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: Himax Technologies, Inc. (NASDAQ: HIMX) Himax Technologies Inc is a semiconductor … Read More
Bill Ackman: Act Quickly When You Discover New Information About Your Original Thesis
In his latest Pershing Square shareholder letter, Bill Ackman explains why you should act quickly when you discover new information about your original investment thesis. Here’s an excerpt from the letter: We require a high degree of predictability in the businesses in which we invest due to the highly concentrated … Read More
This Week’s Best Value Investing News, Podcasts, Interviews (4/22/2022)
This week’s best investing news: Robber Barons, Hostile Takeovers & Insider Trading (Jamie Catherwood) Confidence (Verdad) Aswath Damodaran – The Problem With Old Time Value Investors (Elearnmarkets) Principles For Dealing With The CHANGING WORLD ORDER! (How To Prepare) (Lewis Howes) David Einhorn – Greenlight Capital Q1 2022 Letter (Greenlight) Let Others Despair … Read More
Positing The Next 10 Years In Markets
In their recent episode of the VALUE: After Hours Podcast, Jake Taylor and Tobias Carlisle discuss Positing The Next 10 Years In Markets. Here’s an excerpt from the episode: Tobias: It seems to be that we’re in the reverse of that 1980-type market rate, where interest rates are low and … Read More
Jeffrey Gundlach: Investors Should Move To A ‘Radical’ 25/25/25/25 Portfolio
In his recent interview with CNBC’s “Squawk on the Street”, Jeffrey Gundlach recommends investors move to a radical 25/25/25/25 portfolio. Here’s an excerpt from the interview: Gundlach: I’ve been advising against 60/40 portfolios pretty consistently the past two years. Basically I think we’re in a world where the risks of … Read More
Pzena: Fundamentals Support The Case For An Enduring Value Cycle
In their latest Q1 2022 Market Commentary, Pzena Investment Management explain why fundamentals support the case for an enduring value cycle. Here’s an excerpt from the commentary: We commonly hear two questions at opposite ends of the value cycle: “Is value dead?” and “Is the value cycle over?” The psychology … Read More
Is Micron Technology, Inc. (NASDAQ: MU) A Great Value Stock?
Based on the improved performance metrics, which we recently added to our stock screens, Micron Technology, Inc. (NASDAQ: MU) may be a great value stock: Micron historically focused on designing and manufacturing DRAM for PCs. The firm then expanded into the NAND flash memory market. It increased its DRAM scale with … Read More
This Acquirers Multiple Stock Appearing In Buffett, Grantham, Greenblatt 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
How Warren Buffett Negotiates A Deal
In their recent episode of the VALUE: After Hours Podcast, Jake Taylor and Tobias Carlisle discuss How Warren Buffett Negotiates A Deal. Here’s an excerpt from the episode: Tobias: All right. This is, let me just pull it up, a $12 billion deal and Buffett did it in about two … Read More
John Rogers: Long-Neglected Value Stocks Poised To Outperform Growth
In his latest Q1 2022 Letter, John Rogers says long-neglected value stocks are poised to outperform growth. Here’s an excerpt from the letter: Geopolitical instability, surging inflation, tighter monetary policy, a sharp run up in commodity prices as well as supply chain constraints present risks on a go forward basis. … Read More
Laughing Water Capital: 7 Strategies Investors Can Use To Survive Periods Of Uncertainty
In his latest Laughing Water Capital, April 2022 Letter, Matthew Sweeney provides seven strategies investors can use to survive periods of uncertainty. Here’s an excerpt from the letter: I think it is best to assume that these scary headlines will be with us for some time, and I also think … 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
National Cash Register – A Century Of Innovation
In their recent episode of the VALUE: After Hours Podcast, Jake Taylor and Tobias Carlisle discuss National Cash Register – A Century Of Innovation. Here’s an excerpt from the episode: Jake: Okay this is National Cash Register, fascinating history of this company. This came from my friend, Adam Mead, who … 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
Warren Buffett: I’ve Gotten Dumber But I’ve Gotten Wiser
In his recent interview with Charlie Rose, Warren Buffett explains why he’s gotten dumber but wiser. Here’s an excerpt from the interview: Buffett: I’ve gotten dumber but I’ve gotten wiser. Host: That’s a nice phrase but what does it mean? Buffett: It means that I can’t add a group of … Read More
Jason Zweig: Investing Lessons From Daniel Kahneman
In his recent interview with William Green on The Investor’s Podcast, Jason Zweig recalled one of the most important lessons he learned from Daniel Kahneman and that is looking at everything we do with a clean slate. This should include our investing strategy and portfolio. Here’s an excerpt from the … Read More
Charlie Munger Halves Stake In $BABA
In their recent episode of the VALUE: After Hours Podcast, Jake Taylor and Tobias Carlisle discuss Charlie Munger Halves Stake In $BABA. Here’s an excerpt from the episode: Tobias: Alibaba and Charlie Munger, his ongoing love affair with that stock or– What he’s done is, he’s doubled down twice as … Read More
Aswath Damodaran: The Problem With ‘Old Time’ Value Investors
In his latest interview with Elearnmarkets, Aswath Damodaran discusses the problem with ‘old time’ value investors. Here’s an excerpt from the interview: Damodaran: First, let me first push back. You said you’re an old-time value investor right? How many old-time value investors actually value companies? Maybe one in a hundred. … Read More
Ray Dalio: Competing In Markets Is More Difficult Than Competing In The Olympics
In his recent interview with Lewis Howes, Ray Dalio explains why competing in markets is more difficult than competing in the Olympics. Here’s an excerpt from the interview: Dalio: The most common mistake of investing is that the investment that did good is a good investment. People… rather more expensive. … Read More
Charles Munger Top 10 Holdings – Q1 2022, Sells BABA
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