In their latest episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discuss Is Charles Munger The Greatest ‘Passive’ Investor Of All Time? Here’s an excerpt from the episode: Jake: Speaking of Charlie, has anybody figured out the price that would trigger a margin call for Baba. Tobias: … Read More
Jim Chanos: Investors Are Being Mislead By ‘Legal Fraud’
In his latest interview on LiveWire, Jim Chanos discusses the ‘legal fraud’ that is undertaken by companies to mislead investors. Here’s an excerpt from the interview: So I teach a course on the history of financial fraud at the two institutions over my shoulder. And one of the lessons… one … Read More
Terry Smith: Buffett’s Simple Rule Of Thumb For Buying
In his latest Fundsmith Annual Meeting 2022, Terry Smith discusses Buffett’s simple rule of thumb for buying. Here’s an excerpt from the meeting: There’s a rule of thumb, which is a sort of a Buffett and a number of others rule of thumb, which is if you can invest in … 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
This Is The Toughest Macro Environment Ever
In their latest episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discuss This Is The Toughest Macro Environment Ever. Here’s an excerpt from the episode: Bill: No, I’m trying to figure out and unpack– Look, I was always in camp transitory on the inflation side. I think … Read More
Ian Cassel: MicroCaps – The Small Investors Playground
In his recent interview on The Investors Podcast, Ian Cassel explains why microcaps are the small investors playground. Here’s an excerpt from the interview: So there’s this advantage to a small retail investor that’s astute, that knows how to read financial statements to find these really good companies that are … Read More
Michael Mauboussin: How Feedback Can Improve Your Investment Process
In his latest paper titled Feedback- Information as a Basis for Improvement, Michael Mauboussin explains how feedback can improve your investment process. Here’s an excerpt from the paper: Feedback is information that is applied to improve results. In this report, we focused on how feedback can improve the long-term outcomes … Read More
Jeremy Grantham Top 10 Holdings – Q4 2021, Buys TSM, LRCX, V, CONE, DAR
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 E011): AAII Bulls vs Bears vs Fear/Greed, Stagflation, The Surrender Experiment
In this episode of the VALUE: After Hours Podcast, Jake Taylor, Bill Brewster, and Tobias Carlisle chat about: This Is The Toughest Macro Environment Ever Charles Munger – Passive Billionaire Buffett’s Most Interesting Purchases The Importance Of Surrendering In Investing What Does Well During Stagflation? The Surrender Experiment AAII Bulls … Read More
Morgan Housel: “Don’t Do Anything” Are The Most Powerful Words In Finance
In his book The Psychology of Money, Morgan Housel explains why “Don’t Do Anything” are the most powerful works in finance. Here’s an excerpt from the book: If your sink breaks, you grab a wrench and fix it. If your arm breaks, you put it in a cast. What do … Read More
Stock In Focus – TAM Stock Screener – MarineMax Inc (NYSE: HZO)
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: MarineMax Inc (NYSE: HZO) MarineMax Inc is a United-States-based company that … Read More
This Week’s Best Value Investing News, Podcasts, Interviews (3/18/2022)
This week’s best investing news: A History: War, Oil Prices, Inflation & Trade (Jamie Catherwood) Crypto’s Confusing New Landscape (Verdad) The Roundup: Top Takeaways From Oaktree’s Quarterly Letters – 1Q2022 (OakTree) Buybacks On Course To Hit Another Record (Validea) In Case You’re Wrong (Humble Dollar) Are The Bond Vigilantes Back? (Felder Report) Stanley Druckenmiller, Part 1: … Read More
Being Inside A Nuclear Blast Radius
In their latest episode of the VALUE: After Hours Podcast, Taylor, Hoffstein, and Carlisle discuss Being Inside A Nuclear Blast Radius. Here’s an excerpt from the episode: Jake: Yeah, hopefully, this maybe ties in our conversation a little bit more. A little shoutout from somebody sent me this video on … Read More
Stanley Druckenmiller: Investing Across Multiple Asset Classes Means There’s Always An Opportunity Somewhere
In his recent interview with Talks at GS, Stanley Druckenmiller explains why investing across multiple asset classes means there’s always an opportunity somewhere. Here’s an excerpt from the interview: Druckenmiller: First of all the no down years is true but a lot of it is luck. I’ve been deep in … Read More
Cliff Asness: Look For ‘Moneyball’ Stocks
In his latest interview on the Family Investment and Impact Series, Cliff Asness explains how his early life made him focus on ‘Moneyball’ type stocks. Here’s an excerpt from the interview: I think intuitive. I think we did have those experiences, and this came later in life. I was not this … Read More
Here’s Why Bath & Body Works Inc (NYSE: BBWI) May Be A Value Stock (Improved Stock Screens)
Based on the improved performance metrics, which we recently added to our stock screens, the following company may be a value stock: Bath & Body Works Inc (NYSE: BBWI) Bath & Body Works is a specialty home fragrance and fragrant body care retailer operating under the Bath & Body Works, C.O. … Read More
This Acquirers Multiple Stock Appearing In Klarman, Simons, Berkowitz 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
Ragnarok v Fimbulwinter Markets
In their latest episode of the VALUE: After Hours Podcast, Taylor, Hoffstein, and Carlisle discuss Ragnarok v Fimbulwinter Markets. Here’s an excerpt from the episode: Corey: Yeah. I feel I’m about to pull a Jake Taylor drop some knowledge, maybe. I don’t have anything [crosstalk]. But the letter I wrote … Read More
Gavin Baker: Get Addicted To The 52-Week Low List
In a recent interview on the Invest Like The Best Podcast, Gavin Baker discusses why he’s addicted to the 52-Week Low List. Here’s an excerpt from the interview: Gavin: So it is very, very simple. And I’ve written about this. The best thinking about this comes from Buffett, and it … Read More
Phil Huber: Prepare For Long Winters In Investing
In his latest article titled – Sharpening the Allocator’s Edge: Managing the Client Experience of Owning Alternative Investments Through Effective Communication, Phil Huber discusses the long winters that investors need to prepare for in investing. Here’s an excerpt from the article: Time dilation is all too real in the realm of … Read More