significantly More Meaningful And More Important In Company Analysis
Mar 27, 2019 • 74 min
In episode 148 we welcome Paul Lountzis. Paul starts with his background in consulting that led him to develop a skillset in competitive analysis that meant going out into the field to conduct research far beyond the numbers, leading to…
#147 - The Stay Rich Portfolio (or, How to Add 2% Yield to Your Savings Account)
Mar 20, 2019 • 15 min
Episode 147 is a Meb Short. In this episode, you’ll hear Meb discuss a critical topic to consider for investors…The portfolio that helps you get rich isn’t necessarily the portfolio that’s going to help you remain rich. In this piece, Meb…
#146 - Neil Littman - The More Risk You Kill, Inherently, The More Value You Create
Mar 13, 2019 • 59 min
In episode 146 we welcome Neil Littman. Neil starts with his background and how he came up with the idea of Bioverge, a platform that offers an opportunity to invest in healthcare startups, with the mission of democratizing access to early stage…
#145 - Cloning The Largest Hedge Fund In The World: Bridgewater’s All Weather
Mar 6, 2019 • 11 min
Episode 145 is a Meb Short. In this episode, you’ll hear Meb follow-up on his 2014 article, Cloning the Largest Hedge Fund in the World: Bridgewater’s All Weather. Meb covers how Bridgewater’s All Weather portfolio compared to the global asset…
#144 - Marty Bergin - Adapt Or Die
Feb 27, 2019 • 56 min
In Episode 144 we welcome Marty Bergin. Marty begins by going through his background, the history of Dunn Capital and the relationship he had with Bill Dunn, the founder of Dunn Capital. That relationship opened the door for Marty to ultimately work…
#143 - David Eifrig - Most People Run Losses Into The Ground
Feb 20, 2019 • 68 min
In episode 143 we welcome Dr. David Eifrig. David begins by going through his background and pathway to finance. He first discovered his interest in investing through the occasional Barron’s issue, and understood he didn’t want to follow in his…
#142 - Ryan Ansin - I Don’t Believe That It’s Easy To Back Into Revenue In This Industry, There Are Just A Thousand Things That Can Go Wrong
Feb 13, 2019 • 55 min
In episode 142 we welcome Ryan Ansin. Ryan begins by discussing how his introduction into the cannabis industry started with thoughtful conversations at home, focused on the social justice perspective. He started investing in the industry over 4 years…
#141 - Radio Show - 34 of 40 Countries Have Negative 52 Week Momentum…Big Tax Bills for Mutual Fund Investors…and Listener Q&A
Feb 6, 2019 • 54 min
Episode 141 has a radio show format. We cover tweets of the month from Meb as well as listener Q&A. For Tweets of the Month, a few topics we cover include: A tweet from Charlie Bilello covering the range of equity returns over the past 11 years,…
#140 - Ralph Acampora - Don’t Ever Fight Papa Dow
Jan 30, 2019 • 56 min
In episode 140 we welcome Ralph Acampora. Ralph begins with his background and talks about the accident that left him in a body cast for months. His father’s best friend left a copy of something market related that he was reading when he visited the…
#139 - Taz Turner and Nate Nienhuis - We’re Really Driving At What We Feel Is The Holy Grail Of Cannabis
Jan 23, 2019 • 60 min
In episode 139, we welcome Taz Turner, CEO, and Nate Nienhuis, COO, of CordovaCann in the 4th installment of our cannabis series. The episode begins with the backstory behind CordovaCann, and the mission to produce superior plants and consistent and…
#138 - Yariv Haim - You Should Never Try To Reassess Your Risk Appetite When Markets Crash
Jan 16, 2019 • 59 min
In episode 138, we welcome Yariv Haim. Yariv begins with his backstory. He had been working for a family running marketing and business development. He was asked to get involved with the investment management needs of the family, and through a path of…
#137 - Emily and Morgan Paxhia - The Growers Who Focused On Creating Efficient Operations Are The Ones That Are Still Around Today
Jan 9, 2019 • 49 min
In episode 137 we welcome the sibling duo, Emily and Morgan Paxhia. Emily and Morgan begin by discussing their backstory, and how coming from a family with an entrepreneurial background influenced their path to start Poseidon Asset Management to…
#136 - Steve Romick - Value Investing Is, To Us, Simply Investing With A Margin Of Safety, Believing That You’ve Made An Investment Where It’s Hard To Lose Money Over Time
Jan 2, 2019 • 61 min
In episode 136, we welcome Steve Romick. The conversation begins with Steve explaining that he hated losing more than he enjoyed winning, and while there wasn’t one event that led him to value investing, he considers his aversion to loss a…
#135 - Karan Wadhera - We’re Still In Very, Very Early Innings For What’s Going To Be An Incredible Ride
Dec 26, 2018 • 41 min
In Episode 135, we welcome Karan Wadhera. We start with Karan giving his backstory that includes a stint at Goldman Sachs and some entrepreneurship. After some time studying the industry, he ultimately got involved in the Cannabis space with Casa…
#134 - Chris Cole - Volatility Is The Instrument That Makes Us Face Truth
Dec 19, 2018 • 62 min
In Episode 134, we welcome Chris Cole. Meb kicks off the show by asking Chris to describe his nontraditional background. Chris studied cinematography in film school at USC, while trading options in his spare time. He eventually made a career switch…
#133 - Todd Harrison - Humanity Has Had a 30,000 Year Relationship with Cannabis
Dec 12, 2018 • 49 min
In Episode 133, we welcome Todd Harrison. Meb begins the conversation asking Todd about what got him into the cannabis space. Todd discusses his intellectual curiosity of the space, and what he has learned about the history of cannabis, from the…
#132 - Radio Show - Since 1989 80% of Stocks Had a Collective Return of 0%… A Goldman Bear-Market Indicator at Its Highest Point in Decades… and Listener Q&A
Dec 5, 2018 • 68 min
Episode 132 has a radio show format. In this one, we cover numerous Tweets of the Week from Meb as well as listener Q&A. For our Tweets of the Week, a few we cover include: A chart from Longboard about returns. Since 1989, the worst performing…
