Meb Faber: Playing Defense Against Black Swans

Episode #7: Playing Defense Against Black Swans

Guest: Episode #7 has no guest, but is co-hosted by Meb’s co-worker, Jeff Remsburg.

Date: 7/7/16

Run-Time: 30:10

Topics:  With Brexit rattling the markets recently, it’s a good time to revisit the discussion of “black swans” (not that Brexit was a black swan, despite catching many investors off-guard). So what exactly is an investing black swan? And is there anything you can do to protect yourself from one? That leads Meb into a discussion of outliers – specifically, how your returns would look if you missed out on the 10 best market days, but also avoided the 10 worst market days. From there, we discuss a way to help protect your wealth from the biggest drawdown-days in the market. (Hint – it’s how Paul Tudor Jones avoided the ’87 crash, and something you can easily implement in your own account today.) From there we move to actionable takeaways for listeners – after an extended down-period, what markets and/or countries might be cheap and starting to enjoy an uptrend, which would make them good investments right now? And finally, you’ll hear how Meb just lost his entire Kansas wheat crop, destroyed by a fire from an exploded combine. Black swan event? Find out on Episode #7.

Episode Sponsor: TheIdeaFarm.com

 

Audio below and more here

Links from the Episode:

Additional Papers

Running Segment: “Things I find beautiful, useful or downright magical”:

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