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
Warren Buffett: You Only Need One Opportunity Each Year
During this interview at the 25th Anniversary of The Economic Club of Washington, D.C, Warren Buffett reflects on his early investment in Berkshire Hathaway, describing it as a poor decision based on buying undervalued but mediocre companies, which he likened to “cigar butts” with one puff left. He explains that … Read More
Howard Marks: In Investing It’s Really Easy To Be ‘Average’
In this fireside chat with the HKUST Business School, Howard Marks discussed the cyclical nature of markets, emphasizing that cycles are driven by excesses in psychology and behavior. He explained that an excess of positive psychology leads to unsustainable behavior above the trend line, which eventually corrects back, often overshooting … Read More
10 Worst Performing Large-Caps Last 12 Months
Over the past twelve months ten Large-Cap stocks have underperformed all others. Here’s this week’s top 10 worst performing Large-Caps in the last twelve months: Name 1 Year Price Returns (Daily) Walgreens Boots Alliance (WBA) -61.28% Intel (INTC) -58.70% Moderna (MRNA) -58.37% Celanese (CE) -54.04% Enphase Energy (ENPH) -47.44% Dollar … Read More
Which Superinvestors Hold Acquirer’s Multiple Stocks?
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, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and … Read More
One Stock Superinvestors Are Dumping: Is It Time to Sell?
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, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray … Read More
Warren Buffett: Why Market Drops Are Good for Investors
In his 1997 Berskshire Hathaway Chairman’s Letter, Warren Buffett highlights the advantages of stock repurchase programs, particularly when prices are low, as they increase ownership stakes more effectively. He notes that Berkshire Hathaway benefits significantly from long-term shareholders, with 97% retaining their shares year-over-year. Market declines, contrary to popular belief, … Read More
Stanley Druckenmiller: Great Investors Win with Concentrated Bets
In this speech to the Lost Tree Club, Stanley Druckenmiller discusses the value of making concentrated investments, following the approach of great investors like Warren Buffett and Carl Icahn. He explains that successful investors identify rare, highly exciting opportunities—perhaps only one or two per year—and focus heavily on them. By … Read More
The Undervalued Stock That Superinvestors Are Loading Up On
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, Prem Watsa, Jeremy Grantham, Seth Klarman, … Read More
Warren Buffett: There Is No Place For Emotion In Investing
During the 2023 Berkshire Hathaway Annual Meeting, Warren Buffett discussed the importance of removing emotions from investment and business decisions. He and Charlie Munger pride themselves on maintaining objectivity, highlighting that emotional decision-making has no place in successful investing. While Buffett acknowledges that occasional emotional biases may arise, such as … Read More
Li Lu: Enormous Opportunities For Value Investing in a Globalized Future
During his recent keynote speech at the Columbia University Global Center (Beijing), Li Lu reflected on the evolution of value investing, emphasizing its roots in Graham’s principles during tumultuous times, including the Great Depression and World War II. Graham’s key ideas were: stocks represent ownership, the market serves investors, and … Read More
Michael Burry – 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
Warren Buffett: Stop Listening To Your Neighbor’s Stock-Tips
In this interview with Fortune Magazine, Warren Buffett advises against speculative investing and emphasizes the importance of understanding the assets you buy. He suggests evaluating investments like a farm, apartment, or company based on their productive potential and expected returns. For a farm, calculate expected crop yields and their value; … Read More
Microsoft Corp (MSFT) DCF Valuation: Is The Stock Undervalued?
As part of a new series, each week we typically conduct a DCF on one of the companies in our screens. This week we thought we’d take a look at one of the stocks that is not currently in our screens, Microsoft Corp (MSFT). Profile Microsoft develops and licenses consumer … Read More
Weekly Investing Roundup – News, Podcasts, Interviews (12/27/2024)
This week’s best investing news: The Future of the Free World with Jamie Dimon (Economic Club NY) An Interview w/ Ariel Investments Founder John Rogers (Odd Lots) Steve Cohen on How to Build Your Investing Career: Part Two (Point72) A Conversation with Francois Rochon (Capital Compounders) GMO Quarterly Letter | … Read More
Stellantis NV (STLA): Is This Deeply Undervalued Stock a Hidden Gem?
As part of our ongoing series here at The Acquirer’s Multiple, each week we focus on one of the stocks from our Stock Screeners, and why it’s possibly a deeply undervalued gem. The Stock this week is: Stellantis NV (STLA) Stellantis was created out of the merger of US-based Fiat Chrysler Automobiles, … Read More
The Future of AI Assistants: Automation, Agency Bots, and Finance Implications
During their recent episode, Taylor, Carlisle, and Jason Buck discussed The Future of AI Assistants: Automation, Agency Bots, and Finance Implications. Here’s an excerpt from the episode: Tobias: I don’t think that the AI is quite there yet, but I think it’s getting pretty close. I don’t think anybody’s really … Read More
10 Worst Performing Large-Caps Last 12 Months
Over the past twelve months ten Large-Cap stocks have underperformed all others. Here’s this week’s top 10 worst performing Large-Caps in the last twelve months: Name 1 Year Price Returns (Daily) Walgreens Boots Alliance (WBA) -62.17% Moderna (MRNA) -58.22% Intel (INTC) -57.74% Celanese (CE) -55.32% Estee Lauder Companies (EL) -46.77% … Read More
From FANG to BAATMANN: Mag8
During their recent episode, Taylor, Carlisle, and Jason Buck discussed From FANG to BAATMANN: Mag8. Here’s an excerpt from the episode: Tobias: There’s a new addition to faanmag, faatman. I don’t know what we’re going with. It’s now Baatmman. Jason: Batman’s the newest? Tobias: Broadcom has now crossed a trillion … Read More
Which Superinvestors Hold Acquirer’s Multiple Stocks?
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, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and … Read More
The One Stock That Superinvestors Are Dumping: Is It Time to Sell?
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, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray … Read More