#131 – David Rosenberg - If Next Year is Not a Recession, It’s Going to Feel Like It
Nov 28, 2018 • 43 min
In Episode 131, we welcome economist David Rosenberg. We jump right into David’s view of the current economic landscape. David talks about the global economy, especially the US looking classically late cycle, as the economy is running low on skilled…
#130 - Eric Falkenstein - I Think in the Long Run (Cryptocurrencies) Are Going to Work
Nov 21, 2018 • 50 min
In Episode 130, we welcome Eric Falkenstein. The show starts with Meb and Eric discussing ice fishing in Minnesota (where Eric is currently located). But then Meb asks for Eric’s origin story. Eric tells us about being a teacher’s assistant for…
#129 - Meb’s Take on Return Expectations, Portfolio Construction, and Practical Market Approaches
Nov 14, 2018 • 66 min
Episode 129 is a solo-Meb show. Meb has been out on the road, giving speeches. In this “Mebisode,” you’ll hear Meb’s most recent talk. It covers forward-looking return expectations, an offer to book some time to chat with Meb one-on-one, best…
#128 - Claude Lamoureux - When You Have to Make A Decision, Always Make the One That Will Help You Sleep Better, Not Eat Better
Oct 31, 2018 • 50 min
In Episode 128, we welcome pension fund expert, Claude Lamoureux. We start with Claude’s background, which took him from Met Life to running the Ontario Teachers Pension Plan. When Claude took over the pension, the fund was invested in just Canadian…
#127 - Radio Show - Meb and Elon Musk Talk Shorting… Conflicting U.S. Valuation Indicators… and Listener Q&A
Oct 24, 2018 • 62 min
Episode 127 has a radio show format. In this one, we cover numerous Tweets of the Week from Meb as well as listener Q&A. We start with Meb telling us about his recent back-and-forth over Twitter with Elon Musk, discussing short-selling. Meb uses…
#126 - Karen Finerman - ‘Out-of-Favorness’ Is Appealing. The Difficult Part is Timing
Oct 17, 2018 • 52 min
In Episode 126, we welcome entrepreneur, author, and investor, Karen Finerman. The episode starts with an interesting connection – Karen and Meb’s wife both attended the same high school in Los Angeles, and apparently, it’s the only high school…
#125 - Tom Barton - The Biggest Problem Investors Have is Things Change…and They Don’t Change
Oct 10, 2018 • 84 min
In Episode 125, we welcome famed short-seller and early stage investor, Tom Barton. We start by going way back, after Tom graduated from Vanderbilt. He walks us through his early career experiences which helped him sharpen his business analysis…
Bonus Episode: Wes Gray - Factor Investing is More Art, and Less Science
Oct 8, 2018 • 51 min
We recently published The Best Investment Writing, Volume 2. The first book was a hit, with MoneyWeek concluding that it “should be on every investor’s bookshelf.” But we made the second volume even better – we expanded it to include 41…
#124 - Howard Marks - It’s Not What You Buy, It’s What You Pay for It That Determines Whether Something is a Good Investment
Oct 3, 2018 • 42 min
In Episode 124, we welcome legendary investor, Howard Marks. Meb begins with a quote from Howard’s new book, , and asks him to expound. Howard gives us his top-line take on market cycles, ending with the idea that if you understand them, you can…
Bonus Episode: Russel Kinnel - Mind the Gap
Oct 1, 2018 • 8 min
We recently published The Best Investment Writing, Volume 2. The first book was a hit, with MoneyWeek concluding that it “should be on every investor’s bookshelf.” But we made the second volume even better – we expanded it to include 41…
#123 - Fabrice Grinda - We’re Still at the Very Beginning of the Tech Revolution… We Are Day One
Sep 26, 2018 • 58 min
In Episode 123, we welcome entrepreneur and renowned angel investor, Fabrice Grinda. The guys begin by discussing their mutual love for skiing, talking about heli-skiing in Canada, powder skiing in Japan, and the steeps of Chamonix in France. …
Bonus Episode: Rick Friedman & Anna Chetoukhina - FAANG SCHMAANG
Sep 24, 2018 • 18 min
We recently published The Best Investment Writing, Volume 2. The first book was a hit, with MoneyWeek concluding that it “should be on every investor’s bookshelf.” But we made the second volume even better – we expanded it to include 41…
#122 - Phil Haslett - It’s a Place to Connect Interested Buyers and Interested Sellers…in Late-Stage, Pre-IPO Tech Shares
Sep 19, 2018 • 58 min
In Episode 122, we welcome investor and entrepreneur, Phil Haslett. Meb jumps in, asking Phil to tell us more about his company, Equity Zen. Phil gives us an example involving a hypothetical employee. This employee owns equity in her private company…
Bonus Episode: Michael Philbrick - Skis and Bikes: The Untold Story of Diversification
Sep 17, 2018 • 42 min
We recently published The Best Investment Writing, Volume 2. The first book was a hit, with MoneyWeek concluding that it “should be on every investor’s bookshelf.” But we made the second volume even better – we expanded it to include 41…
#121 - Pim van Vliet - The Reality Is High-Risk Stocks Earn Low Returns
Sep 12, 2018 • 58 min
In Episode 121, we welcome fellow quant, Pim van Vliet. If you’re a low-vol investor, or having been wanting to learn more about low-vol, this is the episode for you. Meb dives straight in, opening with a quote from Pim: “The low-volatility effect…
Bonus Episode: Leigh Drogen - Revenge of the Humans
Sep 10, 2018 • 78 min
We recently published The Best Investment Writing, Volume 2. The first book was a hit, with MoneyWeek concluding that it “should be on every investor’s bookshelf.” But we made the second volume even better – we expanded it to include 41…
Bonus Episode: Jeremy Schwartz - Net Buybacks Supplement Dividend Yields and Support Future Per Share Growth
Sep 3, 2018 • 6 min
We recently published The Best Investment Writing, Volume 2. The first book was a hit, with MoneyWeek concluding that it “should be on every investor’s bookshelf.” But we made the second volume even better – we expanded it to include 41…
#119 - Tom Dorsey - Fundamentals Answer the First Question ‘What Should I Buy?’ The Technical Side Answers the Question “When?’
