This podcast episode features Meb Faber discussing his investment approach, which is rooted in value investing and trend following, emphasizing the importance of a rules-based, quantifiable strategy that mitigates emotional decision-making. Meb highlights the shift towards passive investment options and the impact of fees and taxes on long-term performance, while advocating for clear investment plans, understanding market conditions, managing drawdowns, and utilizing valuation metrics for better decision-making. Meb's insights serve as a guiding framework for investors seeking to enhance their strategies and ultimately succeed in the ever-evolving investment landscape.