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
This Acquirers Multiple Stock Appearing In Icahn, Dalio, 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
Jake Taylor: Which Type Of Investor Are You?
In his latest shareholder letter, Jake Taylor asks the question in a quick quiz – Which Type Of Investor Are You? Here’s an excerpt from the letter: Would you rather be associated with Stock Chart A that went up more than 500% in 15 months? Or Stock Chart B that … Read More
Terry Smith: We Still Haven’t Reached The ‘Capitulation Phase’
In his recent interview with the Master Investors podcast, Terry Smith explained why we still haven’t reached the ‘capitulation phase’. Here’s an excerpt from the interview: Smith: I think there’s more to come, it’s just gut feel actually. As you said I’ve been doing this for quite a long time … Read More
Market Sentiment Indicates We’re Close To The Bottom
In their latest episode of the VALUE: After Hours Podcast, Travis, Taylor, and Carlisle discuss Market Sentiment Indicates We’re Close To The Bottom. Here’s an excerpt from the episode: Tobias: Sure. But then, does that make it more like the early 2000s, where there was really no credit crisis. it … 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
Tom Gayner: How We Think About Capital Allocation
In his recent Q2 2022 Earnings Call, Tom Gayner provided his insights on how he thinks about capital allocation. Here’s an excerpt from the call: Gayner: The pace and amount of share repurchasing we’re doing is more than we’ve ever done at Markel before. And I’ll talk — again as … Read More
Bill Nygren: Why This ‘Recession’ Is Different
In his recent interview on CNBC, Bill Nygren explained why this ‘recession’ is different. Here’s an excerpt from the interview: Nygren: We’ve had two quarters of down GDP. In the past that’s always been called a recession. What’s different this time is the employment outlook is so much stronger, especially … Read More
What’s Driving High ROE In Value Stocks?
In their latest episode of the VALUE: After Hours Podcast, Travis, Taylor, and Carlisle discuss What’s Driving High ROE In Value Stocks?. Here’s an excerpt from the episode: Tobias: Yeah. I don’t know the answer, either. My topic was that the Jeff Weiner whose Wisdom Tree has a great Twitter … 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
Tom Russo: Invest In Companies Where The Customer Doesn’t Believe There’s An Adequate Substitute
In his recent interview with WealthTrack, Tom Russo explains why he invests in companies where the customer doesn’t believe there is an adequate substitute. Here’s an excerpt from the interview: Russo: Our portfolio companies would tend to concentrate as you’ve indicated on global consumer companies and businesses that provide consumers … Read More
Jim Rogers: The One Place You Want To Be Investing In Periods Of High Inflation
In his recent interview with Bloomberg Live, Jim Rogers says there’s only one place where you want to be invested in periods of high inflation. Here’s an excerpt from the interview: Rogers: Michelle as I look around the world bonds are a bubble, bonds have never been this expensive in … Read More
Why Are 60/40 Portfolios Underperforming?
In their latest episode of the VALUE: After Hours Podcast, Travis, Taylor, and Carlisle discuss Why Are 60/40 Portfolios Underperforming?. Here’s an excerpt from the episode: Tim: Yeah. Sure. We’re about two weeks into earnings. And so, a lot of the financials have reported. I thought it’d be interesting to … Read More
David Einhorn: Invest In Companies That Are Buying Back Stock During Bear Markets
In his latest Q2 2022 Letter, David Einhorn discusses why investors should invest in companies that are buying back stock during bear markets. Here’s an excerpt from the letter: Einhorn: The market is still dominated by the types of investors who we described in our year-end 2020 letter: those that … Read More
Howard Marks: Investors Should Search For Bargains In The ‘Uninvestable’ Pile
In his recent interview with CNBC, Howard Marks explains why investors should search for bargains in the ‘uninvestable’ pile. Here’s an excerpt from the interview: Marks: I made my career based on things other people wouldn’t do. Today China is described as ‘uninvestable’. Forty five years ago, high-yield bonds were … Read More
Terry Smith – Top 10 Holdings – Latest 13F – New Buys ADBE, MTD, SABR, CGNX, WING
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
The Market’s Imperfect Discounting Mechanism
In their latest episode of the VALUE: After Hours Podcast, Travis, Taylor, and Carlisle discuss The Market’s Imperfect Discounting Mechanism. Here’s an excerpt from the episode: Jake: I think a similar thing happened in 2000s with retail, where there was some pretty reasonable big box retail companies that were earning … Read More
10 Big Named Companies Near 52 Week Lows @Ycharts
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: 1. Meta Platforms Inc (META): Current Price $167.18/52 Week Low … Read More
10 Big Named Companies With Huge Free Cash Flows @Ycharts
This week we take a look at some big named companies that generate huge ‘free’ cash flows compared to their market cap, using the price to free cash flow ratio (P/FCF). Price to free cash flow (P/FCF) is an valuation metric that compares a company’s per-share market price to its free cash flow (FCF). This … Read More
Is Meta Platforms Inc (META) A Great Value Stock? @Ycharts
Based on the improved performance metrics which we recently added to our stock screens, Meta Platforms Inc (META) could be a great value stock: Meta is the world’s largest online social network, with over 3.6 billion monthly active users. Users engage with each other in different ways, exchanging messages and sharing news … Read More
Stock In Focus – TAM Stock Screener – Pzena Investment Management Inc (PZN)
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: Pzena Investment Management Inc (PZN) Pzena Investment Management Inc is a … Read More