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
Central Bank Still Pretending There’s No Inflation
In their latest episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discuss Central Bank Still Pretending There’s No Inflation. Here’s an excerpt from the episode: Tobias: But I think that the central banks default setting is lower interest rates and lots of money supply. The only reason … Read More
Jim Chanos: Short Sellers Are The Financial Detectives Of Financial Markets
In his latest interview with Really American, Jim Chanos says short sellers are the financial detectives of financial markets. Here’s an excerpt from the interview: There’s one more important point as it relates to short selling in the financial markets. I do think is really important and this is the … Read More
Joel Greenblatt: Investing Is About Living To Play Another Day
In his recent interview on the Richer, Wiser, Happier Podcast, Joel Greenblatt explains why investing is about living to play another day. Here’s an excerpt from the interview: Yeah. I have five kids, a couple of which I’ve taught investing or tried to teach investing too. I was trying to … Read More
Stanley Druckenmiller Top 10 Holdings – Q4 2021, Buys CPNG, CVX, CVNA, MSFT, SNAP
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
VALUE: After Hours (S04 E013): Graham’s Take on Book Value, 10-2 Treasury Inversion, and Infinity
In this episode of the VALUE: After Hours Podcast, Jake Taylor, Bill Brewster, and Tobias Carlisle chat about: Graham’s Take on Book Value 10-2 Treasury Inversion Beyond Infinity Central Bank Pretending There’s No Inflation Maybe We Should All Just Invest In SPY How To Get Optionality In The Market Tesla … Read More
Stock In Focus – TAM Stock Screener – Perdoceo Education Corp (NASDAQ: PRDO)
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: Perdoceo Education Corp (NASDAQ: PRDO) Perdoceo Education Corp is an American … Read More
Francis Chou: Ignore The Narratives
In his latest 2021 Annual Report, Francis Chou warns investors to ignore the narratives. Here’s an excerpt from the letter: When the stock is that cheap, assuming that you don’t own any shares, a rational investor should back up the truck and buy every share that is offered in the … Read More
This Week’s Best Value Investing News, Podcasts, Interviews (4/1/2022)
This week’s best investing news: Drivers of Deep Value: International Evidence (Verdad) Charlie Munger Steps Back as Daily Journal Chairman and Donates His Stock (Yahoo) Historical Context: War Economics, Fed Policy & Inflation (Jamie Catherwood) Pershing Square Annual Report 2021 (PS) Matters of Maturity (Humble Dollar) What Teenagers Really Learn From Stock-Market Games … Read More
50% Moves In Chinese Stocks
In their latest episode of the VALUE: After Hours Podcast, Scanlon, Brewster, and Carlisle discuss 50% Moves In Chinese Stocks. Here’s an excerpt from the episode: Tobias: Speaking of things that are ripped, Alibaba, back from the dead. Charlie Munger, this year, greatest investor ever. Bill: Yeah. Smartest man alive. … Read More
Rob Vinall: Don’t Be In A Hurry To Sell Winners When They Become Overvalued
In his recent Q&A session, Rob Vinall of RV Capital discusses his sell strategy and mistakes he’s made in selling winners when they become overvalued. Here’s an excerpt from the session: Vinall: So the question is on sort of when to sell. I really think the best sell decisions I’ve … Read More
Bill Ackman: Pershing Square 3.0 – A ‘Quieter’ Approach To Investing
In his latest 2021 Annual Letter, Bill Ackman discusses his ‘quieter’ approach to investing – Pershing Square 3.0. Here’s an excerpt from the letter: When we consider our history of corporate engagement, we have previously described two Pershing Square eras: (1) the initial period from our inception as Pershing Square … Read More
Xiang Guangda’s Wrong-Way Bet on Nickel Futures Broke The Exchange
In their latest episode of the VALUE: After Hours Podcast, Scanlon, Brewster, and Carlisle discuss Xiang Guangda’s Wrong-Way Bet on Nickel Futures Broke The Exchange. Here’s an excerpt from the episode: Tobias: Let’s talk about nickel. What’s been happening in the nickel market? Kyla: Yeah, that’s been pretty wild. It’s … Read More
Matt Sweeney: Using “Good Co / Bad Co” To Find Great Investments
In his recent interview with Sunday’s Idea Brunch, Matt Sweeney of Laughing Water Capital explained how investors can find great investments using a “good co / bad co” strategy to analyse companies. Here’s an excerpt from the interview: Sweeney: LWC [Laughing Water Capital] is diversified across what I call the … Read More
Joel Greenblatt: How To Think About Concentration In Portfolios
In his latest interview on the Richer, Wiser, Happier Podcast, Joel Greenblatt explains how to think about concentration in portfolios. Here’s an excerpt from the interview: I don’t consider six to eight names of making up 80% of your portfolio, particularly concentrated. One name for your whole portfolio, that’s pretty … 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
Surging Wheat Prices & Fertilizer Shortages
In their latest episode of the VALUE: After Hours Podcast, Scanlon, Brewster, and Carlisle discuss Surging Wheat Prices & Fertilizer Shortages. Here’s an excerpt from the episode: Tobias: One of the people that I worked for was the Grain Board. Let’s talk about wheat. Bill: All right. Tobias: What’s going … Read More
John Huber: The Simplest Way To Maximize Investment Performance
In his latest article titled – Sources of Enduring Business Success, John Huber discusses the simplest way to maximize investment performance. Here’s an excerpt from the article: Last summer, investors sold Amazon after its Q2 earnings report because the next few quarters would face tough comps from the gangbuster 2020; but … Read More
John Hussman: What Is The Right Discount Rate?
In his latest article titled – Quit While You’re Ahead, John Hussman discusses what is the right discount rate. Here’s an excerpt from the article: One of the most overlooked and misunderstood aspects of investing is this: the rate of return that you use to discount future cash flows to … 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