Aug 29, 2018 • 51 min
In Episode 119, we welcome entrepreneur and technical analyst expert, Tom Dorsey. Meb begins by asking about a book which Tom claims had a tremendous influence on his entire life. From this, Tom tells us the story of being a young broker, eventually…
Bonus Episode: Elroy Dimson - The Evolution of Equity Markets
Aug 27, 2018 • 12 min
We recently published The Best Investment Writing, Volume 2. The first book was a hit, with MoneyWeek concluding that it “should be on every investor’s bookshelf.” But we made the second volume even better – we expanded it to include 41…
#118 - Radio Show - Record-Setting US Valuations… Emerging Market Opportunities… VC Bad Behavior… and Listener Q&A
Aug 22, 2018 • 71 min
Episode 118 has a radio show format. In this one, we cover numerous Tweets of the Week from Meb, as well as some write-in questions. We start by discussing articles Meb posted in his Tweets of the Week. These include a piece by Jason Zweig about how…
Bonus Episode: Ehren Stanhope - Microcaps, Factor Spreads, Structural Biases, and the Institutional Imperative
Aug 15, 2018 • 19 min
We recently published The Best Investment Writing, Volume 2. The first book was a hit, with MoneyWeek concluding that it “should be on every investor’s bookshelf.” But we made the second volume even better – we expanded it to include 41…
#117 - Steve Lockshin - We Think the Estate and Tax Planning Levers are the Most Important Levers to Push on for Clients
Aug 15, 2018 • 64 min
In Episode 117, we welcome entrepreneur and wealth advisor, Steve Lockshin. At Meb’s request, Steve walks us through his professional background in the financial services industry. It’s an interesting story, reflecting how wealth management has…
Bonus Episode: Todd Tresidder – The Great Financial Forecasting Hoax
Aug 13, 2018 • 20 min
We recently published The Best Investment Writing, Volume 2. The first book was a hit, with MoneyWeek concluding that it “should be on every investor’s bookshelf.” But we made the second volume even better – we expanded it to include 41…
#116 - Sarah Ketterer - Without a Quant Risk Model, I’d Argue an Investment Manager is Completely Blind
Aug 8, 2018 • 47 min
In Episode 116, we welcome entrepreneur, CEO, and fund manager, Sarah Ketterer. Meb dives right in, asking about a quote on Causeway’s website which references how the shop blends fundamental and quant analysis. Sarah gives us her approach, which…
#115 - Steve Glickman - Opportunity Zones: Ultimately, If You Hold for…10 Years or More…You Don’t Pay Any New Capital Gains – Ever
Aug 1, 2018 • 51 min
In Episode 115, we welcome entrepreneur and opportunity zone expert, Steve Glickman. Meb jumps right in, asking “what is an opportunity zone?” Steve tells us about this brand-new program that was created this past December. Most people don’t…
#114 - David Gladstone - Farmland Is One of the Most Stable Assets One Can Own
Jul 25, 2018 • 61 min
In Episode 114, we welcome entrepreneur and author, David Gladstone. We start with David’s backstory, which dovetails into how he got into farming, and subsequently, launching a farmland REIT. Meb asks for David’s broad thoughts on investing in…
#113 - Stanley Altshuller - I’m Bullish On Active Management, But I Think That You Need A Correction For People To Remember Why Hedge Funds Exist In The First Place
Jul 18, 2018 • 59 min
#113 - Stanley Altshuller - “I’m Bullish On Active Management, But I Think That You Need A Correction For People To Remember Why Hedge Funds Exist In The First Place”
#112 - Peter Ricchiuti - “You’re Better Off Investing When Things Look Miserable”
Jul 11, 2018 • 62 min
In Episode 112, we welcome Professor Peter Ricchiuti. We start with Peter’s origin story, which includes his time in the investment world, then managing money for the state of Louisiana, then teaching at Tulane where he created, and now runs, the…
#111 - Radio Show - Which Portfolio Hedge for This Market?… Is Short-Termism Harming Your Investments?… and Listener Q&A
Jul 4, 2018 • 76 min
Episode 111 has a radio show format. In this one, we cover numerous Tweets of the Week from Meb, as well as some write-in questions. Before jumping in, a few housekeeping items… Meb discusses a proxy campaign with which we need your help, an award…
#110 - Bryan Taylor - “At Some Point, the Stresses Are Going to Be So Great that Some of the Countries (In the European Union) Are Eventually Forced to Leave”
Jun 27, 2018 • 60 min
In Episode 110, we welcome author and market data expert, Dr. Bryan Taylor. Meb begins by asking how Bryan built the massive financial database that is Global Financial Data. Bryan walks us through how the database developed over time. The…
#109 - Matt Hougan - “Anyone Who Tells You They Know What’s Going to Happen in Crypto Is Probably Lying to You”
Jun 20, 2018 • 73 min
In Episode 109, we welcome ETF and crypto expert, Matt Hougan. After a quick, fun story about Matt’s first job…as a 9-foot tall seal mascot for a minor league baseball team…Meb asks about the state of the ETF industry – where we are today, and…
#108: Radio Show: What’s More Important – Savings or Returns… What Meb’s Doing with U.S. Bonds… and Listener Q&A
May 30, 2018 • 50 min
Episode 108 has a radio show format. In this one, we cover some of Meb’s Tweets of the Week and various write-in questions. After giving us the overview of his upcoming travel, Meb shares his thoughts on our recent episode with James Montier. It…
#107 - James Montier - “There Really Is A Serious Challenge to Try to Put Together an Investment Portfolio That’s Going to Generate Half-Decent Returns On A Forward-Looking Basis”
May 23, 2018 • 59 min
In Episode 107 we welcome the great James Montier. The chat starts on the topic of James’ questionable sartorial choices. He tells us he’s “always been a fan of dressing badly.” But the guys quickly jump in with Meb noting how James has…
#106 - Brian Singer - “We Don’t Know What Will Trigger the Decline, but When It Happens, Our Fear Is That It’s Sharper and Deeper Than Investors Would Otherwise Expect”
May 16, 2018 • 69 min
