Markets are always at some percentage away from all time hihs, usually. You just ging to get used to it and got to be like eli manning,. ike, go throw a pick, and it's just like he rence flushes the toilet, and would be out there slinging again the next place. The same thing with angel inbessing, you're going to end up losing half or something of the names o're giong to get juono tht wouldn't be great if you only were u half ne nor for sure.
Meb Faber is co-founder and the Chief Investment Officer of Cambria Investment Management, author of multiple books, and host of “The Meb Faber Show” podcast. You can follow Meb on Twitter at https://twitter.com/MebFaber and know more about him and his work at https://mebfaber.com/ Show Notes:
- Replicating the Yale endowment
- Why investors won’t follow advice
- Importance of writing down your investment plan
- The challenges of buy and hold
- Learning from your losses
- Out of favor strategies
- A dividend strategy without dividends
- The branding issue with buybacks
- Harsh book reviews
- Investing in international markets
- Are we in an expensive downtrend?
- Stated vs. Actual preference
- Not betting on merely sentiment
- Robinhood with an educational spin