March 20, 2018


Not being able to rate and sort great podcasts is still driving me crazy, and until we can solve it I’m still plowing through with brute force.  If anyone has a great solution let me know… Here’s a great one […]
March 2, 2018


I’m a total broken record here, but plenty of room for emerging to keep ripping…. Pic then download: —- —- Download A New Dawn Link Good investing, Meb Faber
February 14, 2018


A valuation CAPE ratio related piece below but first some housekeeping….If you’re a fan of The Idea Farm, we’re requesting your help. We’re looking for testimonials from subscribers who believe the Farm is as valuable as we do. With your […]
October 19, 2017


I know a lot of people research demographics, but for the life of me I can’t figure out how to incorporate into my investment systems.  PIMCO does a lot of work here and below is a new thick report from […]
October 1, 2017

Most of You Don’t Own This, At All…

Y’all probably know already how I feel about this, but the world’s largest asset class is foreign bonds…and most own almost none. Also included a link to my old paper on the topic. Charts then download: —- —- Links The […]
June 8, 2017


Nice quick analysis of the Global Market Portfolio returns since 1960.  Mirrors the results from our book…a basic global asset allocation gets you about 4-5% real returns over time.  Abstract then download… —- Using a newly constructed unique dataset, this […]
May 22, 2017


GMO on home bias, and valuations… Charts and download: —- —- Link to Download Home Bias Website
December 18, 2016

Two from RA

You guys know I love the cheap global stocks…turns out Research Affiliates does too.  Love this chart! Also threw in a bonus piece on Systematic Global Macro… Chart then two downloads: —- —- Downloads The Emerging Markets Hat Trick: Time […]
December 2, 2016

Century City

Duration, 100 year bonds, Mnuchin, and “will France blow up the Euro?”. All in one three-pager from Dillian’s Dirtnap. Chart and download: —- —- Link Century City Website
July 27, 2016

Go Broncos

Everyone has a bias, and home country bias is a big one…nice update from Vanguard. Chart then download: —- —- Download global case for strategic asset allocation and an examination of home bias Website Get a Free Subscription! If you send […]
July 25, 2016

Dynamic Risk Parity

You may know them as the Butler & Philbrick crew, but their company name is ReSolve.  They launched a new ETF in Canada, and put out a really nice white paper with it.  I included another paper from SSRN too […]
May 10, 2016

Sovereign Debt Restructuring

What happens to equities after sovereign debt restructuring? Chart then download: —- —- Download PDF Global Debt: Challenges and Opportunities Website Get a Free Subscription! If you send me an email with a link or attachment to a piece […]
January 27, 2016

New White Paper

Attached is a short white paper I wrote on applying a value strategy to global sovereign bonds. It isn’t public yet so please don’t share!  I may have a few more edits to make… Chart then download: —- —- Download […]
September 26, 2013

Market Cap to GDP for Global

One of Buffett’s favorite indicators is stock market cap to GDP.  Below, Minerd looks at the indicator for global countries relative to their history.  Not surprisingly, lots of cheap countries out there… —- —- Link to the Article MKT CAP […]