From TokenPost · · 40s
Meb Faber on Bear Markets
Bear markets purge excesses and aid recovery, says Meb Faber.
In brief
Bear markets purge excesses and aid recovery, says Meb Faber. Meb Faber argues bear markets eliminate unproductive investments and support market recovery. Originally reported by TokenPost.
Meb Faber
Meb Faber, co-founder of Cambria Investment Management, argued at Dirtcon that bear markets can purge excesses and support recovery.
Bear Markets
Faber said downturns eliminate unproductive investments and help markets recover while highlighting foreign stocks and small-cap equities as overlooked areas.
ETF Critique
He criticized the complexity of exchange-traded fund structures as a key issue in market design.
The main idea
Meb Faber argues bear markets eliminate unproductive investments and support market recovery.
