TDI Podcast: Incompetent Idiots (#971)
The Disciplined Investor
Andrew Horowitz and guests - Frank Curzio, Ben Hunt, Barry Ritholtz, Leo Laporte, Keith McCullough, TDI
4.4 • 705 Ratings
🗓️ 3 May 2026
⏱️ 70 minutes
🧾️ Download transcript
Summary
Incompetent individuals cannot recognize their own deficiencies because they lack the very expertise needed to do so. Dunning-Kruger lives on…
So many people confidently discussing a subject they know little about, while dismissing experts.
The big boys have reported !
Powell’s Last speech – and a divided Fed.
Inflation – via the PCE is hot.
Our guest, Meb Faber co-founder and the Chief Investment Officer of Cambria Investment Management.
NEW! DOWNLOAD THIS EPISODE’S AI GENERATED SHOW NOTES (Guest Segment)
Mr. Faber is a co-founder and the Chief Investment Officer of Cambria Investment Management. Faber is the manager of Cambria’s ETFs and separate accounts. Mr. Faber is the host of The Meb Faber Show podcast and has authored numerous white papers and leather-bound books. He is a frequent speaker and writer on investment strategies and has been featured in Barron’s, The New York Times, and The New Yorker. Mr. Faber graduated from the University of Virginia with a double major in Engineering Science and Biology.
Meb spends most of his free time skiing, learning to surf, and traveling. And because he gets this question daily, Mebane is Southern (US), and rhymes with “web-in”.
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Stocks mentioned in this episode: (AMZN), (META), (AAPL), (NVDA), (SNDK), (OIL), (GOOG)
Transcript
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| 0:51.7 | The disciplined investor is all about you, your money, and the markets. |
| 0:56.5 | Sit back and get ready for this edition of The Discipline Investor Podcast. |
| 1:02.1 | This episode of The Discipline Investor is sponsored by Horowitz & Company. |
| 1:07.1 | If you're looking for a portfolio manager, look no further. |
| 1:10.6 | Horowitz and Company, from seed through harvest, cultivating financial success. |
| 1:21.1 | The big boys have reported. |
| 1:24.8 | Powell's last speech and a divided Fed. |
| 1:31.7 | Inflation via the PCE is coming in hot. And our guest today is Med Faber, founder and CIO of Cambria Research. All this and much more on episode |
| 1:39.8 | number 971 of the disciplined investor podcast. |
| 1:58.4 | Well, hey there. |
| 2:01.9 | We got a great, great show lined up for you today. |
| 2:04.1 | I'm really excited about our guest that's coming on. |
| 2:07.3 | And we have a lot of exciting news, especially about CAP-X, |
... |
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