Michael Mauboussin – What Did Abe Lincoln & Baboons Teach Us About Investing?

Johnny HopkinsMichael MauboussinLeave a Comment

One of our favorite investors here at The Acquirer’s Multiple is Michael Mauboussin. Mauboussin is the Managing Director and Head of Global Financial Strategies at Credit Suisse. He’s also written three books, he’s been an adjunct professor of finance at Columbia Business School since 1993, and received the Dean’s Award for Teaching Excellence in 2009. One of my favorite Mauboussin talks was one titled, … Read More

Howard Marks – The Most Important Thing In Investing Is…

Johnny HopkinsHoward MarksLeave a Comment

One of our favorite investors at The Acquirer’s Multiple is Howard Marks. Howard Marks is Chairman and Co-Founder of Oaktree Capital Management, the world’s biggest distressed-debt investor. He’s known in the investment community for his “Oaktree memos” to clients which detail investment strategies and insight into the economy, and in 2011 he published the book The Most Important Thing: Uncommon Sense for … Read More

Value Investing Hits Back – Bloomberg

Johnny HopkinsValue Investing NewsLeave a Comment

Just read a great article by Nir Kaissar over at Bloomberg about the dominance of value stocks over growth stocks in 2016. Here’s an excerpt from that article: Value investing was supposed to be on the mat, waiting out its last few moments before it surrendered for good to growth stocks. But a curious thing happened in 2016; it got back up … Read More

Undervalued RMR – Strong Competitive Moat

Johnny HopkinsRMR, StocksLeave a Comment

One of the cheapest stocks in our All Investable – Deep Value Stock Screen is RMR Group Inc (NASDAQ:RMR). RMR Group Inc (RMR) provides management services to four publicly traded real estate investment trusts, or REITs, and three real estate operating companies. As of September 30, 2016, RMR had $26.9 billion of assets under management in the companies it manages. RMR is a wonderfully lean … Read More

(Month 4) – Up 19.63% – Deep Value Stock Portfolio

Johnny HopkinsTAM Portfolio Money Game1 Comment

Today is the end of month four of The Acquirer’s Multiple $45,000 – Deep Value Stock Portfolio – Real Money Game, and the portfolio is up 19.63% since inception. The Deep Value Stock Portfolio – Real Money Game means I’m investing my entire superannuation valued at $45,000 into a real life Acquirer’s Multiple Portfolio and documenting it here. The plan is … Read More

Howard Marks – Psychology Is The Most Important Discipline In Investing

Johnny HopkinsHoward MarksLeave a Comment

One of our favorite investors at The Acquirer’s Multiple is Howard Marks. Howard Marks is Chairman and Co-Founder of Oaktree Capital Management, the world’s biggest distressed-debt investor. He’s known in the investment community for his “Oaktree memos” to clients which detail investment strategies and insight into the economy, and in 2011 he published the book The Most Important Thing: Uncommon Sense for … Read More

Pendrell Corp – Negative Enterprise Value

Johnny HopkinsPCO, StocksLeave a Comment

The cheapest stock in our All Investable – Deep Value Stock Screen is Pendrell Corp (NASDAQ:PCO). Pendrell Corp (Pendrell) invests in, acquires, and develops businesses with unique technologies that are protected by intellectual property (IP) rights in the United States. It manages four IP licensing programs comprising digital media, digital cinema, wireless technologies, and memory and storage technologies. Pendrell is a stock that … Read More

Mohnish Pabrai – Value Is Its Own Catalyst – The Market Is a Weighing Machine

Johnny HopkinsMohnish PabraiLeave a Comment

One of our favorite investors at The Acquirer’s Multiple is Mohnish Pabrai. Mohnish Pabrai is the Founder and Managing Partner of the Pabrai Investments Funds, the founder and CEO of Dhandho Funds, and the author of The Dhandho Investor and Mosaic – Perspectives on Investing. He’s one of the smartest guys on the planet when it comes to investing. One of my favorite … Read More