Episode 51

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Published on:

30th Nov 2020

ReSolve Riffs with Meb Faber on Free Money, Unrealistic Expectations & the Short View

This is “ReSolve’s Riffs” – live on YouTube every Friday afternoon to debate the most relevant investment topics of the day.

Our guest this week was none other than Meb Faber (co-counder and CIO of Cambria Investment Management), a well-known quant and prominent member of the FinTwit community. In addition to being an asset manager, he is an entrepreneur and venture capitalist, not to mention host of a popular podcast – and therefore an entertainer at heart. We enjoyed a wide ranging conversation including topics such as:

  • The ‘mental gymnastics’ of contemplating ideas that are likely being ignored by most investors
  • Crowded vs contrarian trades
  • Preference falsification in polling, the role of inertia and the endowment effect
  • North America’s impossibly complicated retirement systems vs Australia’s superannuation
  • Financial education, incentives, and the enormous room for policy improvements

We also discussed the importance of properly framing conversations, especially in the realm of policymaking (Universal Basic Income vs Freedom Dividend), some of Meb’s recent venture capital investments and a whitepaper that’s coming down the pipe.

Thank you for watching and listening. See you next week.

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About the Podcast

Resolve Riffs Investment Podcast
Welcome to ReSolve Riffs Investment Podcast, hosted by the team at ReSolve Global*, where evidence inspires confidence.
These podcasts will dig deep to uncover investment truths and life hacks you won’t find in the mainstream media, covering topics that appeal to left-brained robots, right-brained poets and everyone in between. In this show we interview deep thinkers in the world of quantitative finance such as Larry Swedroe, Meb Faber and many more, all with the goal of helping you reach excellence. Welcome to the journey.

*ReSolve Global refers to ReSolve Asset Management SEZC (Cayman) which is registered with the Commodity Futures Trading Commission as a commodity trading advisor and commodity pool operator. This registration is administered through the National Futures Association (“NFA”). Further, ReSolve Global is a registered person with the Cayman Islands Monetary Authority.