In Episode 106 we welcome market vet, Brian Singer. Meb dives right now, asking Brian for his general approach to the markets. Brian tells us it’s fundamental in nature. They look at about 100 different asset markets, trading the broad markets…
#105 - Olivia Judson - “Life Has Transformed the Planet, Which Has Gone On to Alter the Future Course of Life”
May 9, 2018 • 55 min
Episode 105 is a wholly unique show. In this episode, we depart from traditional investment themes, and instead, bring you an episode featuring Meb’s second professional love, biology. Specifically, we welcome the renowned evolutionary biologist and…
#104 - Ken Fisher - “If You’re Worried About What Things Are Going to Be Worth Next Week…You’re Going to Make Yourself Way Poorer 20 Years from Now”
May 2, 2018 • 66 min
In Episode 104, we welcome the legendary, Ken Fisher. Meb starts with a quick word of congratulations to Ken, as his firm just passed $100B in assets under management. The guys then discuss Ken’s interest in fishing with a bow and arrow, which…
#103 - The Asset Allocation Pyramid
Apr 25, 2018 • 24 min
Episode 103 is a solo-Meb show. We just finished a short paper that references the old nutritional “Food Pyramid” published by the FDA a couple decades ago. Given what we’ve learned about health-conscious eating in the years since, that old…
#102: Radio Show: The “Stay Rich” Portfolio… A Senator Wants to Ban Share Repurchases… and Listener Q&A
Apr 18, 2018 • 68 min
EP.102 - Radio Show
#101 - Paul Merriman - “The People That Have Come Out Ahead Are the People Who Have Put Their Trust in the System Over the Long-Term”
Apr 11, 2018 • 87 min
Paul Merriman
#100 - Elroy Dimson - “High Valuations Don’t Necessarily Mean That We’re Going to See Asset Prices Collapse”
Apr 4, 2018 • 53 min
EP.100 – Elroy Dimson
#99: Radio Show: Meb’s Bullish on Emerging Markets… Strategies for Limited 401K Options… and Listener Q&A
Mar 28, 2018 • 55 min
EP.99 Radio Show
#98 - Ed Yardeni - “We’ve Got Good Growth with Low Inflation and That’s a Very Good Environment for Stocks and Okay Environment for Bonds”
Mar 21, 2018 • 51 min
EP.98 - Ed Yardeni
#97 - Phil Nadel - “If You Try to Pick Winners, and You Only Invest in a Handful of Companies, Odds Are You’re Going to Lose Your Money”
Mar 14, 2018 • 66 min
EP.97 - Phil Nadel
#96 - Craig Leupold & Jim Sullivan - “From a Commercial Property Standpoint, We See Values Drifting Sideways Over the Next 12 Months”
Mar 7, 2018 • 49 min
RP.96 - Green St
#95: Radio Show: The Short-Vol Trade Blows Up… Meb’s Rare Coin Purchases… and Listener Q&A
Feb 28, 2018 • 71 min
EP.95 - Radio Show
#94 - Michelle Leder - “There Are Some Companies That We Know Are Sort of Bad Eggs”
Feb 21, 2018 • 49 min
EP.94 - Michelle Leder
#93 - John Reese - “There Is No Strategy That Outperformed the Stock Market Every Single Year”
Feb 14, 2018 • 53 min
EP.93 - John Reese
#92 - Andrew Tobias - “There Are Just A Few Things You Really Need to Know About Investing, and They Don’t Ever Change”
Feb 7, 2018 • 51 min
EP.92 - Andrew Tobias
ER Tribute
Jan 31, 2018 • 1 min
ER Tribute
#91: Radio Show: Meb’s Most Popular Tweet of All Time… Signs of the Top… Listener Q&A
Jan 24, 2018 • 49 min
EP.91 - Radio Show
#90 - Dan Rasmussen - “The Crown Jewel of the Alternative Universe is Private Equity”
Jan 17, 2018 • 61 min
Ep.90 - Dan Rasmussen
#89 - Blair Hull - “Emotions Will Kill You in This Game”
Jan 10, 2018 • 46 min
Blair Hull
#88 - Eric Clark - “I Still Believe that Alpha is Available and Possible, and Beating a Benchmark is Possible”
Jan 3, 2018 • 48 min
Eric Clark
#87 - Michael Venuto - “I Would Suggest Seeking Out High Active-Share, Global Growth Themes”
Dec 20, 2017 • 57 min
Ep.87 - Mike Venuto
#85: Radio Show: Bitcoin Futures Are Here - What Now?
Dec 13, 2017 • 50 min
Ep.85 - Radio show
#86 - A Quantitative Approach to Tactical Asset Allocation
Dec 11, 2017 • 34 min
Meb Faber
#84 - Howard Lindzon - “I Think There’s So Many Ways the Markets are Rigged That I Think It’s Best to Just Follow Along the Trends”
Dec 6, 2017 • 51 min
Howard Lindzon
#83 - Randy Swan - “What Do You Do When Things Are Fundamentally Overvalued, But You Want to Remain Invested in the Market?”
Nov 29, 2017 • 51 min
EP.83 - Randy Swan
#82 - Vineer Bhansali - “The Market is Severely Underpricing the Probability of a Sharp, Catastrophic Loss to the Downside”
Nov 22, 2017 • 68 min
EP.82 - VIneer Bhansali
#80 - Claude Erb - “It Is Possible That We’re in the Middle of a Period in Which Gold Becomes the New Frankincense”
Nov 15, 2017 • 64 min
Claude Erb and Meb talk commodity pricing
#81: Radio Show: Notes from Meb’s Office Hours - Listeners Are All Making the Same Mistakes
Nov 15, 2017 • 65 min
Jeff and Meb take listener questions
#79 - Jason Goepfert - “I Would Not Be Surprised at All to See a Multi-Day 5%-15% Decline”
Nov 8, 2017 • 62 min
Introducing Jason Geopfert, Sundial Capital Research and Sentiment Trader
#78 - Alex Rubalcava - “If You’re Going to Be an Angel Investor… You Have to Be Devoting Significant Time to It”
Nov 1, 2017 • 85 min
Alex Rubalcava
#77 - Tobias Carlisle - “In Order to Find Something Genuinely Undervalued…There’s Always Something that You Don’t Like”
Oct 25, 2017 • 88 min
In Episode 77, we welcome author and asset manager, Tobias “Toby” Carlisle. After discussing Toby’s background, including his time as an M&A lawyer and what drew him to investing, we jump into his latest book, . Toby tells us that the book…
#76 - Phil DeMuth - “Nothing in My Global Outlook is Telling Me It’s Time to Pull Up the Anchor and Set Sail”
Oct 18, 2017 • 91 min
In Episode 76, we welcome Phil DeMuth. We start with Phil’s background. It’s a fun recap, involving Phil’s clinical psychology roots, his move to LA to be a screenwriter, his experiences in the Dot Com boom with friend, Ben Stein, which led to…
#75 - Mike McDaniel - “One of the Biggest Conditions that Will Lead to Success is Simply Being Invested”
Oct 11, 2017 • 56 min
In Episode 75, we welcome Mike McDaniel, CIO and co-founder of Riskalyze. It’s a special episode, being recorded at the Riskalyze Fearless Investment Summit in Lake Tahoe. Per usual, we start with Mike’s origin story, but it’s not long before…
#74 - Jeffrey Sherman - “There’s This ‘Buy-the-Dip;’ Mentality… Do You Play in It, or Just Shake Your Head?”
