Barron's Streetwise Index Funds vs. Ivy League
10 snips
Mar 1, 2025 Meb Faber, CIO and founder of Cambria Investment Management, shares his insights on investment strategies. He argues that low-cost ETFs could rival the impressive returns of Yale's endowment. The conversation shifts to the food industry, tackling challenges like rising inflation and shifting consumer preferences towards health. Faber also critiques traditional investment methods and emphasizes the importance of innovative strategies for portfolio diversification. From protein trends to pet food, he navigates the evolving landscape of investment and consumer behavior.
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Meb's CalPERS Proposal
- Meb Faber jokingly describes his CalPERS CIO job application, where he'd simplify investments.
- He'd use low-cost ETFs, meet annually for rebalancing, and enjoy leisure.
Yale's Endowment Success
- Yale's endowment fund had excellent historical returns, partially due to private equity investments.
- Meb Faber's white paper questions if this was due to a golden age of private equity and if individual investors can replicate such success.
Yale's Smart Investments
- Yale, known for its smart investment strategies, has seen great past success.
- Meb Faber acknowledges David Swenson's expertise as an asset allocator.
