January 17, 2014

A Word of Thanks

Thanks to all of my subscribers for understanding the two week hiatus here on the Idea Farm.  It’s been a rough time for the Faber family but good to be back at work. In honor of my Dad, we will […]
January 5, 2014


Publication of the Idea Farm will be going on a temporary hiatus due to an unexpected death in the family, and should resume in a few weeks. I normally keep personal matters private, but since there are so many new […]
January 2, 2014

CAPE Updates

Below are CAPE updates along with two other charts detailing a) how CAPE did in 2013 and b) the average and median value across the database…
December 31, 2013

Cheap Across the Board

A long chart filled piece from JPM.  Below is a great chart of country valuations across CAPE, P/B, and dividends.  The #1 ranking is one of my favorite picks for 2014! Chart then download: —- —- Download PDF Long Term […]
December 29, 2013

A Big Inefficiency

Fun issue from Grant’s on the disconnect between Korean common and preferred shares. Chart then download: —- —- PDF Download Grant’s XMAS Website http://www.grantspub.com/
December 24, 2013

Shiller Siegel Battle

Instead of a download I’m going to direct you to a page that has all the downloads since some are very large.  But it is a treasure chest of great papers and PPTs.  Included are speeches from Siegel and Shiller […]
December 22, 2013

Absolute Charts – Low Vol Edition

A few great charts in this very worthy read from Niels Jensen.  Below is a chart on a topic that is very timely, namely how flows can distort factor investing. —- —- Download PDF here Squeaky Bum Time Website http://www.arpinvestments.com/
December 20, 2013

CTA Indexes

Most CTAs do the same thing.  That’s not necessarily a bad thing, rather, just something we should all be aware of (and probably not pay too much for!). Quick chart on the common CTA Indexes, then the download: —- —- […]
December 15, 2013

US Inflation and the Returns in Global Stock and Bond Markets

Dimensional Funds is known for their work in multifactor stock strategies.  Below is a simple piece examining long term returns and inflation. Table then download: —- —- Download PDF here: US Inflation and Returns Website: www.dimensional.com
December 13, 2013


Fun article from Cliff.  Quote then download. —- 2. Bubbles, Bubbles, Everywhere, But Not All Pop or Sink The word “bubble,” even if you are not an efficient market fan (if you are, it should never be uttered outside the tub), is very […]
December 9, 2013

A Very Important Yield Chart

I think this chart is hugely important for yield investors.  Great work as always from OSAM: Chart then download —- —- Download PDF here: The Myth of the Most Efficient Market Website: http://www.osam.com
December 7, 2013

New House of Money

Steve Drobny, author of the great books Inside the House of Money: Top Hedge Fund Traders on Profiting in the Global Markets and The Invisible Hands: Top Hedge Fund Traders on Bubbles, Crashes, and Real Money just put out a […]
December 4, 2013

All In Mo

Pictet is a multi-billion $ asset manager out of Europe.  I am slightly embarrassed to admit I had never heard of them until recently when a reader emailed me some of their work.  They have one momentum strategy they describe as: “One […]
November 26, 2013

New Look FX Investing

Here is an entire book on currency investing the research institute at the CFA…quick chart then big download. —- —- Download PDF here: A New Look at Currency Investing Website: http://www.cfapubs.org/
November 21, 2013

The Only Chart That Matters

With charts, if the conclusion isn’t immediately obvious I start to worry.  I love Tom McClellan’s charts.  This is a good one. —- “There are a lot of different indicators and studies that technical analysts use, and all of those […]