Oct 4, 2017 • 74 min
In Episode 74, we welcome Jeffrey Sherman from DoubleLine. We start with Jeff’s background – it’s a fun recap, including stories of running the scoreboard for The Stockton Ports… being a bank teller… earning graduate degrees… there’s a…
#73 - Jeff Porter & Barbara Schelhorn - Why Financial Planning? Because Investing Alone Won’t Get You There
Sep 27, 2017 • 95 min
In Episode 73, we welcome Jeff Porter and Barbara Schelhorn from the financial planning group, Sullivan Bruyette Speros & Blayney. We start with Jeff’s background. He was a contemporary of Meb’s at the University of Virginia. The guys share a…
#72: Radio Show: Investor Sentiment - What is it Telling Us About this Bull’s Length?
Sep 20, 2017 • 50 min
Episode 72 is a radio show format before we start back with guests this fall. Some of the questions and topics you’ll hear: You’ve said that bonds can face significant drawdowns. But because of the way bonds work, is it the case that bond ETFs…
#71: How to Outperform One of Investing’s Most Beloved Strategies
Sep 13, 2017 • 25 min
Episode 71 is a solo-Meb show in which he reads a white paper we’ll soon be publishing. The white paper might be a tad controversial as it calls into question an investing strategy that’s so beloved, it borders on sacrosanct. What’s the…
#70: Radio Show: The 13F Guru Meb Would Follow Today
Sep 6, 2017 • 52 min
Episode 70 is a radio show format. We start with a quick catch-up, discussing the recent eclipse and Meb’s upcoming travel, including Iceland, Reno, Orlando, Amsterdam, among others. Before jumping into listener questions, we get Meb’s thoughts on…
#69 - Jason Calacanis - “This is a Little, Secret Way… A Dark Art of Becoming Truly Wealthy… Massive Wealth”
Aug 30, 2017 • 89 min
In Episode 69, we welcome legendary angel investor, Jason Calacanis. We start with Jason’s background. From Brooklyn, he worked his way through college, then was in New York at the breaking of the internet. He started his own blogging company, and…
#68 - Corey Hoffstein - “Risk Cannot Be Destroyed, Only Transformed”
Aug 23, 2017 • 72 min
In Episode 68, we welcome Meb’s friend and Newfound Research founder, Cory Hoffstein (or as Meb refers to him, a “fellow nerd”). Per usual, we start with Corey’s background, but then Meb jumps in by asking Corey to describe his general, 10K…
#67 - Simon Black - “I See a Lot of Red Flags”
Aug 16, 2017 • 56 min
In Episode 67, we welcome Simon Black, founder of the newsletter, Sovereign Man. We start with Simon’s military background, having been an intelligence officer. He spent lots of time overseas, yet became disillusioned after the promises of WMDs…
#66: Radio Show: U.S. Equities: At What Valuation is Meb Selling?
Aug 10, 2017 • 62 min
Episode 66 is a radio show. We start with Meb referencing the just-published book, , which he edited. It’s a great collection of essays from some of the smartest minds in investing. Check it out. Next, we jump into market commentary, using Meb’s…
#65 - Emil van Essen - “The Days of $80 Oil - That’s a Long Way Away”
Aug 9, 2017 • 57 min
In Episode 65, we welcome CTA and commodities expert, Emil van Essen. Meb starts with a fun bit of trivia – if you mesh his and Emil’s name, coming up with “Emil Faber,” can you guess in which movie that name appears? It turns out it’s from…
#64 - David Varadi - “Managing Risk is Absolutely Critical”
Aug 2, 2017 • 52 min
In Episode 64, we welcome David Varadi from Blue Sky Asset Management. David tells us a bit about himself before he and Meb jump into investing. Meb starts by referencing a quote from Blue Sky’s website: “Unlike endowments, investors do not have…
#63 - Gary Beasley & Gregor Watson - “We’re Trying to Really Change the Way People Invest in Real Estate”
Jul 26, 2017 • 53 min
In Episode 63, we welcome Gary Beasley and Gregor Watson, co-founders of Roofstock. If you’re one of our listeners who has written in requesting an episode on rental real estate, be sure not to miss this one. We start with some quick background on…
#62 - Ron Lieber - “We’re Not Having the Right Kinds of Conversations with Our Kids About (Money)”
Jul 19, 2017 • 60 min
In Episode 62, we welcome journalist and author, Ron Lieber. Meb begins by congratulating Ron, as it was Meb’s pregnant wife who read Ron’s book about how parents should discuss financial matters with their kids, and promptly told Meb he needed to…
#61 - Jack Vogel - “(Factor Timing?) It’s Next to Near Impossible”
Jul 12, 2017 • 60 min
In Episode 61, we welcome Jack Vogel, CFO/CIO of Alpha Architect, and the partner of Wes Gray, who you may remember as one of our earliest Meb Faber Show guests. After Jack tells us a bit about his background and how he came to be at Alpha Architect,…
#60 - William Bernstein - “The More Comfortable You Are Buying Something, in General, the Worse the Investment It’s Going to Be”
Jul 5, 2017 • 58 min
In Episode 60, we welcome the great William (Bill) Bernstein. Bill starts by giving us some background on how he evolved from medicine to finance. In short, faced with his own retirement, he knew he had to learn to invest. So he studied, which shaped…
#59: Radio Show: The Death of Value Investing
Jun 28, 2017 • 67 min
Episode 59 is a radio show format. This week we’re diving into some of the recent market stories which Meb has found most interesting. We also bring back some listener Q&A. We start with a Tweet from Cliff Asness, in which he rebuffs a Bloomberg…
#58 - Axel Merk - “Is Your Portfolio Robust Enough for Whatever Might Be Coming Your Way?”
