Introducing Acquirers Funds®

Tobias CarlisleStock Screener8 Comments

We’ve launched a new investment firm called Acquirers Funds® to help you put the acquirer’s multiple into action. Acquirers Funds® Our investment process begins with The Acquirer’s Multiple®, the measure used by activists and buyout firms to identify potential targets. We believe deeply undervalued, and out-of-favor stocks offer asymmetric returns, with … Read More

David Einhorn’s Take on Why Low-ROE Stocks Deserve Your Attention

Johnny HopkinsDavid Einhorn, Value InvestingLeave a Comment

In the world of investing, conventional wisdom often tells us to chase high return-on-equity (ROE) businesses. Investors are naturally drawn to companies that boast impressive profit margins and efficient capital allocation. However, as legendary value investor David Einhorn highlighted in his 2006 speech at the Value Investing Congress, there’s a … Read More

The Law of Large Numbers: Mohnish Pabrai’s Warning for Investors

Johnny HopkinsLaw of Large Numbers, Mohnish PabraiLeave a Comment

Investing in large, well-established companies may seem like a safe bet. After all, these businesses have survived economic downturns, outcompeted rivals, and generated billions in annual cash flow. Yet, as Mohnish Pabrai astutely observes in Mosaic: Perspectives on Investing, investing in blue-chip giants can be a dangerous trap—one that too … Read More

Are Markets Just a Casino Now?

Johnny HopkinsMarket GamblingLeave a Comment

During their recent episode, Taylor, Carlisle, and Michael Gayed discussed Are Markets Just a Casino Now?. Here’s an excerpt from the episode: Michael: Well, which goes back to why I find the environment disturbing. It’s distorting market signals. It’s distorting– It actually distorts efficiency. It’s like where is capital best … Read More

Tech Dominance Is Breaking the Market Cycle

Johnny HopkinsTech DominanceLeave a Comment

During their recent episode, Taylor, Carlisle, and Michael Gayed discussed Tech Dominance Is Breaking the Market Cycle. Here’s an excerpt from the episode: Michael: No, no, that’s good, actually. So, let’s play with this. Jake: Confirm my priors, please. [laughter] Michael: Right. Misery loves company, especially in podcasts. Okay, let’s … Read More