In his recent interview with Tobias, Ted Seides from the Capital Allocators Podcast discussed How Capital Allocators Approach Style-Drift. Here’s an excerpt from the interview: Tobias: Yeah. One of the things that I observe in value in particular, just because it’s been such a long rough run for value, is there’s … Read More
Charlie Munger: The Difficulty With Ordinary People Becoming Great Investors
In his recent 2021 Daily Journal Annual Meeting, Charlie Munger discussed his thoughts on ordinary people becoming great investors. Here’s an excerpt from the meeting: Question: I enjoyed your Caltech interview and wanted you to elaborate and provide more insights on your point of great investors and great chess players. … 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
Morality In Investing
During their recent episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discussed Morality In Investing. Here’s an excerpt from the episode: Bill: Yeah, I don’t know. I mean, I guess you could– it can all go into morality. I tweeted out about Altria, and I’m not like … Read More
That Bet With Buffett
In his recent interview with Tobias, Ted Seides from the Capital Allocators Podcast discussed That Bet With Buffett. Here’s an excerpt from the interview: Ted: That was it. We’re going way back now. This was the summer of 2007, and to put the markets into context, I was running a hedge … Read More
John Malone: I’m Not A Stock Picker
In his recent interview on the KindredCast Podcast, John Malone discussed a number of topics including why he doesn’t consider himself a stock picker. Here’s an excerpt from the interview: Malone: So for me a covered call is the way I take risk in the equity market. Bourkoff: Exactly, you’re … Read More
Warren Buffett: “I’ll Pay You $10,000 For Your Dog By Giving You Two Of My $5,000 Cats”)
In his most recent Berkshire Hathaway 2020 Annual Report, Warren Buffett discussed a number of topics including why Berkshire is different to the prototype conglomerate, and the shenanigans around paying for overpriced acquisitions. Here’s an excerpt from that report Berkshire is often labeled a conglomerate, a negative term applied to … Read More
Seth Klarman Top 10 Holdings (Q4 2020)
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.104) The Acquirers Podcast: Ted Seides – Capital Allocator: Investing In Hedge Funds And The Bet With Buffett
In this episode of The Acquirers Podcast Tobias chats with Ted Seides from the Capital Allocators podcast. He’s also written a brand-new book called Capital Allocators. During the interview Ted provided some great insights into: That Bet With Buffett How Capital Allocators Approach Style-Drift Building A Process To Make Better … Read More
Stock In Focus – TAM Stock Screener – AmerisourceBergen Corp. (NYSE: ABC)
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 AmerisourceBergen Corp. (NYSE: ABC). AmerisourceBergen is a leading global third-party … Read More
HeLa Cells
During their recent episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discussed HeLa Cells. Here’s an excerpt from the episode: Jake: [chuckles] All right, so 1951, this black woman, mother of five, named Henrietta Lacks visits John Hopkins Hospital. At that time, Johns Hopkins was one of … Read More
Ken Fisher: Don’t Mistake A Company’s Current Valuation As A Predictor Of Its Price In The Future
In his latest commentary on whether technology stocks are overvalued, Ken Fisher says that investors should flip their PE’s into EP’s to get a better understanding of their true value. He also makes the point that investors commonly make the mistake of thinking that valuations somehow are predictive of what … Read More
This Week’s Best Value Investing News, Research, Podcasts 2/26/2021
Here’s a list of this week’s best investing news: Charlie Munger Speaks At The DJCO Annual Meeting (Yahoo Finance) Technology & The Financial Printing Press (Jamie Catherwood) Emerging Market Crises (Verdad) The Feynman Learning Technique (Farnam) A Conversation with Bill Ackman (Harvard Law) Paul Singer Warns of Trouble, and Is Eager to … Read More
Acquirer’s Multiple Stock $CAH Appearing In Dalio, Pzena, 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
VALUE: After Hours (S03 E07): HeLa Cells, Energy, Inflation And Morality In Investing
In this episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle chat about: HeLa Cells Morality In Investing Buffett’s Energy Bets Inflation Fears Is $MO Worse Than $FB? $CSU Suspends Dividends Value Investing & Inflation How To Assess Corporate Culture Invincible Industrialists T. Rowe Price – New Hedge … Read More
The Math On $TSLA Doesn’t Add Up
In his recent interview with Tobias, Drew Dickson of Albert Bridge. discussed The Math On $TSLA Doesn’t Add Up. Here’s an excerpt from the interview: Mine is it would keep me away from owning something like Tesla, unfortunately, because I can’t get there, even in the most– Toyota and Volkswagen … Read More
Charlie Munger: DJCO Meeting – Value Investing Will Never Go Out Of Favor
In his recent Daily Journal shareholder meeting, Charles Munger discussed a number of topics including Robinhood, SPACs, Bitcoin, market speculation, interest rates, and why value investing will never go out of favor. Here’s an excerpt from the meeting: Munger: Well that is easy. Value investing, the way I regard it, … Read More
Broyhill: Value Investing Is A Decent Bet In A World Full Of Bad Bets
In their latest Q4 2020 letter to investors, Broyhill provide some great quotes from Sam Zell and discuss why they believe value investing is a decent bet in a world full of bad bets. Here’s an excerpt from the letter: “What is a cynic?” “A man who knows the price … 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
Musk vs Buffett
During their recent episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discussed Musk vs Buffett. Here’s an excerpt from the episode: Tobias: What about this view that Musk is this incredible industrialist that he’s Tesla’s Holding Company of all these different business lines and just buying some … Read More