Can stocks really underperform for bonds decades?! In this special Alpha Architect Round Up celebrating 3,000 subscribers, we sit down with Meb Faber to dig into surprising market truths, diversification challenges, and why buy-and-hold doesn’t always work outside the U.S. In this episode, we discuss: • Why stocks can stagnate or trail other assets like bonds and gold for decades • The hidden role of farmland and housing in the global portfolio • Vanguard’s surprising call for international bonds • Trend-following: misunderstood or just out of favor? • The pitfalls of institutional investing and why complexity often loses • Behavioral mistakes investors keep repeating (performance chasing, sitting on cash) • Which countries and strategies are “totally not crushing it” today—but might be tomorrow Follow Meb's summer series "20 Things You May Not Know About Markets (or That Might Surprise You)": https://x.com/MebFaber/status/1936136442079855067 Follow the Alpha Architect Team and Meb on X: Wes Gray, PhD: https://x.com/alphaarchitect Jack Vogel, PhD: https://x.com/jvogs02 Ryan Kirlin: https://x.com/RyanPKirlin Jose Ordoñez Jr: https://x.com/JOrdonezJr Meb Faber: https://x.com/MebFaber Subscribe for more insights on diversification, market trends, and smart investing strategies! For more educational resources, visit: https://www.alphaarchitect.com Disclosures: https://www.alphaarchitect.com/disclosures