Q&A With Mebane Faber

For February's Q&A, I've asked portfolio manager Mebane Faber to be our guest. His firm, Cambria Investment Management, focuses on quantitative investment strategies.

Mebane is a frequent speaker and writer on investment strategies and has been featured in Barron’s, The New York Times, Real Money, Seeking Alpha, and The New Yorker. I learned about him some time ago through his excellent blog, World Beta. Recently, Mebane also co-founded a new website - AlphaClone - which is focused on building portfolio clones based on the holdings of the world's top fund manager's. Finally, Mebane also has a new book coming out next month called "The Ivy Portfolio."

Mebane is well-known in the investment world. His research paper, "A Quantitative Approach to Tactical Asset Allocation," has attracted a tremendous amount of positive attention as it outlines a very simple timing method that has improved returns versus a buy-and-hold strategy by reducing portfolio risk and trading frequency all while being invested in the market approximately 70% of the time. In this Q&A, we'll talk quite a bit about this approach and other perspectives I think will help you tremendously with your long-term investing and market-timing.....[READ]