Host: Meb Faber is Co-Founder and Chief Funding Officer of Cambria Funding Administration. Meb has authored quite a few books, whitepapers and weblog posts, and is the host of The Meb Faber Present podcast.
Abstract: In immediately’s episode of the Cambria Fund Profile Sequence, Meb discusses the Cambria Worth and Momentum ETF (VAMO).
Meb walks by way of the technique, which offers publicity to shares centered on worth and momentum metrics, whereas being able to tactically hedge the fairness portfolio with strict danger management strategies which can be utterly systematic.
He seems again on the fund’s underperformance till 2021, however shares why funding methods can expertise short-term underperformance.
Because the episode winds down, Meb affords some notes from a current Cliff Asness paper on why the setup for worth is as enticing immediately because it’s been over the previous 50 years and explains why he’s enthusiastic about this technique going ahead.
Hyperlinks from the Episode: