Meb Faber: Taxation and Diversification - [Making Markets, EP.54]

Meb Faber: Taxation and Diversification - [Making Markets, EP.54]

Author: Colossus | Investing & Business Podcasts January 31, 2025 Duration: 54:33
Making Markets
BusinessInvesting

My guest today is Meb Faber, the co-founder and CIO of Cambria Investments, an RIA that manages over $2B in assets. Meb is also one of the biggest investing nerds I know, and today, we dive into a wide variety of topics, from taxation to portfolio construction to various asset classes.


We start by diving into the 351 exchange, its mechanics, and the problems it solves for investors. Meb then shares his broad view of the market, how Cambria combines value investing with trends, and the impact of concentration. We close by talking about fixed income, public and private markets, and a few hot takes. Please enjoy this conversation with Meb Faber.


For the full show notes, transcript, and links to the best content to learn more, check out the episode page HERE.

-----

Making Markets is a property of Colossus, LLC. For more episodes of Making Markets, visit joincolossus.com/episodes.

Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.

Follow us on Twitter: @makingmkts | @ericgoldenx

Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com).


Show Notes

(00:00:00) Welcome to Making Markets

(00:00:27) Understanding the 351 Exchange

(00:01:26) Tax Efficiency and Investment Strategies

(00:02:23) Practical Applications and Examples

(00:04:07) Launching and Managing ETFs

(00:05:13) Investor Use Cases and Benefits

(00:09:25) Tax Implications and Compliance

(00:15:03) Future Innovations and Market Trends

(00:27:03) Value and Trend Investing Insights

(00:27:44) Valuation Warnings and Market Trends

(00:28:35) Historical Market Comparisons

(00:30:16) Trend Following Strategies

(00:34:18) Concentration in Major Stocks

(00:38:33) Product Development and Market Cycles

(00:40:33) Fixed Income Market Dynamics

(00:51:39) Private Equity and Public Markets

Learn more about your ad choices. Visit megaphone.fm/adchoices


Eric Golden hosts Making Markets, a podcast that digs into the often unseen mechanics and human behaviors driving how value is assigned and traded. Rather than just analyzing charts or headlines, conversations focus on the underlying architecture-the rules, relationships, and psychology-that defines how any marketplace functions. This approach means that one episode might dissect the familiar terrain of bonds or equities, while the next ventures into the specialized worlds of fine art, cryptocurrency, or even vineyard acquisitions. The common thread is a curiosity about the actual transactions and the people who facilitate them, providing a tangible sense of what occurs when assets change hands. By speaking with practitioners and experts each week, the show demystifies the complex systems that form the backbone of global commerce, offering listeners a clearer picture of economic forces at work. As part of the Colossus network of investing and business podcasts, Making Markets builds a comprehensive library of knowledge, turning abstract concepts into accessible narratives. It’s for anyone who has ever wondered about the real-world machinery operating behind the curtain of daily financial news.
Author: Language: English Episodes: 100

Official website RSS
Making Markets
Podcast Episodes
Quarterly Market Recap: Q1 2024 - [Making Markets, EP.26] [not-audio_url] [/not-audio_url]

Duration: 36:50
Matt turns the mic on Eric for the quarterly recap where they reflect on a strong first quarter for 2024, the secular trends in market and investment structures, navigating the IPO market, and the next generation of inve…
Brutus Clay: The Market for Racehorses - [Making Markets, EP.25] [not-audio_url] [/not-audio_url]

Duration: 50:27
My guest this week is Brutus Clay. Brutus is the Chairman and CEO of Runnymede Farms, the oldest operating thoroughbred farm in Kentucky. He takes us through the fascinating world of breeding and racing thoroughbreds. We…
Jim Bianco: The New Normal - [Making Markets, REPLAY] [not-audio_url] [/not-audio_url]

Duration: 1:00:05
Today we are revisiting this great episode with Jim Bianco, the founder and President of Bianco Research. Jim is well-known on Wall Street for providing macro analysis since the nineties. He takes us through his unique p…
Paul Goodrich: The Case for Labor Unions - [Making Markets, EP.21] [not-audio_url] [/not-audio_url]

Duration: 1:07:06
My guest today is Paul Goodrich. Paul has spent his career organizing labor unions and fighting for labor rights. Today, he is the Vice President of Laborers' Union Local 151, a Massachusetts-based labor union for constr…
Jim Bianco: The New Normal - [Making Markets, EP.19] [not-audio_url] [/not-audio_url]

Duration: 1:00:58
My guest this week is Jim Bianco, the founder and President of Bianco Research. Jim is well-known on Wall Street for providing macro analysis since the nineties. Today, he takes us through his unique perspective on the e…

«12345678910»