Episodes

What’s the Most Valuable Asset in the World Right Now?

Episode #138 | January 23, 2020

In This Episode

Dan kicks off this episode with his thoughts on Apple and where it could go from its $1.4 trillion market cap.

The first thing he’s noticed about Apple this year is that its earnings didn’t double in 2019, while revenues and net income both fell. Yet the stock market chose to raise its valuation from 13x earnings to 16s earnings.

Dan then turns to a question posed to Stansberry editors –what’s cheap and unpopular with investors right now– before turning to this week’s podcast guest.

Meb Faber is a co-founder and chief investment officer of Cambria Investment Management, and host of The Meb Faber Show podcast. He has authored numerous white papers and leather-bound books, and graduated from UVA with a double major in Engineering Science and Biology.

We think you’ll appreciate his insights on trend-following and the strengths and dangers of diversification – not to mention his surprising insights on why investors focus almost exclusively on the U.S. at their own peril.