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Meb Faber - Quant Savant

The Business Brew

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Are You a Valuation Agnostic?

Some people are willingly looking past them in favor of this, you know, just don't sell it. If i have a weakness, it's that i'm not very good at holding things that are very rich. You go from a three % free cash fil yield to two % free cash will yield and then back to 3% or 4%. I mean, tl, that's years of compounding that are taken away. So by the way, everything i've said today, if you want ta test if someone is open minded about this topic, replace every single time i mention cape ratio ind valuations with the phrase dividend yield.

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