In his latest interview with CityWire, Bill Nygren discussed why he’s excited about the prospects of a value recovery. Here’s an excerpt from the interview: Nygren: I think the fact that the Oakmark fund has continued to perform well versus value indices shows that our consistent investment philosophy continues to … Read More
Everything Is Expensive!
In their recent episode on the VALUE: After Hours Podcast, Taylor, Braziel, and Carlisle discuss Everything Is Expensive! Here’s an excerpt from the episode: Tobias: This is JPMorgan Asset Management slide. It got the 10-year annualized returns for value growth, small to large, and there mid in there as well. … Read More
Dan Loeb: Investors, Like Athletes, Need To Review Their ‘Game Films’
In his latest interview with Prime Quadrant, Dan Loeb discusses one of the most important things we can do as investors. Here’s an excerpt from the interview: I think one of the most important things we can do as investors is understand our own and others thought processes, mental frameworks, … Read More
Terry Smith: We’re The Groucho Marx of Investment
In this Fundsmith presentation, Terry Smith explains his Groucho Marx style of investment. Here’s an excerpt from the presentation: Ok last point on this. We’re the Groucho Marx of investment. We don’t invest… Groucho Marx famously would never join any club that would not have him as a member. We … Read More
Michael Burry Top 10 Holdings – Latest 13F, Buys LMT, DNOW, SCYX
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 (S03 E44): Returns To Growth And Value, Inflation, $ETH, $BTC And Crypto
In this episode of the VALUE: After Hours Podcast, Jake Taylor, Thomas Braziel, and Tobias Carlisle chat about: Nothing Is Cheap! What If The Fed Is Wrong? Bitcoin As A Hedge Against Money Printing Learning From Complexity Getting Compensated For Eliminating Risk Investing Strategy – 1 Year At 40% Or … Read More
Stock In Focus – TAM Stock Screener – United States Steel Corporation (NYSE: X)
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: United States Steel Corporation (NYSE: X) United States Steel Corp … Read More
Bruce Greenwald: Great Investors Are Like Mutants Without Emotion
In his 2010 Forbes interview, Bruce Greenwald explains why great investors are like mutants without emotion. Here’s an excerpt from the interview: Greenwald: People in every country have always paid for lottery tickets. They’ve always been crappy investments and they’re paying for the hope and the dream. So you want … Read More
John Malone: Market In A Bubble Like The Late 90’s. This Is A Land Rush!
In his latest interview with CNBC, John Malone says the market is in a bubble like the late 90’s, this is a land rush! Here’s an excerpt from the interview: Every investor has a different time horizon, a different perspective. To me I’ve always been a long-term investor and so … Read More
This Week’s Best Value Investing News (11/19/2021)
This week’s best investing news: Is There Such a Thing as Good Taste? (Paul Graham) Understanding Systematic FX Strategies (Verdad) The Fasten Seat Belt Sign Just Lit Up (Felder) Prime Time in Crypto (Epsilon Theory) Clutter and the Clean Slate. (Neckar) 203: Twitter’s Bad Move, Invest like Buffett does M&A (Liberty) Steer Clear of U.S. Stocks & … Read More
There’s A Lot To Like About Elon Musk
In their recent episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discuss There’s A Lot To Like About Elon Musk. Here’s an excerpt from the episode: Tobias: Yeah, I like Musk as an entrepreneur. I don’t want to be misconstrued as, I think that he’s done a … Read More
This Acquirers Multiple Stock Appearing In Dalio, 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
Sir John Templeton: Buy On Bad News
In the book The Templeton Plan, Sir John Templeton discusses one of the stocks he bought when he famously bought 100 shares of each NYSE-listed company which was then selling for less than $1 a share (104 companies, 34 in bankruptcy, in 1939). Here’s an excerpt from the book: “I … Read More
David Herro: Catalysts For Value Investing In Today’s Markets
In his recent presentation at Natixis Investment Managers, David Herro discusses the catalysts for value investing in today’s markets. Here’s an excerpt from the presentation: We know not only that has value been lagging but international value has taken it on the chin. We’ve had some of these things in … Read More
Michael Mauboussin: What Distinguishes A Great Investor From A Good Investor
In his recent interview with RIAIntel, Michael Mauboussin discussed a number of topics including what distinguishes a great investor from a good investor. Here are some excerpts from the interview: What distinguishes a good from a great investor? This difference rarely has to do with the tools they’re using but … Read More
Japanese Activist – Yoshiaki Murakami
In their recent episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discuss Japanese Activist – Yoshiaki Murakami. Here’s an excerpt from the episode: Jake: So, this brings us to our story of this Japanese investor who I had never heard of, and maybe you guys haven’t either, … 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
Adam Smith: Beware The Black Horsemen During Bull Markets
In his book Supermoney, Adam Smith provides a great illustration of investing psychology during bull markets. Here’s an excerpt from the book: A mass-circulation magazine asked me to explain to its readers what was going on. I had this Fellini scene: We are all at a wonderful ball where the … Read More
Terry Smith: Investors Miss The Most Important Thing By Focusing On Whether A Company Is Cheap Or Expensive
In his recent presentation with Canaccord Genuity Wealth Management, Terry Smith discusses why investors miss the most important thing by focusing on whether a company is cheap or expensive. Here’s an excerpt from the presentation: In his recent presentation with Canaccord Genuity Wealth Management, Terry Smith discusses why investors miss … Read More
David Gardner’s Investing Strategy
In their recent episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discuss David Gardner’s Investing Strategy. Here’s an excerpt from the episode: Bill: No, look, I don’t know. I mean, so, different presentation that I was in today. The guy says, “Value investors are like accountants. They … Read More