4 ways to build a portfolio that will survive in this bear market, according to an investment chief who warned in January that stocks were ‘stupid expensive’

• Though Meb Faber, the CIO of Cambria Investment Management, called the crash, he’s staying humble.
• More downside for stocks and the economy is likely, but it’s currently unclear to what extent.
• Here are four ways to invest as US stocks continue to crash from their lofty peak.

Meb Faber isn’t one to take a victory lap, even though he has every right to do so.

Not only did the co-founder and CIO of Cambria Investment Management warn in January that US stocks were “stupid expensive” before they fell by 20%, but he’s also the mind behind his firm’s 12 exchange-traded funds (ETFs) — nine of which have beaten the S&P 500 this year.

But the 22-year market veteran and manager of $1.5 billion of assets knows that arrogance can lead to ruin.