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
Stock In Focus – TAM Stock Screener – United Therapeutics Corporation (NASDAQ: UTHR)
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 United Therapeutics Corporation (NASDAQ: UTHR). United Therapeutics specializes in drug development … Read More
This Week’s Best Investing Articles, Research, Podcasts 8/14/2020
Here’s a list of this week’s best investing reads: Speculation & Innovation (Jamie Catherwood) Expiring vs. Permanent Skills (Collaborative Fund) Duration as Leverage (Verdad) The Most Counterintuitive Recession Ever (A Wealth of Common Sense) This Is What ‘Fiscal Dominance’ Looks Like (Felder Report) Beloved Country. Unloved Hedge (Vitaliy Katsenelson) Bye Bye, New York (The Irrelevant Investor) … Read More
Jim O’Shaughnessy: Build Portfolios That Deliver Alpha Without A Wild Ride
In his recent interview on the Real Returns podcast Jim O’Shaughnessy explained why investors need to build portfolios that deliver alpha without a wild ride saying: What we really have to find are strategies that do better than the market over long periods of time but that investors can actually … 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’s $800 Million Bet On $BAC
During their recent episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discussed Warren Buffett’s $800 Million Bet On $BAC. Here’s an excerpt from the episode: Tobias: This is slightly off-topic, but every time I say that, Buffett’s got– Bill’s article came out with Buffett’s got the best– … Read More
Acquirer’s Multiple Stock $INTC Appearing In Greenblatt, Fisher, Asness 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
Paul Singer: How To Invest During Turbulent Times
Here’s an excerpt from Elliott Management’s 2013 Shareholder Letter in which Paul Singer provided some great advice on investing during turbulent times saying: We should all be humble enough to realize that once every 20 or 30 or 40 years, values go to real extremes. Any investment program must take … Read More
195 Years of Value
During their recent episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discussed 195 Years of Value. Here’s an excerpt from the episode: Tobias: For me, it’s helpful to go back and look at those. I like running through backtests and I go through them in pretty granular … Read More
One Stock Superinvestors Are Buying
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
Nassim Taleb: Make Lemonade Out Of Lemons During Periods Of Uncertainty
In a recent interview with RT, Nassim Taleb discussed how we can navigate through the uncertainty into a post-pandemic future. During the interview Taleb provided some great insights into how a number of entrepreneurs are making lemonade out of lemons during this period of uncertainty saying: NT: Let me tell you … Read More
Stoicism for Value Investors
During their recent episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discussed Stoicism for Value Investors. Here’s an excerpt from the episode: Jake: I am doing, how to invest like a stoic. What’s amazing about it is that, like you said, these guys were mostly from 2000 … Read More
Ken Fisher’s Top 10 Holdings (Q2 2020) – Plus Top Buys & Sells
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
Joel Greenblatt: Out-Of-Favor Stocks Will Make A Comeback
In his recent interview with Consuelo Mack at WealthTrack Joel Greenblatt believes out of favor stocks will make a comeback saying: Value has taken it on the chin over the last pile of years. It’s very interesting. I was looking back at the returns from Gotham Capital when I was … Read More
VALUE: After Hours (S02 E31): Stoicism for Value Investors, 195 Years of Value, and Fade $SBUX
In this episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle chat about: Stoicism for Value Investors 195 Years of Value Fade $SBUX Bill Brewster’s Business Insider Article On Warren Buffett’s $800 Million Bet On $BAC Kodak Shares Rise More Than 1,000% On Covid Drug Loan Deal Is … Read More
Tweedy Browne: Value Has Rarely, If Ever, Been Cheaper Compared To Growth
In their latest Q2 2020 market commentary value firm Tweedy Browne discussed the rebound in U.S equities from early March, and that value stocks have rarely, if ever, been cheaper compared to growth. Here’s an excerpt from the commentary: If you were Rip Van Winkle, just waking up from a … Read More
Stock In Focus – TAM Stock Screener – Korn Ferry (NYSE: KFY)
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 Korn Ferry (NYSE: KFY). Korn Ferry is a United States-based … Read More
This Week’s Best Investing Articles, Research, Podcasts 8/7/2020
Here’s a list of this week’s best investing reads: What Always Changes (Collaborative Fund) Big Tech, Anti-Trust & Kodak (Jamie Catherwood) The Keyser Söze of investing – Nicholas Sleep (FT) Discounting, Death, and the Demand for Growth Stocks (Verdad) Why Housing Could Be One of the Best-Performing Asset Classes of the 2020s (A Wealth … Read More
One Stock Superinvestors Are Buying
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
Aswath Damodaran: The 10 Key Perspectives Of Valuation
In his recent four day masterclass at Coronation Capital, Aswath Damodaran discussed corporate finance and business valuation including his ten key perspectives of valuation. Here’s the list: Valuation is not a science or art, but a craft Valuing an asset is not the same as pricing an asset A good … Read More
Howard Marks: Munger Wisdom – “It’s Not Supposed To Be Easy. Anyone Who Finds It Easy Is Stupid.”
Howard Marks recently released his latest memo titled – Time For Thinking – in which he discussed: The Current Health Crisis Failure To Fix It Not A Cycle What Shape Are We In The Markets And The Fed The Bull Case He also provided investors with some closing thoughts on … Read More