The Meb Faber Show Meb Faber

Today's guest is Kate Moore. Kate is a member of the Global Allocation investment team and Head of Thematic Strategy.
In this episode, Kate talks about the resilience of the U.S. economy. She talks about the concentration of market leadership, the upcoming election's potential effects on policy and markets, the potential for a momentum reversal, and the role of AI in investing.
(2:36) Kate's view of the US economy
(5:34) Expectations for the Federal Reserve
(8:10) Equity market leadership and sector performance analysis
(13:25) Small cap insights
(22:23) Historical perspective on interest rates and inflation
(24:17) Global market cap trends and investment opportunities in Asia
(34:42) Addressing investment biases
(39:02) The role of AI in investing
(44:18) Book recommendations
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For detailed show notes, click here
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Today's episode is sponsored by YCharts. YCharts just published their latest release of their Top 10 Visuals resource deck with fresh data and visuals. Start your free trial and be sure to mention "Meb" for 20% off your subscription (new clients only). 
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Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com
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Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more. 
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Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here! 

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Today’s guest is Ian Cassel. Ian is the founder of MicroCap Club, which is a best idea generator and networking resource for the microcap space. Ian is also the CIO of Intelligent Fanatics Capital Management, which invests in small, illiquid microcaps.
In today's episode, Ian gives an overview of the microcap space. He shares common mistakes  people make when investing in microcap stocks, what he looks for when analyzing companies, and common characteristics he's found in multi-bagger stocks.
(1:05) Overview of the micro-cap sector
(3:12) Misconceptions about micro-cap stocks
(7:52) Advantages of micro-caps in public markets
(14:14) Ian's investment journey
(27:30) Case studies
(33:03) The discovery phase
(37:21) Ian's current holdings
(44:32) Selling strategies
(46:33) Analyzing the current micro-cap landscape
(50:27) Ian's most memorable investment
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Follow Meb on Twitter, LinkedIn and YouTube
For detailed show notes, click here
To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com
-----
Follow The Idea Farm: Twitter | LinkedIn | Instagram | TikTok
-----
Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com
-----
Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more. 
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Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here! 
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Today's returning guest is Aaron Edelheit, CEO and founder of Mindset Capital, a private investment firm. 
In today's episode, Aaron updates us on the state of the cannabis sector after a rough couple of years. He touches on possible Federal regulatory changes, the key characteristics he looks for in cannabis companies and why he refers to cannabis as the great replacement. As we wind down, Aaron talks about why he's so excited about the opportunity with low dose hemp beverages.
(1:47) Overview of the cannabis industry
(6:00) The possibility of Federal legalization
(17:30) Valuation discussion
(21:39) Operational challenges in cannabis
(26:07) Factors with successful cannabis companies
(31:10) Cannabis investment opportunities
(34:18) The opportunity with low dose hemp beverages
(41:32) Identifying risks in the cannabis space
(44:51) Securities lending revenue in relation to ETFs
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Follow Meb on Twitter, LinkedIn and YouTube
For detailed show notes, click here
To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com
-----
Today's episode is sponsored by YCharts. YCharts enables financial advisors to make smarter investment decisions and better communicate with clients. Visit YCharts to start your free trial and be sure to mention "Meb" for 20% off your subscription (new clients only).
Follow The Idea Farm: Twitter | LinkedIn | Instagram | TikTok
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Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com
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Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more. 
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Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here! 
Learn more about your ad choices. Visit megaphone.fm/adchoices

Today’s returning guest is Jerry Parker, CEO of Chesapeake Holding Company. Jerry began his career in 1983 when he was accepted into Richard Dennis’ Turtle Program.
In today’s episode, Meb & Jerry discuss the launch of their new ETF, the Cambria Chesapeake Pure Trend ETF (MFUT). They delve into the fund, which uses a systematic trend following strategy across stocks, bonds, currencies, and commodities. Jerry covers the key principles of trend following, the importance of capturing big trends, and the benefit of trend following in a portfolio.
(0:26) Welcome to our guest, Jerry Parker
(0:42) The Cambria Chesapeake Pure Trend ETF
(10:10) The various assets the fund trades
(13:09) The benefit of short positions
(19:08) Trend following principles
(22:08) The importance of following rules and hunting outliers
(33:16) How trend following fits in a portfolio
(43:00) Excitement about ETFs and the future of managed futures
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Follow Meb on Twitter, LinkedIn and YouTube
For detailed show notes, click here
To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com
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Sponsor: Today’s episode is sponsored by The Idea Farm. The Idea Farm gives you access to over $100,000 worth of investing research, the kind usually read by only the world’s largest institutions, funds, and money managers. Subscribe for free here.
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Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com
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Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more. 
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Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here! 
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Today’s guest is Herb Greenberg, a veteran financial journalist and skeptical market commentator.
In today’s episode, Herb talks about the evolution of markets during his career, finding and following frauds like Herbalife, and advice for those starting in markets. As we wind down, Herb explains his new business venture, Wall Street Beats, an online investment media platform.
(1:05) Introducing Herb Greenberg
(1:29) Herb's early career
(7:10) Market structure changes during his career
(11:46) Herb's five simple lessons and their modern interpretations
(17:58) The role of short sellers
(23:00) Herb's investigation into Herbalife
(31:10) Overview of Wall Street Beats
(41:17) Herb's contrarian investment beliefs
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Follow Meb on Twitter, LinkedIn and YouTube
For detailed show notes, click here
To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com
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Sponsor: 10 East is a membership-based investment firm founded by Michael Leffell, former Deputy Executive Managing Member of Davidson Kempner, focused on providing targeted exposure to private markets. Members invest at their discretion in single-investment and niche fund vehicles across private credit, real estate, private equity, and venture capital.
Follow The Idea Farm: Twitter | LinkedIn | Instagram | TikTok
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Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com
-----
Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more. 
-----
Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here! 
Learn more about your ad choices. Visit megaphone.fm/adchoices

Today’s guest is Jason Draho, Head of Asset Allocation Americas for UBS Global Wealth Management. He’s also the Chair of the US Investment Strategy Committee. 
In today’s episode, Jason talks about the possibility of a Roaring 20’s decade for the US economy. He discusses the factors contributing to this scenario, including a possible capex boom, AI, the green energy transition and security & deglobalization. He also covers the role of bonds in the new macro regime, the impact of inflation and growth on stocks and bonds, and his take on the deglobalization narrative.
(1:40) Welcome to Jason Draho
(2:09) The resilience of the US economy
(3:08) Misinterpreting economic signals
(4:07) Household financial health post-pandemic
(6:29) Positive demand shock and investment trends
(14:11) US growth projections
(23:26) Asset allocation strategies
(39:04) Gold and real estate markets
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Follow Meb on Twitter, LinkedIn and YouTube
For detailed show notes, click here
To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com
-----
Sponsor: Farmland LP is one of the largest investment funds in the US focused on converting chemical-based conventional farmland to organic, sustainably-managed farmland using a value-add commercial real estate strategy in the agriculture sector.
Follow The Idea Farm: Twitter | LinkedIn | Instagram | TikTok
-----
Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com
-----
Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more. 
-----
Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here! 
Learn more about your ad choices. Visit megaphone.fm/adchoices