On this week's Investor's Marketcast, the hosts welcome Meb Faber, co-founder and CIO of Cambria Investment Management. Meb has been featured in the New York Times, the Wall Street Journal, and was a speaker at last year's Stansberry Research Conference in Las Vegas. 

Meb shares his origin story – a long, winding road full of tiny decisions that seemed miniscule at the time but momentous in retrospect. An engineer by training, he went to work at a biotech mutual fund through a quirk of fate before becoming co-founder of Cambria Investments. 

Scott asks Meb if his deep background in biology gives him an edge in biotech investing, and Meb explains why doctors and engineers are actually, by far, the worst investors he's come across. 

Scott, Greg and Meb talk about how to control emotions when investing, and Meb explains why chasing performance can be the biggest mistake you can make as an investor. "I became aware very early of how your emotions can lead you astray." 

John asks Meb about emerging markets and where, if anywhere, value can be found in them. John and Meb then discuss how home-country bias (and in cases regional bias within countries) have shaped the global markets. 

Scott brings up a recent legal change that could give exchange traded funds (ETFs) a leg up on mutual funds. 

Recapping the last week in the markets, John and Scott discuss the impressive GDP data from the U.S.

Scott makes a prediction about this November's elections, and how that will affect Chinese calculations of America's next trade war gambit. 

The Marketcast hosts break down what's going on in the "Tech Trade" – and what implications the overcrowded FAANG'M trade (Facebook, Amazon, Apple, Netflix, Google, and Microsoft) could have on the rest of the market. 

Scott tells listeners where growth is coming from in these tech names, but John says rising rates could slow this growth, and Greg tells why today could be the beginning of "Tech Bubble 2.0."