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 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 $ CVS CVS … 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) META Meta Platforms Inc -52.86% TSLA Tesla Inc … Read More
Stock In Focus – TAM Stock Screener – Ternium SA (TX)
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: Ternium SA (TX) Ternium SA is a flat steel producer operating … Read More
This Week’s Best Value Investing News, Podcasts, Interviews (1/27/2023)
This week’s best investing news: Jeremy Grantham – After A Timeout, Back To The Meat Grinder! (GMO) Ray Dalio – The Farce and Consequences of the Debt Limit and the Debt (Dalio) Dot-Com Redux (Verdad) How to Get New Ideas (Paul Graham) Taking Stock – In conversation with Howard Marks … Read More
Big Decade For Commodities Ahead
In their latest episode of the VALUE: After Hours Podcast, Brewster, Taylor, and Carlisle discuss Big Decade For Commodities Ahead. Here’s an excerpt from the episode: Tobias: If you look back the historical– So, late 1990s was tech and then first decade of the 2000s was value, which was probably … Read More
This Acquirers Multiple Stock Appearing In Dalio, Simons, Watsa 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
Aswath Damodaran: The Biggest Mistake Investors Make
During his recent interview at the SKAGEN Funds New Years Conference 2023, Aswath Damodaran discussed the biggest mistake that investors make. Here’s an excerpt from the interview: I think most investors are traders, not traitors, but traders. In other words the essence of trading is you buy low, you sell … Read More
Terry Smith: ‘When The Police Raid The Bawdy House Even The Nice Girls Get Arrested’
In his recent 2022 Annual Letter, Terry Smith explained how sometimes good companies, with solid fundamentals, get taken down in a meltdown, together with their underperforming counterparts. Here’s an excerpt from the letter: Our highly valued and technology holdings did not fare as poorly as some of the companies which … Read More
The Inner Game – Managing Your Negative Mindset
In their latest episode of the VALUE: After Hours Podcast, Brewster, Taylor, and Carlisle discuss The Inner Game – Managing Your Negative Mindset. Here’s an excerpt from the episode: Jake: Okay. Let’s change gears now and talk about the Inner Game of Tennis. This is W Timothy Gallwey’s book. And … 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
Jeremy Grantham: The Market Could Fall A Stomach-Turning 50% From Here
In his latest viewpoint titled – After A Timeout, Back To The Meat Grinder, Jeremy Grantham says the market could fall a stomach-turning 50% from here. Here’s an excerpt from the viewpoint: My calculations of trendline value of the S&P 500, adjusted upwards for trendline growth and for expected inflation, … Read More
Tom Gayner: What Makes Warren Buffett Great
In this interview with The World According To Boyar Podcast, Tom Gayner discusses what makes Warren Buffett great, having spent time with him as a board member of The Washington Post. Here’s an excerpt from the interview: Gayner: I’ve been very fortunate in that I started going to Omaha back … Read More
Biggest Surprises Of 2022
In their latest episode of the VALUE: After Hours Podcast, Brewster, Taylor, and Carlisle discuss Biggest Surprises Of 2022. Here’s an excerpt from the episode: Tobias: Let’s change directions a little bit. Good one from Samson. “What surprised you the most in 2022??” I think that’s a good one. We … 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
John Hussman: S&P Could Drop By 66% Of January 2022 Peak
In his recent market commentary titled – Pushing Your Luck, John Hussman explains why the S&P500 could drop by two thirds of its January 2022 peak. Here’s an excerpt from the commentary: Unfortunately, the rewarding gap between underlying risk and inevitable outcomes can encourage people to persist in reckless behavior. … Read More
Warren Buffett: How To Make Money From ‘Work-Out’ Investments (1957)
In his 1957 Partnership Letter, Warren Buffett explained how he made money from ‘work-out’ investments. Here’s an excerpt from the letter: The market decline has created greater opportunity among undervalued situations so that, generally, our portfolio is heavier in undervalued situations relative to work-outs than it was last year. Perhaps … Read More
60% Forward Returns For Value
In their latest episode of the VALUE: After Hours Podcast, Brewster, Taylor, and Carlisle discuss 60% Forward Returns For Value. Here’s an excerpt from the episode: Tobias: I just went through it. There’s a few sites to look at. AQR, Cliff had a post dated 31 December. They have market … Read More
Joel Greenblatt – 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
Joel Greenblatt: Concentrated & Diversified Portfolios Both Work Well
In this interview with the RWH Podcast, Joel Greenblatt explains why he runs concentrated and diversified portfolios. Here’s an excerpt from the interview: Greenblatt: Most of my money is invested in diversified portfolios, more similar to the way the Magic Formula works. That’s because that’s a full-time job. We run … Read More
Howard Marks: The Right Way To Think About Stocks
During this interview with BNN Bloomberg, Howard Marks discussed the right way to think about stocks. Here’s am excerpt from the interview: Marks: Well it doesn’t matter when the escalator is on the way up but when it stops going up, or when it goes down, and you have to … Read More