Jun 21, 2017 • 62 min
In Episode 58, we welcome Axel Merk from Merk Investments. After a bit on Axel’s background, the guys jump in, discussing the Fed’s decision to raise interest rates today (recorded on Wed 6/14/17). Axel discusses how the Fed has announced the…
#57: Radio Show: Meb’s 17 Different Million-Dollar Fintech Ideas
Jun 14, 2017 • 92 min
Episode 57 is another “radio show” format, yet this one is different than our others. In this episode, Meb discusses his 17 different “million-dollar” fintech ideas. In essence, Meb has had various business ideas over the years which he’s wanted…
#56 - Dave Nadig - “This is a Big Year for ETFs”
Jun 7, 2017 • 57 min
In Episode 56, we welcome Meb’s good friend, and CEO of ETF.com, Dave Nadig. Per usual, we start with some background information. Dave tells us about his early days in the investment industry, starting a consulting firm that was working on a then-new…
#55 - Ed Easterling - “In Reality, Normal is Actually Volatile. Normal is Not Mellow”
May 31, 2017 • 61 min
In Episode 55, we welcome Ed Easterling. Meb starts by referencing a survey he just conducted, asking readers’ opinions as to the single best investing book out there. It turns out that Ed’s book, , made the top 50 list, so Meb offers Ed a kudos….
#54 - Elizabeth Dunn - “How Can I Use My Money Most Effectively in Order to Promote My Happiness?”
May 24, 2017 • 48 min
In Episode 54, we welcome Elizabeth “Liz” Dunn, author of the book, “”. Meb suggests they walk through the book using its five broad takeaways as their outline. But before they dive in, he asks Liz about her inspiration for writing the book….
#53: Radio Show: Cheapest Countries Right Now for New Dollars
May 18, 2017 • 60 min
Episode 53 is another “radio show” format. This means we tackle a handful of topics from Meb’s blog and tweets. TOPIC 1 – VALUATIONS 3 DIFFERENT TAKES ON CURRENT VALUE PICTURE: Meb’s recent blog post “A Bar Too High” indicated that for…
#52 - Jason Hsu - “This is a Market Where the Average Human Tendencies Are Precisely the Wrong Thing to Do”
May 17, 2017 • 53 min
In Episode 52, we welcome Jason Hsu, joining us all the way from Taipei. We start with a bit of background on Jason and his company, Rayliant, which is a spinoff off Research Affiliates. Listeners might recognize the name Research Affiliates, as it…
#51 - Mark Kritzman - “We Have to Question the Assumptions that Underpin Our Models… Nothing is Simple”
May 10, 2017 • 51 min
In Episode 51, we welcome Mark Kritzman. Per usual, we start with Mark’s background. He tells us a bit about his 40-year career in investing, leading to Windham, where he focuses on asset allocation and risk premia strategies. But it’s not long…
#50: Radio Show: Faber Spin-Off Executed
May 3, 2017 • 69 min
Episode 50 is a return to our “radio show” format, in which we discuss current market news, Tweets Meb finds interesting, various research papers of note, and anything else on Meb’s mind. But first things first: A huge congratulations to new…
#49 - Steve Sjuggerud - “This is Not What the Peak of a Bull Market Looks Like”
Apr 26, 2017 • 77 min
In Episode 49, we welcome Dr. Steve Sjuggerud. The conversation begins with Meb and Steve reminiscing about the origin of their friendship, which dates back some 10 years. This leads the guys into Steve’s background, and how he transitioned from…
#48 - Van Simmons - “The Rare Coin Market Can Go Up Dramatically, Quickly”
Apr 19, 2017 • 73 min
In Episode 48, we break new ground for The Meb Faber Show. Departing from our usual world of stocks and bonds, we welcome expert numismatist, Van Simmons. For anyone unfamiliar with the word, a “numismatist” is a rare coin collector. We start…
#47 - Ric Edelman - “47% of the Occupations in America Will Be Gone Within 15 Years”
Apr 12, 2017 • 57 min
In Episode 47, we welcome New York Times bestselling author, Ric Edelman. We start with some quick background on Ric, but then jump into the main topic: the future of technology and how it will affect our lives. In essence, the future is going to look…
#46 - Raoul Pal - “We’ve Got to Expect a Recession This Year or Next Year, or if We’re at the Wild Extremes, the Year After That”
Apr 5, 2017 • 59 min
In Episode 46, we welcome Real Vision TV co-founder, Raoul Pal. The guys start by going over a bit of Raoul’s background. Raoul started his career by running equity and equity derivatives at Goldman Sachs. Through this, he learned the macro…
#45 - Gary Antonacci - “You Get a Synergy That Happens When You Use (Dual Momentum)”
Mar 29, 2017 • 54 min
In Episode 45, we welcome one of the most often-requested guests for our podcast, Gary Antonacci. After a few minutes on Gary’s background, the guys dive into Gary’s “Dual Momentum” research. To make sure everyone is on the same page, Meb asks…
#44 - Invest with the House
Mar 22, 2017 • 55 min
Last week’s solo “Mebisode” was met with lots of positive feedback, so we’re going to do one more in this format before we return to interviewing guests. Therefore, in Episode 44, Meb walks us through his book, “Invest with the House,…
#43 - Learning to Play Offense and Defense
Mar 15, 2017 • 24 min
Episode 43 finds us revisiting the “solo Meb” show. This time, he walks us through his research paper, Learning to Play Offense and Defense: Combining Value and Momentum from the Bottom Up, and the Top Down. If you’re on-the-go, then this…
#42 - Listener Q&A Episode
Mar 8, 2017 • 58 min
Episode 42 is a remote podcast with Meb calling in from Hawaii. Fortunately, the roosters in the background aren’t loud enough to interfere… Though this is a Q&A episode, it’s slightly different in nature. Rather than discuss listener…
#41 - Doug Ramsey - “Valuation Tells Me I Should Be Lighter Than Normal On U.S. Equities and Tilting More Towards Foreign”
Mar 1, 2017 • 68 min
In Episode 41, we welcome Doug Ramsey from Leuthold. Meb is especially excited about this, as Leuthold publishes his favorite, monthly research piece, the Green Book. After getting a recap of Doug’s background, Meb dives in. Given that we’re in…
#40 - Listener Q&A Episode
Feb 15, 2017 • 51 min
We’ve had some great guests recently, and have many more coming up, so we decided to slip in a quick Q&A episode. No significant, recent travel for Meb, so we dive into questions quickly. A few you’ll hear tackled are: …
#39 - Ed Thorp - “If You Bet Too Much, You’ll Almost Certainly Be Ruined”
Feb 8, 2017 • 58 min
In Episode 39, we welcome the legendary Ed Thorp. Ed is a self-made man after having been a child of The Depression. He’s a professor, a renowned mathematician, a fund manager who’s posted one of the lengthiest and best investment track records in…
#38 - E.V Better - “Special Super Bowl Show: It’s Higher-Stakes Poker is What You’re Playing”
Feb 3, 2017 • 72 min
In honor of this Sunday’s Super Bowl, Episode 38 is a special, bonus “gambling” podcast. We welcome mystery guest, E.V. Better, which is an alias for “Expected Value Better.” Meb starts by asking E.V. how he got to this point in his career….
