In their latest Perspectives, Bridgeway Capital say, “after the tremendous run of large and growth stocks over the last decade, we believe small-value stocks still have room to run.” Here’s an excerpt from the article: After a dramatic four-plus years of underperformance, small-cap value stocks came roaring back over the … Read More
GMO: Why Today’s Highfliers Are So Likely To Fall Back To Earth
In their latest Q1 2021 Quarterly Letter, GMO say, “that speculation is a much bigger driver in the stock market today than is normally the case.” The result may lead to today’s high fliers being the most likely to fall back to Earth. Here’s an excerpt from the letter: While … Read More
VALUE: After Hours (S03 E19): Crypto Special Situation, Value vs Growth and Momentum, Wild Swings
In this episode of the VALUE: After Hours Podcast, Thomas Braziel, Corey Hoffstein, and Tobias Carlisle chat about: Crypto Net-Nets Growth Got Crushed Crypto Arbitrage $ARKK Drops 35% The ‘We Don’t Know’ Narratives There’s Just Too Much Money Sloshing Around Wild Swings The Marriage Between Value And Momentum Retail In … Read More
The Impact Of Crypto On Gold
During his recent interview on The Acquirers Podcast with Tobias, Sean Fieler, CIO of Equinox Partners discussed The Impact Of Crypto On Gold. Here’s an excerpt from the interview: Tobias: Do you have any concerns that you have… there are these alternative currencies or alternative hedges to the market in … Read More
Joel Greenblatt: What Makes A Great Investor
In his latest interview on The Knowledge Project Podcast, Joel Greenblatt discussed what makes a great investor. Here’s an excerpt from the interview: (3:09) I think it’s a combination of a few things. But one it’s really just the thought process. Can they make it simple. Can they really explain … Read More
GMO: Value’s Turn: Eerie Parallels To 1999
In their latest Insight titled – Value’s Turn: Eerie Parallels To 1999, the team at GMO believe that value’s recent outperformance over growth is set to continue based on the eerie similarities between today and 1999 saying, “there are many eerie parallels between today’s Value/Growth relationship and what we witnessed … 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
Chris Mayer: Value & Growth ‘Labels’ Are Useless
In his latest conversation with the India Investment Conference, Chris Mayer discussed the misuse of labels in finance and investing, and why one investor’s growth stock can be another’s value stock. Here’s an excerpt from the conversation: So I think in finance investors particularly are prone to being overly let’s … Read More
Should You Get Paid For Holding $BRK.A?
In their recent episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discussed Should You Get Paid For Holding $BRK.A? Here’s an excerpt from the episode: Tobias: Ian’s question was should you get paid for holding Berkshire Hathaway as an investment manager? I think that in the way that … Read More
Is It Better To Buy Gold Or Gold Mining Companies?
During his recent interview on The Acquirers Podcast with Tobias, Sean Fieler, CIO of Equinox Partners discussed whether It Is Better To Buy Gold Or Gold Mining Companies. Here’s an excerpt from the interview: Tobias: I have quite a few gold miners in my screen and I asked myself all … 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
Which Berkshire Business Would You Sell Off Assuming No Tax Hits?
In their recent episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discussed Which Berkshire Business Would You Sell Off Assuming No Tax Hits? Here’s an excerpt from the episode: Tobias: All right, I’ve got a question. What Berkshire business would you sell off assuming no tax hits? Jake: … Read More
Value Investing In Gold Miners
During his recent interview on The Acquirers Podcast with Tobias, Sean Fieler, CIO of Equinox Partners discussed Value Investing In Gold Miners. Here’s an excerpt from the interview: Tobias: How do you come to be interested in precious metals and hedge funds? Sean: Well, I see, I started in this … Read More
Tweedy Browne: How To Calculate The Intrinsic Value For Businesses
In their latest conversation at the 2021 Virtual Value Investing Conference, the team at Tweedy Browne discussed a number of topics including how they calculate the intrinsic value for businesses, and which metrics they apply. Here’s an excerpt from the conversation: I would say is that the vast majority of the … Read More
Steven Romick: Growth Can Bail Value Investors Out Of A Lot Of Problems
In his latest interview on WealthTrack, FPA,s Steven Romick discusses a number of topics including how growth stocks can bail value investors out of a lot of problems, but not at any price. Here’s an excerpt from the interview: Romick: We’re value investors. It’s a fuzzy line that separates growth … Read More
Seth Klarman’s Top 10 Holdings (Q1 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.114) The Acquirers Podcast: Sean Fieler – Gold Value – Gold, Gold Mining, Activism, And Inflation
In this episode of The Acquirers Podcast, Tobias chats with Sean Fieler, CIO of Equinox Partners. During the interview Sean provided some great insights into: Value Investing In Gold Miners Is It Better To Buy Gold Or Gold Miners? The Impact Of Crypto On Gold The Inflation Effect On Gold … Read More
Bill Gurley: The Absurdity Of Today’s Valuations
In his recent discussion with Brad Gerstner at the Sohn Conference, Bill Gurley provided an example of the absurdity of today’s valuations. Here’s an excerpt from the discussion: Gurley: I remember one day you and I were talking about Airbnb and I just did this exam… this little study where … Read More
Stock In Focus – TAM Stock Screener – West Fraser Timber Co. Ltd (NYSE: WFG)
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 West Fraser Timber Co. Ltd (NYSE: WFG). West Fraser Timber … Read More
How Many Of The Top Companies Will Be Around In 30 Years?
In their recent episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discussed How Many Of The Top Companies Will Be Around In 30 Years? Here’s an excerpt from the episode: Tobias: So, the thing that stood out for me, the thing that I enjoyed the most was– because … Read More