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
What A Difference 12 Months Makes @ycharts
In the past twelve months, one sector has underperformed all others, and that is Communication Services, down 25.13%. Within that sector one group of companies has significantly underperformed, and that is Internet Content and Information. Here’s a list of some of the worst performing stocks in Internet Content and Information. What … Read More
Stock In Focus – TAM Stock Screener – BlueLinx Holdings Inc (BXC)
As part of our ongoing series here at The Acquirer’s Multiple, we provide this feature article titled ‘Stock in Focus‘ where we focus on one of the stocks from our Stock Screeners. One of the cheapest stocks in our Stock Screeners is: BlueLinx Holdings Inc (BXC) BlueLinx Holdings Inc is engaged in the … Read More
This Week’s Best Value Investing News, Podcasts, Interviews (5/27/2022)
This week’s best investing news: Howard Marks Memo – Bull Market Rhymes (Oaktree) Perpetual Motion Machines, Finance & Fraud (Jamie Catherwood) Growth Stocks: Have They Bottomed? (Validea) Private Equity: Still Overrated and Overvalued? (Verdad) Seems Like Old Times (Epsilon Theory) Close but No Cigar (Humble Dollar) Michael Burry says Warren Buffett is unique — and … Read More
Howard Marks: Investing Lessons Learned From The Market Trends In 2020-21
In his latest memo titled – Bull Market Rhymes, Howard Marks discusses investing lessons learned from the market trends in 2020-21. Here’s an excerpt from the memo: As always for students of investing, what matters most isn’t what events transpired in a given period of time, but what we can learn … Read More
Investing Implications Of Dopamine
In their recent episode of the VALUE: After Hours Podcast, Cassel, Taylor, and Carlisle discussed Investing Implications Of Dopamine. Here’s an excerpt from the episode: Jake: All right. This segment comes from, I finished recently reading this book called Behave by Robert Sapolsky. He’s a professor at Stanford, who teaches … Read More
Is Verizon Communications Inc (VZ) A Great Value Stock?
Based on the improved performance metrics, which we recently added to our stock screens, Verizon Communications Inc (VZ) could be a great value stock: Verizon is primarily a wireless business (nearly 80% of revenue and nearly all operating income). It serves about 93 million postpaid and 24 million prepaid phone customers … Read More
Bill Nygren: Investors Get Excited At Precisely The Wrong Time
In his recent interview with CNBC, Bill Nygren explains why investors get excited at precisely the wrong time. Here’s an excerpt from the interview: Nygren: Yes the market is coming to us [value investors], and we think there are a lot of very cheap stocks out there right now. But … Read More
Bill Ackman: Here’s Why There’s No Buyers For Stocks
Bill Ackman recently tweeted a thread explaining why there’s no buyers for stocks. Here’s an excerpt from the thread: Ackman: Inflation is out of control. Inflation expectations are getting out of control. Markets are imploding because investors are not confident that the federal reserve will stop inflation. If the Fed … Read More
This Acquirers Multiple Stock Appearing In Klarman, Lu, Pabrai Portfolios
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
It’s No Sin To Buy Something And Sell It Lower
In their recent episode of the VALUE: After Hours Podcast, Cassel, Taylor, and Carlisle discussed It’s No Sin To Buy Something And Sell It Lower. Here’s an excerpt from the episode: Tobias: Yes, [laughs] It’s less relevant to me, because I already have as Jake likes to say, I have … Read More
Ray Dalio: Here’s Why Everything Can’t Continue To Go Up
In his recent interview with CNBC, Ray Dalio explained why everything can’t continue to go up. Here’s an excerpt from the interview: Dalio: We’re in a paradigm shift I think. A paradigm is something happens for ten years, an environment for 10 years, and at the end of that ten … Read More
Jeremy Grantham: Sure Signs That This Market Breakdown Is The Real McCoy
In his recent interview with Bridgewater Associates, Jeremy Grantham discusses the sure signs that this market breakdown is the real McCoy. Here’s an excerpt from the interview: Grantham: I must say I’m… in my old age reaching a point where I have a little trouble convincing myself that the stock … Read More
One Stock Superinvestors Are Selling
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
You Should Expect To Be Down 50% At Some Stage
In their recent episode of the VALUE: After Hours Podcast, Cassel, Taylor, and Carlisle discussed You Should Expect To Be Down 50% At Some Stage. Here’s an excerpt from the episode: Tobias: Which is one of the other things we were talking about before we came on. Berkshire Hathaway is … Read More
John Neff: Why Most Investors Will Never Hold Compounders
In his recent article titled – Why Compounding is so Difficult, John Neff explains why most investors will never hold compounders. Here’s an excerpt from the article: How many billionaires are there in the United States? There is no definitive count. Most estimates put the number well below 1,000–with 927 … Read More
Bill Miller: If You Can’t Buy When Prices Are Falling You Can’t Buy At All
In his recent interview on the Richer, Wiser, Happier Podcast, Bill Miller explains why if you can’t buy when prices are falling you can’t buy at all. Here’s an excerpt from the interview: Miller: The other thing that I’ve said is that nobody can predict these things, the future, no … Read More
One Stock Superinvestors Are Buying
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
Don’t Hold Cash Waiting For The ‘Right Time’
In their recent episode of the VALUE: After Hours Podcast, Cassel, Taylor, and Carlisle discussed Don’t Hold Cash Waiting For The ‘Right Time’. Here’s an excerpt from the episode: Tobias: I’ve got lots of people reach out and say, “I’ve been holding a whole lot of cash. There is this … Read More
GMO: Protecting Your Portfolio from Inflation After the Fact
In their recent Q1 2022 Letter, GMO discusses one way to protect your portfolio from inflation after the fact. Here’s an excerpt from the letter: The long-term supply/demand dynamics in natural resource markets favor high and rising prices. The clean energy transition will take decades to play out and will, … Read More
Ken Griffin: Why Value Stocks Will Outperform Growth
In his recent interview on Bloomberg, Ken Griffin explains why value stocks will outperform growth. Here’s an excerpt from the interview: Griffin: For our entire adult lives we’ve lived by and large… this is an uneven set of benefits, but we’ve lived through the benefits of globalization which has been … Read More