#37 - John Bollinger - “People Have This Time-Frame Confusion That I Think Does A Huge Amount of Damage”
Feb 1, 2017 • 68 min
In Episode 37, we welcome John Bollinger, creator of Bollinger Bands, one of the most widely-used analytical tools in investing. As John is also a market historian, Meb start by asking him about his historical influences – those individuals who…
#36 - Listener Q&A Episode
Jan 11, 2017 • 61 min
We’re back with the first Q&A episode of 2017. We start by discussing the “,” about which Meb wrote a recent blog post. The quick idea is that when considering your portfolio, you should start from scratch, or “zero.” Imagine your…
#35 - Jerry Parker - “To Me it Just Boiled Down to One Question… Will the Big Winners Pay for the Small Losses?”
Jan 4, 2017 • 72 min
Episode 35 features one of the original Turtle Traders. “What’s a Turtle Trader” you ask? The story involves Richard Dennis, a great trader from the 1970’s. As the story goes, he made his first million by about age 25. By the early 80’s, he…
#34 - “Things I Find Beautiful, Useful or Downright Magical”
Dec 20, 2016 • 91 min
It’s a special holiday episode of The Meb Faber Show. We thought it would be fun to combine all the “beautiful, useful or downright magical” contributions from Meb and our various guests into one episode. If you’re one of our listeners who has…
#33 - Listener Q&A Episode
Dec 14, 2016 • 53 min
It’s another Q&A episode before everyone gets too busy with the holiday swirl. Per usual, Meb has just come back from more travel, this time to Todos Santos, Mexico. He gives us a quick update before we hop into listener questions. A few…
#32 - Brew Johnson & Brett Crosby - “We Have Long-Term Aspirations of Disrupting the Entire Mortgage Finance and Securitization Market”
Dec 7, 2016 • 64 min
Episode 32 is like no other we’ve done to date. Local guys, Brew and Brett, run a startup in nearby Manhattan Beach – and it’s disrupting the real estate financing market. It’s not long into the episode before the guys give us the overview of…
#31 - Mark Yusko - “Asset Allocation Matters Most”
Nov 30, 2016 • 53 min
Episode 31 starts with some background information on Mark. After some early-career twists, he got his “big break” – working for his alma mater, Notre Dame, in its endowment department. Several years later, The University of North Carolina came…
#30 - Listener Q&A Episode
Nov 23, 2016 • 61 min
As Meb is back from another series of speaking engagements, Episode 30 starts with a brief recap of his travels. But we hop in quickly, first addressing the election. We’ve had several anxious people write in, requesting commentary on the financial…
#29 - Tom McClellan - “Now Everybody Knows What the Outcome Is, They Can Get Back to Focusing on Real Things That Actually Matter”
Nov 16, 2016 • 41 min
In Episode 29, we welcome market veteran, Tom McClellan. Meb starts with some background on Tom – he’s been doing financial writing for 20 years, likely making him one of the longest-running financial writers in the business. The guys then provide…
#28 - Larry Swedroe - “There is Literally No Logical Reason for Anyone to Have a Preference for Dividends”
Nov 9, 2016 • 60 min
As we recorded Episode 28 on Halloween, it starts with Meb referencing his costume from the prior weekend’s festivities. Can you guess what it was? He stayed true to his financial roots, dressing as Sesame Street’s “Count von Count.” (Sorry,…
#27 - Porter Stansberry - “There’s Going to Be a Big Bill of Bad Debt to Pay”
Nov 2, 2016 • 54 min
Episode 27 starts with a quick note from Meb. It’s a week of freebies! Why? Meb is celebrating his 10th “blogiversary.” (He’s officially been writing about finance now for a decade.) Be sure to hear what he’s giving away for free. But soon…
#26 - Jeremy Schwartz - “You Should Be Hedged a Lot More Than You Are”
Oct 26, 2016 • 51 min
If you’re ready to dive straight into the deep end, Episode 26 is for you. The guys waste no time, starting off with complicated topic of currencies. Jeremy takes issue with the currency-stance belonging to some former, unnamed Meb Faber Show…
#25 - Listener Q&A Episode
Oct 19, 2016 • 66 min
We have some great guests lined up in the coming weeks, so we figured we’d squeeze in another Q&A episode. This week, Meb is back from traveling yet again, this time to The Caymans. The show starts with Meb giving us highlights from the trip, as…
#24 - Learning to Love Investment Bubbles
Oct 12, 2016 • 21 min
Episode 24 brings us back to our most controversial episode format: the “solo Meb” show. Listeners seem to either love and loathe this style of show. If you fall into the “loathe” camp, it’s a short episode so the pain is limited. But…
#23 - Gregg Fisher - “Sometimes the Best Investment Strategy Isn’t the Right Investment Strategy”
Oct 5, 2016 • 52 min
If you’re a factor-investor, Episode 23 is for you. In fact, about 10 years ago, Gregg actually trademarked the term “multi-factor” in the use of mutual funds. Meb asks Greg which factors they use. It turns out “price-to-anything”…
#22 - Listener Q&A Episode
Sep 28, 2016 • 59 min
Episode #22 is another “Listener Q&A” episode. Meb has been traveling again, this time giving several speeches. So we start the episode with Meb giving us the highlights from his most recent talk in Vegas, in which he details four mistakes…
#21 - Michael Covel - “We Can’t Make a Prediction Worth a Damn”
Sep 21, 2016 • 63 min
Episode 21 starts with a “thank you” to Michael, as it was his advice on starting a podcast that got “The Meb Faber Show” off the ground. But Michael and Meb quickly turn to Michael’s expertise, trend following. This is how Michael…
#20 - Listener Q&A Episode
Sep 14, 2016 • 39 min
Episode #20 is another “Listener Q&A” episode. Meb starts by telling us about his frustration after doing a guest panel on CNBC earlier in the morning. (Hint: questions about The Fed tend to annoy Meb…also, if you ever chat with him in…
#19 - Jonathan Clements - “If Money Can Buy Happiness, Then Why Doesn’t It?” “Because People Don’t Spend It Right.”
