Publications

Global Value

Type
Link
Cost
Paid
Published
2014
Full Name
Global Value: How to Spot Bubbles, Avoid Market Crashes, and Earn Big Returns in the Stock Market

Global Value helps investors identify emerging bubbles and profit from their inflation. Likewise, this book will guide investors to avoid and survive the bursting of these bubbles, and the extreme volatility and losses that come after. At its core, Global Value is a roadmap for implementing the value investing concepts originally espoused by Benjamin Graham and David Dodd in their 1934 classic Security Analysis in a systematic, quantitative manner.

  • Global Value provides the research underpinnings for Cambria‚Äôs latest ETF offering, the Cambria Global Value ETF.

  • Meb Faber uses the cyclically-adjusted price/earnings ratio (CAPE), a metric popularized¬† by Yale economist Robert Shiller, as a valuation tool to rank countries.

  • The CAPE divides the current market by price by the average of annual earnings across the economic cycle, with 10 years being the most popular time interval.