Undervalued Juniper Pharmaceuticals FCF/EV Yield 22%, ROE 20% – Small & Micro Cap Stock Screener

Johnny HopkinsStocks Comments

One of the cheapest stocks in our Small & Micro Cap Stock Screener is Juniper Pharmaceuticals Inc (NASDAQ:JNP). Juniper Pharmaceuticals Inc (Juniper) is a women’s health therapeutic company focused on developing therapeutics that address unmet medical needs in women’s health. It offers technical services to the pharmaceutical and biotechnology industry. A quick look at Juniper’s share price history over the past twelve months … Read More

Undervalued Celestica Inc FCF/EV Yield 16% – All Investable Stock Screener

Johnny HopkinsStocks Comments

One of the cheapest stocks in our All Investable Stock Screener is Celestica Inc (NYSE:CLS). Celestica Inc (Celestica) is a US-based EMS company. It delivers supply chain solutions to customers in the communications, industrial, aerospace and defense, healthcare, solar, semiconductor equipment and other sectors. A quick look at Celestica’s share price history over the past twelve months shows that the price is down … Read More

Here’s How Charlie And Warren Calculate Intrinsic Value Differently To Everyone Else

Johnny HopkinsCharles Munger, Warren Buffett Comments

One of the biggest problems facing investors is the calculation of intrinsic value. There has been much written about the correct way to calculate intrinsic value but one of the best explanations can be found in the book Charlie Munger: The Complete Investor, by Tren Griffin. The book provides the essential steps of Munger’s investing strategy and is a must read … Read More

Value Investing Having Its Worst Run Since The Financial Crisis – WSJ

Johnny HopkinsValue Investing News Comments

If you’re wondering why your value investing strategy is under-performing you’ll be interested in this interview by Charlie Turner at Your Money Matters and The Wall Street Journal’s Steve Russolillo regarding the current under-performance of value investing. Russolillo says value funds globally are on track to post their worst performance this year … relative to growth funds since before the financial … Read More

11 Lessons On How To Overcome Behavioral Investing Traps – Richard Thaler

Johnny HopkinsRichard Thaler Comments

One of our favorite academics here at The Acquirer’s Multiple is Richard Thaler. Thaler is a Professor of Economics and Behavioral Science at the Booth School of Business, University of Chicago. The reason that we like him is he’s an expert in behavioral finance. Basically that means understanding why people make irrational financial decisions in investing. He is also co-author (with Cass R. Sunstein) of the … Read More

25 Timeless Investing Lessons From Seth Klarman

Johnny HopkinsSeth Klarman Comments

One of our favorite investors here at The Acquirer’s Multiple is of course Seth Klarman. Klarman is one of the smartest investors on the planet and he’s always been very open in sharing his insights with other investors. While Klarman has provided dozens of investing lessons over the years via his speeches, interviews, and shareholder letters, here is a collection … Read More

This Week’s Best Investing Reads – Curated Links

Johnny HopkinsValue Investing News Comments

Here are this week’s best investing reads: When to Sell Your Investments (A Wealth of Common Sense) Have We Learned Nothing From The Financial Crisis? (The Felder Report) The investing secrets of hedge fund legend Seth Klarman: ‘Never hold on for the last nickel’ (CNBC) How a New Audit Rule Could Bring Sunshine to U.S. Markets (Jason Zweig) Tweets of the Week (Meb Faber Research) A Tesla 2017 Update: … Read More

Here’s Why Facebook Inc Remains Overvalued

Johnny HopkinsStocks Comments

One of the stocks that is not included in our deep value Stock Screeners is Facebook Inc. (NASDAQ:FB). Facebook Inc (Facebook) is the world’s largest online social network. Its products are Facebook, Instagram, Messenger, WhatsApp, and Oculus. Its products enable people to connect and share through mobile devices and personal computers. A quick look at Facebook’s share price history over … Read More

Patrick O’Shaughnessy Interviews Pat Dorsey – Buying Companies With Economic Moats

Johnny HopkinsPatrick O’Shaughnessy Comments

Here’s a great interview by Patrick O’Shaughnessy with Pat Dorsey called – Buying Companies With Economic Moats. The interview provides great insights into the four components of an economic moat, and how to analyze these four components into an investing framework that can be built into an investing strategy. You can find the original interview at The Investor’s Field Guide here.

