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
James Montier: Value Stocks Are Like Free Inflation Insurance
A staggering 77% of Americans fear soaring inflation. James Montier has a more sanguine view of inflationary risks. In this session at the GMO Fall Conference, James explored some of the tall tales and true causes of inflation. He also explained what investors can do from a portfolio perspective if … Read More
Howard Marks: There’s A New World Order
In his latest memo titled – The Winds of Change, Howard Marks discusses the changing environment for investing and the new world order. Here’s an excerpt from the memo: As I’ve written before, the world I remember of 50, 60 and 70 years ago was a pretty static place. Things … Read More
What If The Fed Is Wrong
In their recent episode on the VALUE: After Hours Podcast, Taylor, Braziel, and Carlisle discuss What If The Fed Is Wrong. Here’s an excerpt from the episode: Jake: Then, we have that sort of as an observation. Then, I read Roger Lowenstein had a, I guess, you can call it … 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
Morgan Housel: Paying The Psychological Price For Higher Returns
In his book – The Psychology of Money, Morgan Housel provides a great illustration of paying the psychological price for higher returns. Here’s an excerpt from the book: Say you want a new car. It costs $30,000. You have a few options: 1) Pay $30,000 for it. 2) Buy a … Read More
Daniel Kahneman: How Often Should You Check Your Portfolio For Optimum Returns
In his book – Thinking Fast And Slow, Daniel Kahneman discusses how often you should check your portfolio for optimum returns. Here’s an excerpt from the book: The combination of loss aversion and narrow framing is a costly curse. Individual investors can avoid that curse, achieving the emotional benefits of … Read More
Bill Nygren: We’re Excited About The Prospects Of A Value Recovery
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