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Add as a preferred source on GoogleMeb Faber Says Bear Markets Can Purge Excesses and Aid Recovery
The Cambria Investment Management co-founder also highlighted foreign stocks and small-cap equities as neglected areas and criticized complex ETF structures.
Meb Faber argued at Dirtcon that bear markets can purge excesses and support recovery, while highlighting foreign stocks and small-cap equities as overlooked areas in the market.
Faber, co-founder of Cambria Investment Management, said downturns can eliminate unproductive investments and help markets recover. He also criticized the complexity of exchange-traded fund (ETF) structures.
His presentation covered bear markets, overlooked parts of the market and ETF design.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.