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
Mario Gabelli: How To Buy A Business Like Warren Buffett
During his recent interview with the MultiGreen Podcast, Mario Gabelli explained how to buy a business like Warren Buffett. Here’s an excerpt from the interview: Gabelli: When I started the firm in 1977 we were bottom of a bear market. Companies were selling at three or four times cash flow. … Read More
Warren Buffett: Interest Rates Power Everything In The Economic Universe
During the 2013 Berkshire Hathaway Annual Meeting, Warren Buffett explained why interest rates power everything in the economic universe. Here’s an excerpt from the meeting: WARREN BUFFETT: Well, it’s helped. You know it— interest rates are to asset prices, you know, sort of like gravity is to the apple. And … Read More
Seth Klarman – 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 E11): Behavioral Errors, The Art of Learning, And Yield Curve Inversion
In their latest episode of the VALUE: After Hours Podcast, Drew Dickson, Jake Taylor, and Tobias Carlisle discuss: Forget Sleep – The Nerve Wracking Portfolio Generates Alpha European Equities Poised To Outperform Markets Will Always Be Inefficient Tesla Won’t Sell 20 Million Cars A Year By 2030 SVB – U.S … Read More
This Week’s 10 Big Named Companies Near 52 Week Lows
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
This Week’s 10 Worst Performing Mega-Cap Stocks Last 12 Months
Over the past twelve months ten Mega-Cap stocks have underperformed all others. Mega-Caps are defined by $200 Billion Market Cap or more. Here’s this week’s top 10 worst performing Mega-Caps in the last twelve months: Symbol Name 1 Year Price Returns (Daily) AMZN Amazon.com Inc -37.70% TSLA Tesla Inc -35.65% … Read More
This Week’s Best Value Investing News, Podcasts, Interviews (3/24/2023)
This week’s best investing news: Bill Ackman Full Interview – SVB Collapse; Biden vs Trump; Losing $400M on Netflix (20VC) Terry Smith: Why I never invest in bank shares (Fundsmith) Joel Greenblatt Interview – Investors Chronicle (IC) Warren Buffett in Contact With Biden Officials on Banking Crisis (Bloomberg) The Roundup: … Read More
Stock In Focus – TAM Stock Screener – The Home Depot Inc (HD)
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: The Home Depot Inc (HD) Home Depot is the world’s largest … Read More
Solvency – There Is No Banking Crisis
During their latest episode of the VALUE: After Hours Podcast, Travis, Taylor, and Carlisle discuss Solvency – There Is No Banking Crisis. Here’s an excerpt from the episode: Jake: A couple of things there. One, I don’t know the exact number. I’d be curious if someone else could ferret this … Read More
Terry Smith: Do We Actually Need Traditional Banks Anymore?
In his recent article titled – Why I never invest in bank shares, Terry Smith explains why he never invests in bank stocks. Here’s an excerpt from the article: Smith: That encompasses my long-standing reasons for avoiding bank shares but another has emerged in recent years – Fintech. What are … Read More
Joel Greenblatt: There’s A Big Dichotomy In The Opportunity Set Right Now
During his recent interview with the Investors’ Chronicle, Joel Greenblatt explained why there’s a big dichotomy in the opportunity set right now. Here’s an excerpt from the interview: Greenblatt: I will tell you a story. I started Gotham in 1985. My partner Rob Goldstein joined me in 1989. We returned … Read More
This Acquirers Multiple Stock Appearing In Dalio, Greenblatt, Simons, 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
Fed Hikes Rates Until Something Breaks
During their latest episode of the VALUE: After Hours Podcast, Travis, Taylor, and Carlisle discuss Fed Hikes Rates Until Something Breaks. Here’s an excerpt from the episode: Tobias: We’ve shown what we’re going to do, haven’t we? We all know that. We know exactly what’s going to happen. The argument … Read More
Cliff Asness: The ‘Two Newspaper’ Investing Strategy
During his recent interview with Barry Ritholz, Cliff Asness discussed his ‘two newspaper’ investing strategy. Here’s an excerpt from the interview: Asness: About half our assets are really traditional, we’re money managers beat.. you know plenty of things don’t let a short, or lever, or any of those hedge fund … Read More
Bill Ackman: Why We Need To Guarantee All Bank Deposits
During his recent interview with 20VC, Bill Ackman explained why we need to guarantee all bank deposits. Here’s an excerpt from the interview: Ackman: I woke up Saturday morning after the events of the week pretty convinced that if the government didn’t at a minimum guarantee deposits at Silicon Valley … 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
We’re Heading For A Financial Ice Age
During their latest episode of the VALUE: After Hours Podcast, Travis, Taylor, and Carlisle discuss We’re Heading For A Financial Ice Age. Here’s an excerpt from the episode: Jake: Yeah. Yeah, this is inspired by– I read this book called Ice Age: The Theory That Came In From The Cold! by John … Read More
Warren Buffett: How To Identify Shareholder-Conscious Managements
In his 1984 Berkshire Hathaway Letter, Warren Buffett discussed how to identify shareholder-conscious managements. Here’s an excerpt from the letter: The key word is “demonstrated”. A manager who consistently turns his back on repurchases, when these clearly are in the interests of owners, reveals more than he knows of his … Read More
Jim Rogers: Before This Is Over We’re Going To Have Some Horrible Economic Problems Everywhere
During his recent interview with Business Standard, Jim Rogers explained why before this is over we’re going to have some horrible economic problems everywhere. Here’s an excerpt from the interview: Rogers: Well it’s happened throughout history, all over the world. When there’s a long period of prosperity Banks get excited … 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