Introducing Acquirers Funds®

Tobias CarlisleStock Screener6 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

Dan Loeb: Latest Activist Positions

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As a new weekly feature here at The Acquirer’s Multiple, we’re going to take a look at the latest activist positions from some of our favorite superinvestors based on their latest 13D/13G filings. Activist investors like Warren Buffett, Carl Icahn, David Einhorn, Bill Ackman, Paul Singer, Howard Marks. John Paulson, … Read More

The Golden Age In Duration

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During his recent interview with Tobias, Dylan Grice, co-founder of Calderwood Capital Research, and author of the Popular Delusion Reports, discussed the golden age of duration. Here’s an excerpt from the interview: Tobias Carlisle: Last question and then I’ll let you go, but it’s sort of a bigger one. It … Read More

Warren Buffett: Top Buys, Top Sells

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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

Ray Dalio: The Magic Behind The Holy Grail Of Investing Strategy

Johnny HopkinsRay Dalio

Here’s a great short video by Ray Dalio in which he explains the magic behind his ‘holy grail of investing’. The holy grail strategy consists of 15-20 uncorrelated investments that will provide the best return-to-risk-ratio. Here’s an excerpt from the video: What that taught me is the magic is in… … Read More

Richard Feynman on Economics – Cargo Cult Science

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During his recent interview with Tobias, Dylan Grice, co-founder of Calderwood Capital Research, and author of the Popular Delusion Reports, discussed Richard Feynman on Economics – Cargo Cult Science. Here’s an excerpt from the interview: Tobias Carlisle: I think there’s been a lot of introspecting by Austrian economists and value … Read More

Bruce Greenwald’s Theory of Local Scale Advantages

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In this week’s episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discussed Bruce Greenwald’s theory of ‘local scale advantages’. Here’s an excerpt from the episode: Bill Brewster: All right. I’ve been noodling on Greenwald speeches lately, and it actually sort of goes to Jake’s point and maybe … Read More

Warren Buffett: Top 10 Holdings (Q4 2019)

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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

Origins Of High Performance Conglomerate Jack Henry $JKHY

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In this week’s episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discussed the origins of high performance conglomerate, Jack Henry $JKHY. Here’s an excerpt from the episode: Tobias Carlisle: So I’m talking Jack Henry. It’s another high-performance compounder, because that’s one I’m obsessed with at the moment. … Read More

The Anatomy Of A Forecast Error

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During his recent interview with Tobias, Dylan Grice, co-founder of Calderwood Capital Research, and author of the Popular Delusion Reports, discussed the anatomy of a forecast error. Here’s an excerpt from the interview: Tobias Carlisle: That’s a nice segue into one of the articles that I liked in your more … Read More

(Ep.53) The Acquirers Podcast: Dylan Grice – Pop Delusions – The Golden Age Of Duration, Richard Feynman, Cargo Cults And Anatomy Of A Forecast

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In this episode of The Acquirer’s Podcast Tobias chats with Dylan Grice. He is the co-founder of Calderwood Capital Research, and writes the Popular Delusion Reports. During the interview Dylan provided some great insights into: Popular Delusions Allocating To Different Managers Provides The Holy Grail Of Portfolio Robustness The Anatomy Of … Read More

How An Oil Spike Will Pop The Everything Bubble

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In this week’s episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discussed how an oil spike could pop the Everything Bubble. Here’s an excerpt from the episode: Jake Taylor: All right, so my topic this week is about what if a spike in the oil price is … Read More

This Week’s Best Investing Articles, Research, Podcasts 2/14/2020

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Here’s a list of this week’s best investing reads: Some Bull Market Reminders (A Wealth of Common Sense) An Astronaut’s Guide to Mental Models (Farnam Street) History is Only Interesting Because Nothing is Inevitable (Collaborative Fund) When You Were Born > Everything Else (The Irrelevant Investor) Crisis Investing (Verdad) What New Investors Should … Read More

John Paulson: Top Buys, Top Sells

Johnny HopkinsJohn PaulsonLeave a Comment

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

Manage Risk By Diversifying Your Diversifiers

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During his recent interview with Tobias, Corey Hoffstein, co-founder and Chief Investment Officer at Newfound Research discussed his approach to managing risk using a strategy that he calls – diversifying your diversifiers. Here’s an excerpt from the interview: Tobias Carlisle: I’ve had Adam Butler on the show, who’s Gestalt at … Read More