His his recent Felix Zulauf Webinar with Barry Ritholz, Joel Greenblatt was asked about hedge funds hiring untested bulls who haven’t seen downturns. Here’s an excerpt from the webinar: There really is no advantage to hiring untested bulls I would say except in this environment over the short term it’s … Read More
This Acquirers Multiple Stock Is Appearing In Soros, Dalio, Tepper 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
VALUE: After Hours (S03 E32): Hail Mary Investing, Social Thermo-Dynamic Equilibrium, Supply Chains
In this episode of the VALUE: After Hours Podcast, Jake Taylor, Bill Brewster, and Tobias Carlisle chat about: The Hail Mary Portfolio Average Up & Bet Hard You’re The Average Of The Five People You Spend The Most Time With Michael Burry Long Shipping, Short $ARK Buy The Most Expensive … Read More
How To Build A Rare Whisky Portfolio
During their recent interview on The Acquirers Podcast with Tobias, Steve Bishop and Patrick Fisher of Elite Wine & Whisky discussed How To Build A Rare Whisky Portfolio. Here’s an excerpt from the interview: Tobias: Yes. Same question to you. If I was to approach you and say, “I want … Read More
Jim Rogers: The Madness Of Investors
In the book, Inside The House Of Money by Steven Drobny there’s a great interview with Jim Rogers on all things macro-investing before it was called macro-investing. During the interview Rogers recounted two stories that demonstrated to him the madness of investors. Here’s an excerpt from the interview: I don’t … Read More
Thomas Russo: Berkshire Has The Least Amount Of Agency Cost Of Any Company I Follow
In his latest letter to investors, Thomas Russo discusses why he continues to hold Berkshire Hathaway saying, Berkshire Hathaway has the least amount of agency cost of any company I follow. Here’s an excerpt from the letter: Berkshire Hathaway and Nestlé remain key holdings with portfolio weights generally at least … Read More
One Stock Superinvestors Are Buying Or Holding
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
Don’t Believe Everything You Read About Investing In China
In their recent episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discussed Don’t Believe Everything You Read About Investing In China. Here’s an excerpt from the episode: Tobias: What about China stocks? They’ve been absolutely destroyed since that change in the regulatory regime. Have you followed that … Read More
How To Build A Profitable Vintage Wine Portfolio
During their recent interview on The Acquirers Podcast with Tobias, Steve Bishop and Patrick Fisher of Elite Wine & Whisky discussed How To Build A Profitable Vintage Wine Portfolio. Here’s an excerpt from the interview: Tobias: If I was to approach you and say, “I’m interested in investing in investment-grade … Read More
Wally Weitz: From Traditional Value To Fast Growing Stocks
In his latest interview on the VVI Q&A Speaker Series at Brown University, Wally Weitz discussed his transition from traditional value to fast growing stocks. Here’s an excerpt from the interview: Weitz: It took me a long time to get around to some of the higher quality businesses because they… … Read More
Cliff Asness: Are Value Stocks Cheap for a Fundamental Reason?
In his latest commentary titled – Are Value Stocks Cheap for a Fundamental Reason?, Cliff Asness discusses why the current high value spread is forecasting high expected returns, not lower than usual fundamental growth rates for cheap versus expensive stocks. Here’s an excerpt from the commentary: We have been discussing … Read More
GMO: Merger Arbitrage Provides A Compelling Opportunity For Patient Investors
In their latest article titled – Merger Arbitrage Opportunity, GMO explains why merger arbitrage provides a compelling opportunity for patient investors. Here’s an excerpt from the article: Intense technical liquidation in Merger Arb deals improved prospective returns As of 8/4/2021 | Source: GMO Bars represent the median values by quartile … 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
Investing Lessons From RATM’s Tom Morello
In their recent episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discussed Investing Lessons From RATM’s Tom Morello. Here’s an excerpt from the episode: Jake: Well, this is more dessert because we’re are talking about music today. So, this isn’t going to be sperm whales, or mathematics, … Read More
The Science Behind A Great Whisky
During their recent interview on The Acquirers Podcast with Tobias, Steve Bishop and Patrick Fisher of Elite Wine & Whisky discussed The Science Behind A Great Whisky. Here’s an excerpt from the interview: Tobias: Does whiskey suffer from that same problem with the variability between the vintages because the process … Read More
Warren Buffett: Investors Should Avoid The ‘Noah School Of Investing’
In his 1966 Buffett Partnership Letter, Warren Buffett discussed diversification and why investors should avoid the ‘Noah School of Investing’. Here’s an excerpt from the letter: There is one thing of which I can assure you. If good performance of the fund is even a minor objective, any portfolio encompassing … Read More
Arnold Van Den Berg: The Psychology Of Short-Sellers
In this presentation with the VVI Q&A Speaker Series at Brown University, Arnold Van Den Berg discussed the psychology of short-sellers. Here’s an excerpt from the presentation: My opinion about short selling is not that it’s wrong or immoral, it’s only wrong for the individual. Actually short sellers play a … Read More
Howard Marks Top 10 Holdings (Q2 2021)
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
(Ep.126) The Acquirers Podcast: Elite Wine & Whisky – The Secrets To Collecting Fine Wine & Rare Whisky
In this episode of The Acquirers Podcast, Tobias chats with Steve Bishop and Patrick Fisher of Elite Wine & Whisky. During the interview William provided some great insights into: The Science Behind A Great Whisky Whiskey Investment Is Such A Great Opportunity Right Now How To Build A Profitable Vintage Wine … Read More
Stock In Focus – TAM Stock Screener – Whirlpool Corporation (NYSE: WHR)
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 Whirlpool Corporation (NYSE: WHR). According to sites like https://appliancehunter.co.uk/, Whirlpool … Read More