As part of the weekly research here at The Acquirer’s Multiple we’re always interested in investing gurus who hold the same stocks that appear in our Acquirer’s Multiple Stock Screeners, based on their latest 13F’s. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, … Read More
The Sentiment Analysis Investing Strategy
During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, and Dillian discussed The Sentiment Analysis Investing Strategy. Here’s an excerpt from the episode: Jared: Well, I cover all asset classes, so equities, fixed income, currencies, commodities. I cover everything. Cover crypto. But my B is really sentiment. … Read More
Warren Buffett: Investing Without Complexity: A Guide to Long-Term Wealth Creation
In his 1996 Berkshire Hathaway Annual Letter, Warren Buffett says to be successful at investing, you don’t need to understand complex concepts like beta, efficient markets, modern portfolio theory, option pricing, or emerging markets. Instead, you should focus on two key principles: how to value a business and how to … Read More
Terry Smith: The Myth of “Cheap” Shares: Why Owning Good Companies Matters Most
In his book Investing For Growth. Terry Smith criticizes the obsession with “cheap” shares, arguing that owning shares in a good company is a much larger determinant of investment performance than whether the shares were cheap when you bought them. Here’s an excerpt from the book: What has continued to … Read More
Jeremy Grantham – Top 10 Holdings – Latest 13F
One of the best resources for investors are the publicly available 13F-HR documents that each fund is required to submit to the SEC. These documents allow investors to track their favorite superinvestors, their fund’s current holdings, plus their new buys and sold out positions. We spend a lot of time … Read More
VALUE: After Hours (S05 E42): Daily Dirt Nap’s Jared Dillian on Small Value and his book No Worries
In their latest episode of the VALUE: After Hours Podcast Jake Taylor, Tobias Carlisle, and Jared Dillian discuss: The Sentiment Analysis Investing Strategy The Culture At Lehman Brothers: NASCAR-Style Efficiency Bull Steepener: The Trade That Fixes Everything Use Twitter To Make Money Trading Panic Market Exodus: Millions Have Abandoned the … Read More
Coca-Cola Co (KO) DCF Valuation: Is The Stock Undervalued?
As part of a new series, each week we typically conduct a DCF on one of the companies in our screens. This week we thought we’d take a look at one of the stocks that are not currently in our screens, Coca-Cola Co (KO). Profile Founded in 1886, Atlanta-headquartered Coca-Cola … Read More
This Week’s Best Value Investing News, Podcasts, Interviews (11/17/2023)
This week’s best investing news: David Einhorn – Greenlight Q3 2023 Letter (Greenlight) Charlie Munger on Warren Buffett: He cares more about what happens to Berkshire than his own money (CNBC) John Malone Speaks with CNBC’s David Faber on “Squawk on the Street” (CNBC) How Joel Greenblatt Picks Stocks (Satovsky) … Read More
Why Lowe’s Companies Inc Is A Buy? Acquirer’s Multiple Stock Screener Analysis
As part of our ongoing series here at The Acquirer’s Multiple, each week we focus on one of the stocks from our Stock Screeners, and why it’s a ‘buy’ based on key fundamentals. One of the cheapest stocks in our Stock Screeners is: Lowe’s Companies Inc (LOW) Lowe’s is the second-largest home improvement retailer … Read More
The Fairfax Stock Price Has Tripled in Three Years
During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, and Weber discussed The Fairfax Stock Price Has Tripled in Three Years. Here’s an excerpt from the episode: Tobias: JT, do you want to take a shot at your veggies? Jake: I do, and I shall. Tobias: [laughs] … Read More
Warren Buffett: Investment Risks: Beyond Numbers – Assessing Long-Term Purchasing Power
In his 1993 Berkshire Hathaway Annual Letter, Warren Buffett explained why an investor’s primary concern should be whether their investment will provide enough purchasing power over time to compensate for the initial investment plus a reasonable return. While this risk cannot be precisely calculated, it can be assessed with a … Read More
Dan Loeb: Investors Can Find Great Opportunities In ‘Bulletproof’ Securities
In his latest Q3 2023 Third Point Letter, Dan Loeb discussed how he’s finding many opportunities in improving credits with ‘bulletproof’ securities, boasting yields of 10%-13%, supported by seniority, security, or both. Here’s an excerpt from the letter: Third Point’s corporate credit portfolio has contributed 1.3% to fund returns on … Read More
This Acquirers Multiple Stock Is Undervalued, According to Dalio, Greenblatt, And Simons
Part of the weekly research here at The Acquirer’s Multiple features some of the top picks from our Stock Screeners and some top investors who are holding these same picks in their portfolios. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, … Read More
The Magnificent 7: How Digital Ads Have Destroyed Other Forms of Advertising
During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, and Weber discussed The Magnificent 7: How Digital Ads Have Destroyed Other Forms of Advertising. Here’s an excerpt from the episode: Scott: Yeah. Your point is correct. The concentration is high. There have been periods of time when … Read More
Joel Greenblatt: Seeking Value, Minimizing Risk, A Strategic Approach to Stock Selection
In this interview with Satovsky Asset Management, Joel Greenblatt discusses how to find value, minimizing risk, and his strategic approach to stock selection. Here’s an excerpt from the interview: Greenblatt: Yeah usually when things go bad I hide under my desk, that’s me no. I would just say I’m human … Read More
Mohnish Pabrai: Don’t Sell Overvalued Businesses: Give Them the Benefit of the Doubt
During this Q&A session at the University of Notre Dame, Mohnish Pabrai recommends selling a business only when it is obviously overvalued. Even if a business looks to be overvalued by 20-30%, it is worth giving it the benefit of the doubt, as there are many unknowns that could work … Read More
10 Big-Name Stocks Near 52-Week Lows: Are They A Buy?
Over the past twelve months a number of big named companies have been near or below their 52 week low price. Each week we’ll take a look at some of the biggest names currently close to their 52 week lows: Symbol Name Price $ 52 Week Low $ JNJ Johnson … Read More
The One Stock That Superinvestors Are Dumping: Is It Time to Sell?
As part of the weekly research here at The Acquirer’s Multiple we’re always interested in superinvestors who hold the same stocks that appear in our Acquirer’s Multiple Stock Screeners, based on their latest 13F’s. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth … Read More
The Druckenmiller Algorithm
During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, and Weber discussed The Druckenmiller Algorithm. Here’s an excerpt from the episode: Tobias: Scott, to what extent does the macro factor into what you guys are doing? If you’re fully exposed, probably not a great deal, but how … Read More
Warren Buffett: In Markets Wild Things Create Their Own Truth For A While
During the 2000 Berkshire Hathaway Annual Meeting, Warren Buffett says that he has seen everything in the markets, including companies selling for tens of billions of dollars that are worthless, and companies selling for 20% of their worth. He believes that in markets wild things create their own truth for … Read More