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
William Blair: Small-Cap Value Has Been Outperforming For 18 Months
During this presentation, the team at William Blair discuss why small-cap value has been outperforming for 18 months. Here’s an excerpt from the presentation: Value’s been outperforming, at least in the small-cap arena, for the better part of eighteen months. Before that, we had a really long pronounced period of … Read More
Bill Nygren: How To Identify And Value Quality Businesses
During his recent interview with The Motley Fool, Bill Nygren discussed how to identify and value quality businesses. Here’s an excerpt from the interview: Nygren: I recently read an interview with Berkshire Hathaway’s Todd Combs where he said the worst business imaginable is one that grows and needs infinite capital. … Read More
Jeremy Grantham – 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 (S04 E43): Journalytic Launch, 10-3 Inversion and Recessions, SBF and FTX GTFO
In their latest episode of the VALUE: After Hours Podcast, Bill Brewster, Jake Taylor, and Tobias Carlisle discuss: Journalytic Launch Cathie Wood Predicts Bitcoin To $1 Million By 2030 10-3 Inversion and Recessions SBF And FTX GTFO No Bear Market Ends Before The Associated Recession Has Begun Demographics Look Bad … 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 $ MDT Medtronic … 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) 1. META Meta Platforms Inc -63.60% 2. TSLA … Read More
Stock In Focus – TAM Stock Screener – Procter & Gamble Co (PG)
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: Procter & Gamble Co (PG) Since its founding in 1837, Procter … Read More
This Week’s Best Value Investing News, Podcasts, Interviews (12/02/2022)
This week’s best investing news: Mohnish Pabrai’s Q&A Session with students at William & Mary College (Mohnish Pabrai) The Need to Read (Paul Graham) Howard Marks’ 10 key elements for investing (AFR) MegaThreats (Verdad) Jeremy Grantham on Investing in Green Tech (CWT) Who Says ‘You Can’t Time The Market’? (Felder) … Read More
Value’s Cheap
In their latest episode of the VALUE: After Hours Podcast, Brewster, Taylor, and Carlisle discuss Value’s Cheap. Here’s an excerpt from the episode: Tobias: I got another EV/EBIT ratio update for you. Jake: Okay. How spread are we yet? Tobias: We are off from the highs, which was last month. … Read More
This Acquirers Multiple Stock Appearing In Buffett, Greenblatt, Dalio 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
GMO: U.S “Deep Value” (Cheapest 20%) Is Very Cheap
In their latest Q3 2022 Quarterly Letter, GMO explain why U.S Deep Value (Cheapest 20%) is very cheap. Here’s an excerpt from the letter: But while the halves of the market are a natural way to break things up from a style perspective, they can hide some important distinctions. In … Read More
Jeremy Grantham: It’s Par For The Course For Markets To Be Wrong
During his recent interview on the Conversations With Tyler Podcast, Jeremy Grantham explained why it’s par for the course for markets to be wrong. Here’s an excerpt from the interview: Grantham: Absolutely. I think it’s par for the course for markets to be wrong. On a horizon that’s over two … Read More
Tesla Needs To Justify Valuation
In their latest episode of the VALUE: After Hours Podcast, Brewster, Taylor, and Carlisle discuss Tesla Needs To Justify Valuation. Here’s an excerpt from the episode: Tobias: Yeah, there’s a lot of dip buyers out there. Actually, there’s some sad threads on Tesla. When I go through and have a … 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
Warren Buffett: Never Read Analysts Reports
During the 2003 Berkshire Annual Meeting, Warren Buffett explained why he never reads analysts reports. Here’s an excerpt from the meeting: WARREN BUFFETT: You want to read lots of financial material as it comes along. And actually, The New York Times has a far better business section than they had … Read More
Wes Gray: The Investor’s Monkey Brain
During his recent interview on The Long View Podcast, Wes Gray discussed the investor’s monkey brain. Here’s an excerpt from the interview: So, again, going back to monkey brain, in normal times, people accept normal risk/return and it climbs this wall of worries, so things grind up high and slow. … Read More
Apoptosis – Build A Kill Criteria Into Your Investments
In their latest episode of the VALUE: After Hours Podcast, Brewster, Taylor, and Carlisle discuss Apoptosis – Build A Kill Criteria Into Your Investments. Here’s an excerpt from the episode: Jake: Have you guys heard of the term ‘apoptosis’ before? Tobias: All I know is that the mitochondria is the … 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
Tweedy Browne: This Is An Excellent Time To Be ‘Mining For Value’
In their latest 2022 semi-annual report, Tweedy Browne explain why this is an excellent time to be ‘mining for value’. Here’s an excerpt from the report: While the “zero bound” global economy of the last decadeplus favored passive investment over active investment, growth and technology stocks over value stocks, and … Read More
Cullen Roche: Investors Should Focus On The Portfolio They Need, Not The Portfolio They Want
During his recent interview on The Business Brew Podcast, Cullen Roche explained why investors should focus on the portfolio they need, and not on the portfolio they want. Here’s an excerpt from the interview: Roche: As I’ve gotten older I’ve become much more of like a behavioralist. I am increasingly … Read More