
#30: Meb Faber On The Future Of Investment Management
Superinvestors and the Art of Worldly Wisdom
The Importance of Fundamentals in Investing
Investing in stocks has been a great proposition over very long periods, and we think that it's one of the best ways to bed wealth over time. But as investing strategy, it really makes no sense. The rest of the world is somewhere between a 50% discount to the U.S. to a 66% discount. You have an opportunity if you invest based on market cap waiting. We expect this 10-round crash doesn't mean it will go down 90%.
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