Sep 9, 2016 • 51 min
Episode 19 is a fun, unique episode, delving into the connection between “more money” and “more happiness.” Turns out, Jonathan has literally written the book on this complex relationship. Do you know what studies suggest is the “line in the…
#18 - Rob Arnott - “People Need to Ratchet Down Their Return Expectations”
Sep 7, 2016 • 65 min
Episode 18 is packed with value. It starts with Meb asking Rob to talk about market cap weighting and its drawbacks. Rob tells us that with market cap weighting, investors are choosing “popularity” as an investment criterion more so than…
#17 - Michael Philbrick, Adam Butler, and Rodrigo Gordillo - It’s About Risk Allocation, Not Capital Allocation
Aug 31, 2016 • 59 min
Episode 17 starts with the guys from ReSolve discussing how they view asset allocation and top-down investing. They start with the global market portfolio which is the aggregate of what every investor in the world owns, yet interestingly, nearly no…
Special Announcement
Aug 29, 2016 • 15 min
Big news today! This isn’t our usual podcast. Instead, Meb has an announcement for his listeners. It’s only a few minutes long, so don’t miss this one!
#16 - Listener Q&A Episode
Aug 24, 2016 • 53 min
Episode #16 is another “Listener Q&A” episode. With Jeff asking follow-ups, here are a few of the questions Meb tackles: - Given low bond yields, what asset would you suggest holding in a…
#15 - The Trinity Portfolio
Aug 19, 2016 • 42 min
Meb tries something new in Episode 15. In “audio book” style, he walks listeners through his latest research piece: The Trinity Portfolio. “Trinity” reflects the three pillars of this investing approach: globally-diversified…
#14 - Eric Crittenden - “It’s Not Fear and Greed that Drives the Investment World; It’s Envy”
Aug 17, 2016 • 54 min
Episode 14 is easily one of our most interesting so far. While there’s great content about trend following, Eric and Meb also delve into the psychological side of investing. There’s a fascinating tension between what people say they want from…
#13 - Want Buffett’s Returns? Here’s How to Get Them
Aug 12, 2016 • 48 min
Stock picking is hard—really hard. Fortunately, there’s a simple strategy you could begin following today to improve your success. It’s simple to implement, takes just minutes of your time, yet has the potential to vastly improve your investing…
#12- Why “Shareholder Yield” Beats “Dividend Yield”
Aug 10, 2016 • 36 min
If you’re a dividend investor, Episode 12 is for you. Yes, historical market data tells us that dividend stocks outperform the broad market. But that’s where too many investors stop. That same historical market data suggests we can improve our…
#11 – Sam Stovall – Sam’s Seven Rules of Wall Street: Crash-Tested Investment Strategies That Beat the Market
Aug 8, 2016 • 40 min
Episode 11 features the always-fun Sam Stovall. Sam starts by making an unlikely connection between Clint Eastwood and investing – “A man’s got to know his limits.” Being aware of his own limits, Sam put together a list of rules to help him…
#10 - Listener Q&A Episode
Aug 3, 2016 • 45 min
Episode #10 is our second “Listener Q&A” episode. This time, instead of spending the entire episode answering one question, Meb tackles many. Here’s a sample of a few of the topics you’ll hear him address: - How should young investors…
#9 - Pete Mladina - “What You Thought Was Skill Was Just Risk Premia”
Jul 28, 2016 • 67 min
“Do I have enough to fund my retirement?” “What’s the optimal lifetime asset allocation?” Those two questions, stemming from a recent academic paper written by Pete, help launch Episode 9. The answers point toward Pete’s solution for…
#8 – Starved for Yield? Time to Go Global
Jul 21, 2016 • 30 min
Episode #8 marks Meb’s first “listener feedback” episode. We’ve received numerous bond-related questions from listeners, but they all tend to reduce to something along the lines of: “Bonds are hovering around historically low yields. Where…
# 7 – Playing Defense Against Black Swans
Jul 14, 2016 • 30 min
With Brexit rattling the markets recently, it’s a good time to revisit the discussion of “black swans” (not that Brexit was a black swan, despite catching many investors off-guard). So what exactly is an investing black swan? And is there…
# 6 - Three Concepts That Investors Get Wrong
Jul 6, 2016 • 28 min
Do you know which three concepts most investors – retail and professional alike – get wrong? One is asset allocation; two is a bit different – it’s actually a lack of awareness of a type of investment that actually pays you to own it…
#5 - Jared Dillian - “If You Think 2016 is the Opposite of 1981, then You Should Do the Opposite”
Jun 27, 2016 • 41 min
Meb starts by asking Jared to discuss a point from one of Jared’s newsletters: “If you think 2016 is the opposite of 1981, then you should do the opposite. In 1981, you should have bought stocks, sold gold, and bought bonds…” Jared gives us…
#4 - Wes Gray - “Even God Would Get Fired as an Active Investor”
Jun 27, 2016 • 45 min
What if you had perfect foresight and knew ahead of time which stocks would be the best performers? The reality is even if you knew this and invested accordingly, you’d still suffer gut-wrenching drawdowns along the way so painful (around 75%) that…
#3 - Where Are the Best Global Values Right Now?
Jun 27, 2016 • 58 min
Is right now a good time to be in U.S. stocks? What about global stocks? Well, the answer in large part depends on the specific market’s valuation. Start investing in an overpriced market and your returns will likely be small. Start in a cheap…
#2 - Patrick O’Shaughnessy - An Unexpected Drop-in from Patrick O’Shaughnessy
Jun 27, 2016 • 88 min
Meb and Patrick cover lots of ground in this fun episode. They discuss stocks not to own right now, Meb’s worst market loss of all time, and Patrick’s career advice in response to listener Q&A. They then get a laugh reading aloud the worst…
#1 - Global Asset Allocation - Investing 101
Jun 27, 2016 • 39 min
On this first-ever podcast, Meb provides listeners with a bit about himself and answers the question “What in the world am I doing starting a podcast?” (After all, he is a self-professed former “glorified ski bum.”) He then discusses a broad…