i was brought up under the p p model, which his parents pay, so it can't be done in my kids. Back then, nobody knew what a quant was. They didn't know what factors were. So i started life as a consultant to pension plans. And that was fun, because we would build these factor base portfolios that mimicked the underlying manager. One way is to freeze their portfolio on january first. Another way is to have an independent, normal portfolio to rank them against. But that's why i thought that this was such a cool idea.
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