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Meb Faber: Controversial Investing Insights

"World of DaaS"

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Market Performance and Investment Strategies

The chapter explores the historical performance of various markets, highlighting China's surprising success, the rise of the US market, and changes in Japanese companies' governance. It discusses the value of indices, market cap weighted strategies, and the benefits of a valuation-based investment approach using ETFs. The conversation also covers tax efficiency, sentiment in investing decisions, and the importance of diversification for a globally diversified portfolio.

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