Beaten Down Value Stocks Are Less Riskier Than You Think, Here’s Why – Josef Lakonishok

Johnny HopkinsJosef Lakonishok Comments

Of of the firms we follow closely here at The Acquirers Multiple is LSV Asset Management. Josef Lakonishok is the Chief Executive Officer and Chief Investment Officer of LSV Asset Management where he heads the research and investment team and is involved in all portfolio management and research functions. Lakonishok’s work has received many awards, including the Roger F. Murray … Read More

Here’s Why Apple Inc Remains Overvalued

Johnny HopkinsStocks Comments

Normally I would provide readers with analysis on one of the stocks included in our deep value Stock Screeners but today I thought I would provide analysis on one of the stocks that is not included in the screens to demonstrate why it’s overvalued. Today’s overvalued stock is Apple Inc. (NASDAQ:AAPL). Apple Inc (Apple) is an American multinational technology company. It … Read More

If You’re Having Trouble Finding Undervalued Stocks Today, Here’s One Reason Why – GMO

Johnny HopkinsJames Montier Comments

GMO recently released a white paper titled The S&P 500: Just Say No, by Matt Kadnar and James Montier. The paper questions the validity of throwing in the towel and simply indexing all of our equity exposure to the S&P 500. Of particular interest to us here at The Acquirer’s Multiple is Montier’s deep value screen, which he has regularly run over time … Read More

Find A Simple Strategy With An Acceptable Level Of Risk And Stick With It – What Works On Wall Street

Johnny HopkinsJames O’Shaughnessy Comments

One of the best investing books ever written is What Works On Wall Street by James O’ Shaughnessy. The book is full of a number of investing gems but one which struck a chord with me was O’ Shaughnessy’s advice on finding a simple evidence based strategy, with an acceptable level of risk, and sticking with it. He goes on … Read More

Undervalued SSR Mining FCF/EV Yield 16%, ROIC 20% – All Investable Stock Screener

Johnny HopkinsStocks Comments

One of the cheapest stocks in our All Investable Stock Screener is SSR Mining Inc (NASDAQ:SSRM). SSR Mining Inc (SSR), is a Vancouver-based mining company focused on the operation, development, exploration and acquisition of precious metal projects. A quick look at SSR’s share price history over the past twelve months shows that the price is down 33%, but here’s why the company is undervalued. … Read More

Howard Marks – Eleven Ways To Avoid Pitfalls That Will Crush Your Performance

Johnny HopkinsHoward Marks Comments

One of our favorite Superinvestors here at The Acquirer’s Multiple is Howard Marks. In his book, The Most Important Thing, Marks provides eleven lessons for avoiding pitfalls that will crush your portfolio’s performance. Here’s an excerpt from the book: The essential first step in avoiding pitfalls consists of being on the lookout for them. The combination of greed and optimism repeatedly … Read More

Seth Klarman – The Real Secret To Investing Is That There Is No Secret To Investing

Johnny HopkinsSeth Klarman Comments

One of our favorite investors here at The Acquirer’s Multiple is Seth Klarman and one of the best articles ever written by Klarman is the comprehensive preface that he wrote in the 6th Edition of the value investing bible, Security Analysis. In his closing thoughts Klarman explains that as long as human beings chase instant wealth and effortless gain, value … Read More

This Week’s Best Investing Reads – Curated Links

Johnny HopkinsValue Investing News Comments

Here’s some of this week’s best investing reads: Hot Stock Rally Tests The Patience Of A Choosy Lot: Value Investors (WSJ) Business vs. Investing, w/ Jason Zweig and Morgan Housel – [Invest Like the Best, EP.50] (The Investor’s Fieldguide) The Canadian Housing Market is Bananas (A Wealth of Common Sense) Risks Are Rising While Low Risks Are Discounted (Ray Dalio – LinkedIn) Investing Matters: To Companies … Read More