Meb Faber’s recent presentation is now on his web site. It is a very good introduction to how he thinks about asset management and operates his funds. He now manages SYLD, FYLD, GVAL, and GTAA.
https://mebfaber.com/

Dollars Distort Our Understanding of Wealth
Most investors measure wealth in dollars — but what if the ruler itself is shrinking? Since 2000, the S&P 500 is up nearly 5x in dollar terms, yet priced in

