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
Why Cannabis is Overtaking Alcohol: A 20-Year Transformation in America
During their recent episode, Taylor, Carlisle, and Asif Suria discussed Why Cannabis is Overtaking Alcohol: A 20-Year Transformation in America. Here’s an excerpt from the episode: Tobias: So, Aaron, the opportunity sounds pretty good. We’ve had this boom and bust that scared everybody away. There’s obvious problems to be resolved. … Read More
Warren Buffett: The Irrationality of Stop-Loss Orders in Investing
During the 1994 Berkshire Hathaway Annual Meeting, Warren Buffett recounts a conversation with NYSE specialist Jimmy Maguire about stop-loss orders on Berkshire Hathaway stock. He expresses confusion over why some investors would set a stop-loss order to sell at $15,500 when they wouldn’t sell at $16,000, highlighting the irrationality of … Read More
Dan Loeb: Finding Value in Overlooked Physical World Investments Amid Tech Disruption
In his latest Q2 2024 Letter, Dan Loeb emphasizes the importance of balancing investments between the digital and physical worlds. While digital investments in areas like hyperscalers, AI platforms, and semiconductors remain crucial, Loeb highlights the appeal of physical world investments, particularly in companies with strong competitive moats, unique products, … Read More
The One Stock That Superinvestors Are Dumping: Is It Time to Sell?
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
U.S Cannabis Stocks Actually Trade In Canada
During their recent episode, Taylor, Carlisle, and Asif Suria discussed U.S Cannabis Stocks Actually Trade In Canada. Here’s an excerpt from the episode: Aaron: Anyway, so, that’s part of what gets me very bullish. But then there’s this weird thing, Tobias, that you need to understand is, because Canada federally … Read More
Warren Buffett: Why I Transitioned From Cigar Butts to Quality Companies
In his 1989 Berkshire Hathaway Annual Letter, Warren Buffett critiques the “cigar butt” investment approach, where buying a struggling company at a bargain price might yield short-term profit but ultimately disappoints due to mediocre long-term performance. He warns that initial advantages can be eroded by ongoing business issues and low … Read More
Howard Marks: It Only Takes A Few Emotional Investors To Move Markets
In his latest memo titled – Mr. Market Miscalculates, Howard Marks discusses how the market is driven by emotional, volatile investors who buy high during good news and sell low during bad news, causing prices to fluctuate significantly. However, only a small number of participants can create these dramatic price … Read More
The Undervalued Stock That Superinvestors Are Loading Up On
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
Cannabis: From a Schedule 1 Drug to Reducing Alcoholism and Workplace Injuries
During their recent episode, Taylor, Carlisle, and Asif Suria discussed Cannabis: From a Schedule 1 Drug to Reducing Alcoholism and Workplace Injuries, here’s an excerpt from the episode: Tobias: So, talk to us a little bit about the cannabis industry, because when the legalization happened, around 2020, 2019, something like … Read More
GMO: Deep Value Stocks Poised for Strong Returns Amid High Market Valuations
In their recent article titled – DEEP VALUE A Rose by Any Other Name Would Smell as Sweet, GMO explain why deep value stocks present compelling opportunities as they are trading extremely cheaply compared to broad markets and their historical averages. Outside the U.S., deep value is at the 2nd … Read More
David Einhorn: Here’s Why the U.S. Presidential Election Won’t Impact the Markets
In his lastest Q2 2024 Letter, David Einhorn discussed the U.S. political situation and upcoming presidential election, noting that from a market perspective, it doesn’t matter who wins, as both parties favor large deficits despite a strong economy. This supports his expectations of higher secular inflation. He also criticizes both parties, … Read More
Joel Greenblatt – Top 10 Holdings – Latest 13F
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 (S06 E29): Mindset Value’s Aaron Edelheit on value investing in cannabis and hemp
In their latest episode of the VALUE: After Hours Podcast, Tobias Carlisle, Jake Taylor, and Aaron Edelheit discuss: Cannabis: From a Schedule 1 Drug to Reducing Alcoholism and Workplace Injuries Why Canadian Cannabis Stocks are the Real Play for U.S. Investors The Political and Economic Implications of Cannabis Rescheduling Georgism … Read More
Tesla Inc (TSLA) DCF Valuation: Is The Stock Undervalued?
As part of a new series, each week we typically conduct a DCF on one of the companies in our screens. This week we thought we’d take a look at one of the stocks that is not currently in our screens, Tesla Inc (TSLA). Profile Tesla is a vertically integrated … Read More
This Week’s Best Value Investing News, Podcasts, Interviews (08/23/2024)
This week’s best investing news: David Einhorn – Greenlight Capital Q2 2024 Letter (Greenlight) Activism at Scale in Japan (Verdad) Oakmark – International equities: Avoiding value traps (Oakmark) Guy Spier Track Record | Investing Risk | VALUEx (TIP) Five Fundamentally Sound Dividend Aristocrats (Validea) Howard Marks Memo – Mr. Market Miscalculates … Read More
Colgate-Palmolive Co (CL): Is It a Buy? – Acquirer’s Multiple Stock Screener Analysis
As part of our ongoing series here at The Acquirer’s Multiple, each week we focus on one of the stocks from our Stock Screeners, and why it’s a ‘buy’ based on key fundamentals. One of the cheapest stocks in our Stock Screeners is: Colgate-Palmolive Co (CL) Since its founding in 1806, Colgate-Palmolive has grown … Read More
Lessons from Shinsei: Duration Over Short-Term Returns
During their recent episode, Taylor, Carlisle, and Asif Suria discussed Lessons from Shinsei: Duration Over Short-Term Returns, here’s an excerpt from the episode: Tobias: Good one. JT, top of the hour. Give the people what they want. Vegetable time. Jake: Well, I’m not sure about– Tobias: Give the people what … Read More
Aswath Damodaran: Corporate Life Cycles: How Companies Age Like Humans
In his recent interview with At The Money, Aswath Damodaran compares the aging process of people to that of companies, noting both benefits and limitations. Aging brings financial security and fewer responsibilities, but also physical constraints. Similarly, businesses evolve through stages like human beings—from needy startups to reckless “corporate teenagers” … Read More
Warren Buffett: The Best Investment Strategy When Opportunities Are Scarce
In his 2003 Berkshire Hathaway Annual Letter, Warren Buffett discusses his concerns about the U.S. economy and Berkshire Hathaway’s strategy to hedge its significant cash-equivalents position with foreign-exchange contracts. These contracts are subject to accounting rules that require any changes in value to be recorded quarterly, even if they haven’t … Read More