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But we saved everything 🙂.
Meb Faber discussed his recent appearance on another podcast while attending Berkshire week in Omaha. Faber addressed several topics, including the claim that Berkshire could drop 99% in value and still outperform the S&P since its inception.
He also touched on home country bias and the significant performance of Korea, noting a +200% return. Faber argued that shareholder yield offers a more accurate perspective for evaluating investments.
Faber has previously discussed how large amounts of unsophisticated capital can suddenly enter markets and influence trends, as seen in his remarks on blind capital flows. He also cited Edwin Lefevre's observation that margin traders often lose money when buying rather than selling, according to a separate commentary. These perspectives provide context for Faber’s ongoing analysis of investment strategies and market behavior.