#91: Radio Show: Meb's Most Popular Tweet of All Time... Signs of the Top... Listener Q&A

49 minutes

Episode 91 is a radio show format.

We bounce around a bit in this one, starting with Meb’s most popular Tweet of all time. It involves a market record that people decided to politicize.

Next are some “signs of the top.” We discuss various indicators that support the general takeaway that (to no one’s surprise) we’re in a frothy market: US investor stock allocations are approaching the highest levels since 2000… Stocks as a percentage of household assets adjust for pensions funds are now the 2nd highest ever… The average expected return of state and local pension funds is 7.5%... The number of days the VIX has spent below “10” in 2017 was 52 (the combined amount for all years dating back to 1999? Less than “10”)…

We then discuss Meb’s upcoming personal portfolio rebalance. He publishes this each year, and he gives us the preview. Then there’s a discussion of Bitcoin, and Meb’s thoughts on how an investor might reasonably participate if so desired.

Then we hop into some listener/Twitter questions:

  • Is there a broad asset class that appears especially attractive right now? Emerging Markets seems to have gone to a case-by-case situation. Is there an entire asset class you like?
  • Why does value investing works?
  • If you had to buy one country and hold it for 10 years, which one would it be?
  • Have you ever done a back-test combining a simple moving average timing strategy overlaid with a value approach? For instance, going long an asset class when it’s above its SMA, but below a historical multiple?
  • What changed in your investing philosophy in the last year?
  • Value factors been out of favor for a decade or however long. At what point can we say they've been arbed out and not coming back…ever?
  • What is the long term mean or hurdle for real US Treasury rates?

Plus, Meb is about to do some traveling overseas. Where’s he headed this time? Find out in Episode 91.

More episodes from The Meb Faber Show

#197 - Rick Rule - In Resources You Are Either A Contrarian Or You Are Going To Be A Victim

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 …

#196 - Minnie Ingersoll - I Do Believe That Innovation In Our Country Is The Huge Bright Spot

In episode 196 we welcome our guest, Minnie Ingersoll. Minnie and Meb start the conversation by getting into venture capital investing and the nature …

The Best Investment Writing Volume 3: Selected Writing from Prominent Investors and Authors

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 …

#195 - Top Podcasts 2019 - Replay: Bill Smead, Cam Harvey, Raoul Pal

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 …

The Best Investment Writing Volume 3: Frazer Rice – Preparing For The Hurricane Of Wealth

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 …

#194 - Doug McCormick - I Generally Believe People Underestimate The Duration Of The Time That They Will Be Invested

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 …

How you can listen to this podcast

You can listen to episodes right here on the website, or if you prefer, in a podcast app. Listening in an app makes it easier to keep track of what you’ve already heard, listen without using your data plan and many other conveniences.

Recommended apps
Start listening to #125 - Tom Barton - The Biggest Problem Investors Have is Things Change...and They Don't Change
1:24:56
Start listening to #125 - Tom Barton - The Biggest Problem Investors Have is Things Change...and They Don't Change
1:24:56