Top all-time · #5064
Meb Faber
Personal blog · mebfaber.comeconomicsbusiness
Meb Faber's personal blog at mebfaber.com covers economics and business. Since 2015, 16 different Hacker News readers have linked it 18 times. It is still writing: the last post was on 2026-10-30, and you can follow it by feed.
Too few sampled comments (13) to say how often HN recommends it.?
Why HN links it
HN readers link Meb Faber's investing blog for posts on buybacks, dividend taxes, market valuation such as CAPE, Japan's stock index and timing models. His podcast is also suggested as a starting point for learning quantitative investing.
Summarised by Claude from a sample of 13 HN comments that link here. Each comment is marked recommending, critical or neutral (citing without judging); how this works.
Most-linked posts?
- /timing-model/2 people · 2 mentions · first linked 2018-12-27
What Hacker News says?
You could also read those articles for another viewpoint: https://mebfaber.com/2019/08/05/faqs-on-share-buybacks-for-l...
Comment linking /2019/08/05/faqs-on-share-buybacks-for-lawmakers-journalists-and-investors/
on “French companies benefiting from state aid can't buy back shares”Submitted Cloning the Largest Hedge Fund in the World: Bridgewater’s All Weather as a story · 4 points
HN discussionhttps://www.amazon.com/Robert-B.-Cialdini/e/B000AP9KKG - Robert Cialdini's books are good. Never Split the difference from Chris Voss is a good book. Persuasion and negotiation are also as much about effective listening. Something I've practiced hard this year is to be mindful of creating a pause before I respond. Pause for like 2 seconds. For investing, etc - highly recommend starting with this - https://mebfaber.c…
Comment linking /timing-model/
on “Ask HN: What skills to acquire in 2019?”Submitted Journey to 100X (Angel Investing) as a story · 3 points
HN discussionThat chart is a crude snapshot of the Nikkei 225 from 1990 to 2009. Since then it's rebounded by quite a bit although it's still quite a bit under its Dec 1989 peak. But of course a stock market index isn't the full economy, so I would disagree that this chart by itself constitutes proof that Japan is stagnating. Chart source: https://mebfaber.com/2009/12/20/japan-the-us-and-the-lost-de...
Comment linking /2009/12/20/japan-the-us-and-the-lost-decades/
on “South Korea: The only middle power of its kind”Submitted Why All My Books Are Now Free (Aka a Lesson in Amazon Money Laundering) as a story · 1 points
HN discussion> stagnating That's a nice way to put it, it's been actually decreasing clearly over time since 1989, with ups and downs on the way: https://mebfaber.com/wp-content/uploads/2009/12/japan.jpg
Comment linking /wp-content/uploads/2009/12/japan.jpg
on “South Korea: The only middle power of its kind”Submitted What a Great Time to Be an Investor as a story · 1 points
HN discussionAssuming an investor owns the stock in a taxable account, dividends are taxed at ordinary income whereas if the stock appreciates due to stock buybacks, it could be taxable as a long-term gain (if held for more than a year). https://mebfaber.com/2016/05/02/much-dividends-costing/ >>> In a taxable account dividends could have cost you anywhere from 0.3% to over 3.0% in returns PER YEAR since 1974.
Comment linking /2016/05/02/much-dividends-costing/
on “A $9T corporate debt bomb is 'bubbling' in the US economy”An investor, Meb Faber, has written on this topic several times (2018): > Why All My Books Are Now Free (aka A Lesson in Amazon Scams and Money Laundering) https://mebfaber.com/2018/04/18/how-to-launder-money-with-am...
Comment linking /2018/04/18/how-to-launder-money-with-amazon-aka-why-all-my-books-are-now-free/
on “Money laundering via author impersonation on Amazon?”For sure. Here are some links: https://www.cis.upenn.edu/~mkearns/finread/trend.pdf https://www.bauer.uh.edu/TGeorge/papers/gh4-paper.pdf https://mebfaber.com/2007/05/30/buying-the-highs-vs-buying-t... https://allocatesmartly.com/buying-global-stocks-at-all-time... https://mebfaber.com/2019/11/04/is-buying-stocks-at-an-all-t...
Comment linking /2019/11/04/is-buying-stocks-at-an-all-time-high-a-good-idea/
on “Uber Sinks to New Record Low as IPO Share Lockup Expires”As long as you've got the stomach to keep stuff there in the face of high volatility. One approach that gives up some of the return but escapes the most volatile time: https://mebfaber.com/timing-model/
Comment linking /timing-model/
on “Stocks Halt; Oil and Bonds Drop in Sync”When it comes to value one thing that bugs me is the premium one has to pay for American equities. Like I get it, it's a good market, but it is consistently 30% to 100% more expensive across various metrics. American equities can't be this good. CAPE is a good case in point here: https://mebfaber.com/wp-content/uploads/2019/01/capeys.jpg
Comment linking /wp-content/uploads/2019/01/capeys.jpg
on “Value Is Dead, Long Live Value”Be careful with "raw" PE ratio. It peaks when earnings have already collapsed due to the denominator effect. Median of S&P500 price/sales (not quite the same as median of price/earnings of course): http://mebfaber.com/2015/03/13/stocks-are-the-most-expensive... Median of price/earnings for the broad NYSE universe: http://www.hussmanfunds.com/wmc/wmc150112.htm I don't think it's controversial to state that high valua…
Comment linking /2015/03/13/stocks-are-the-most-expensive-since-the-1960s/
on “Interview with Michael Burry, Real-Life Market Genius From The Big Short”I was thinking US stocks. US stocks have experienced stellar returns over the past 10 years that exceed growth in underlying earnings. Returns over the next 10 years will likely be lower as the stock market reverts to the mean. The cyclically-adjusted P/E ratio (CAPE ratio)—defined as current stock price divided by average annual earnings over the past decade—is a common way of looking at mean reversion. The relevan…
Comment linking /wp-content/uploads/2016/02/Research_2016_01_Predicting_Stock_Market_Returns_Shiller_CAPE_Keimling_1_.pdf
on “How to Build $1M”Hello - fellow software engineer who dabbles in quantitative investing here. I would start with episode 1 of Meb Faber's podcast: http://mebfaber.com/podcast/ And listen to all the episodes. Take your time, it took me about a year to get through them all. One of my favorite guests was Gary Antonacci. I read his book Dual Momentum Investing after hearing his episode. I now use his algorithm for a sizable portion of m…
Comment linking /podcast/
on “Ask HN: Whats the best way for a Software Engineer to learn finance?”https://www.peerstreet.com/ Short term loans backed by real estate. Should get you 7 to 10% per year. Started by ex-google guys. I have about 100K with peerstreet and it is performing well. They have never had a default. Podcast with the founders: http://mebfaber.com/2016/12/07/episode-32-guest-brew-brett-p...
Comment linking /2016/12/07/episode-32-guest-brew-brett-peerstreet-long-term-aspirations-disrupting-entire-mortgage-finance-securitization-market/
on “Ask HN: How would you invest $600k for only 2 years?”
