Welcome to the Mebb Fabor Show, where the focus is on helping you grow and preserve your wealth.

Join us as we discuss the craft of investing

and uncover new and profitable ideas,

all to help you grow wealthier and wiser.

Better investing starts here.

Mepp Faber is the co-founder and chief investment officer at Cambria Investment Management.

Due to industry regulations, he will not discuss any of Cambria's funds on this

podcast.

All opinions expressed by podcast participants are solely their own opinions and do not

reflect the opinion of Cambria Investment Management or its

affiliates. For more information visit cambria Investments.com.

What's up, podcast listeners. We have another Mebb Short and guess what we're going to talk about something we never talked about before on the podcast

Valuations just kidding you guys got to be tired of this, but I think this is a fun one I think it's important today's

podcast is called the biggest valuation spread in 40 years. Earlier this week I was

at my local coffee shop my favorite in Manhattan Beach is two guns. You may see me there in mornings. Maybe Pete's. I love Pete's. A lot more space. Anyway, ahead of me were two young moms chatting as their toddlers swirled around underfoot.

I couldn't help a notice as one of the moms nodded towards her child and told her friend,

you know, Billy is already doing some counting and spelling. He's just so gifted. Now the names have been changed

to protect the innocent. If you live in LA or probably New York, you know this poor child has a random

assortment of vowels, consonants mashed together to form a name, the world has never seen before.

He has to be unique.

I can't really talk, of course, but I didn't get to choose my name.

I love it though.

...