In short: Offered as the real-assets fix for the third of his "three biggest mistakes" in a traditional US allocation (US-only, market-cap weighted, no real assets): "we have global REIT ETF, BLDG, which is I think a five-star fund… Having a great year. REITs are a little bit surprise to me in this year, but they're putting up some pretty great returns."
BLDG holds real-estate investment trusts (REITs) from around the world — companies that own income-producing property and pass most of the rent through to shareholders. Faber brings it up as the fix for the third of the three mistakes he sees in typical American portfolios: no real assets at all, meaning no property, commodities or inflation-linked bonds.
That fits his inflation view — if "all roads lead to inflation," you want to own things rather than lend money at a fixed rate. His comment on it here is straightforward and includes a note of surprise: a five-star-rated fund that is "having a great year," with REIT returns better than he expected in 2026.
38:14Oh, we have global REIT ETF, BLDG, which is I think a five-star fund, is really interesting. Having a great year. REITs are a little bit surprise to me in this year. But they're putting up some pretty great returns. And then lastly is trend following which I'm probably the most afield on from a traditional allocation.
Nothing matches this filter.
Verbatim excerpts from the public transcripts (auto-pulled at each mention's timestamp, lightly cleaned). Timestamps link into the video; "source page" opens that commentator's full analysis at this row. Click a mention's header line to expand it (one open at a time). For personal study — not investment advice.