Investors searching for the ETF with the highest allocation to GME at the start of 2021 would have turned up the Cambria Shareholder Yield ETF (SYLD). A quant by nature, SYLD's portfolio manager Meb Faber accumulated his outsized position in GameStop (GME) patiently over nearly a decade, sticking to his guns as shares moved consistently lower (Meb is the co-founder, CEO and CIO of Cambria Investment Management). Rather than taking a victory lap, Meb views his experience with GME as an important teaching moment for investors. This may be the most important investing podcast you listen to this year.Show Notes2:15: How the Cambria Shareholder Yield ETF (SYLD) ended up being the ETF with the largest allocation to Gamestop (GME) at the start of 20218:30: 90% of investors don't have a plan - and that's a huge mistake10:30: Market-cap weighting works - until it doesn't: A word on position sizing13:30: Chasing multi-baggers is hazardous to most investors' health: Having a process and sticking to it18:30: An asset allocation strategy built with low-cost funds is the right approach for the vast majority of investorsLearn more about your ad choices. Visit megaphone.fm/adchoices