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
Alluvial Capital: Finding Bargains That Fly Under The Radar
In his latest Q3 2020 Letter Dave Waters, founder of Alluvial Capital, provided some great insights on how investors can find bargains that fly under the radar. Here’s an excerpt from the letter: Companies that are small for good reasons often begin to grow larger over time, enriching shareholders in … Read More
Rich Pzena: The Day Is Coming For Value Investing
In his latest Q3 2020 earnings call, Pzena Asset Management CEO Rich Pzena outlined his reasons why the day is coming for value investing. Here’s an excerpt from that call: Pzena: Thank you, Jessica. Ride the winners. That’s always been obvious investment strategy favored at the end of every cycle. … Read More
Christopher Mayer: 3 Key Ingredients Of A 100 Bagger
Chris Mayer, the co-founder at Woodlock House Family Capital, and author of 100 Baggers: Stocks That Return 100-to-1 and How To Find Them, recently released a great article titled – Reflections on 100 Baggers in which he discusses the next 100 baggers, industry sectors to look in, and the key ingredients of … Read More
Matthew Sweeney: Finding “Ugly Ducking” Companies That Are Actually Swans
Tobias recently interviewed Matthew Sweeney, the Managing Partner at Laughing Water Capital on The Acquirers Podcast. Coincidentally, Sweeney recently released his Q3 2020 Letter in which he discusses how to find “ugly duckling” companies that are actually swans. Here’s an excerpt from that letter: My almost 5 year old son … 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
Absolute Versus Relative Value
During their recent episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discussed Absolute Versus Relative Value. Here’s an excerpt from the episode: Jake: So, the quote number two is even a little bit more elaboration on that last part. “The first thing a gambler has to do … Read More
Focus On Economic Drivers Instead Of Forward Earnings
During his recent interview with Tobias, Matthew Sweeney, Managing Partner at Laughing Water Capital, discussed Focusing On Economic Drivers Instead Of Forward Earnings. Here’s an excerpt from the interview: Matt: It’s really just continuing to sift through the world and find interesting things and be aware that situations pop up every … Read More
John Templeton: The Principle Of Maximum Pessimism
I’ve just finished reading a great book titled – Sir John Templeton: From Wall Street to Humility Theology, by Robert Hermann which provides some great insights into the life and philosophies of the legendary value investor Sir John Templeton. There’s one passage in particular which encompasses Templeton’s strategy for finding undervalued … Read More
This One Stock Is Popular With Investing Gurus
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
Puggy Pearson’s Portfolio
During their recent episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discussed Puggy Pearson’s Portfolio. Here’s an excerpt from the episode: Jake: All right, let’s do it. So, hat tip to my boy, Mike McCoy for, I think originally introducing me to Puggy Pearson. Here’s this guy … Read More
The Value Spectrum
During his recent interview with Tobias, Matthew Sweeney, Managing Partner at Laughing Water Capital, discussed The Value Spectrum. Here’s an excerpt from the interview: Tobias: Let’s take a step back and talk a little bit about your philosophy. So, we know that it’s a value-based philosophy. You’re currently focused in small … Read More
(Ep.88) The Acquirers Podcast: Matthew Sweeney – Value Spectrum: Concentrated Small And Micro, Event-Driven Long-Short Value Investing
In this episode of The Acquirers Podcast Tobias chats with Matthew Sweeney, Managing Partner at Laughing Water Capital. During the interview Matthew provided some great insights into: The Value Spectrum Focus On Economic Drivers Instead Of Forward Earnings Validate Your Ideas With A Red Team Finding Opportunities Using Keyword Search … Read More
C.T. Fitzpatrick: Investors Should Compile A List Of ‘MVP’ Companies And Wait
One of the value investing firms we like to follow closely is Vulcan Value Partners, founded by C.T. Fitzpatrick, which currently has $12.7 Billion in assets under management including large positions in Qorvo, Alphabet, and Skyworks. Vulcan’s strategy is to track a list of 500 ‘MVP’ stocks, then they wait … Read More
Chris Bloomstran: Disney’s Myriad Of Capital Allocation Options
In response to Dan Loeb’s letter to Disney, Chris Bloomstran has written his own letter to Disney CEO Robert A. Chapek, encouraging him to “not act by reflexively endorsing the “advice” of well-known activist hedge fund managers.” Instead he’s suggesting a myriad of alternatives regarding its capital allocation. Here’s an … Read More
Stock In Focus – TAM Stock Screener – Propetro Holding Corp (NYSE: PUMP)
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 Propetro Holding Corp (NYSE: PUMP). ProPetro Holding Corp is a … Read More
Inflation And Value
During their recent episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discussed Inflation And Value. Here’s an excerpt from the episode: Tobias: Yeah, I’ll take a shot at it. So, we’ve had this massive crash. We’ve been printing pretty hard, globally, the central banks, Bank of Japan, … Read More
This Week’s Best Investing Articles, Research, Podcasts 10/16/2020
Here’s a list of this week’s best investing reads: Elections and Markets (Jamie Catherwood) This Time Was Different (Irrelevant Investor) Activist Investor Dan Loeb on Why Disney Needs to Double Its Streaming Spending (Variety) COVID & Global Valuations (Verdad) Tobias Carlisle – How To Play On Market’s Reversion To The Mean (Economic Times) … Read More
Peter Lynch: In Investing Your Stomach Is More Important Than Your Brain
In his interview with PBS, Peter Lynch provided a number of great insights into his successful investing approach including why your stomach is more important than your brain in investing. Here’s an excerpt from the interview: The market itself is very volatile. We’ve had 95 years completed this century. We’re … Read More
Eric Cinnamond: Value Investors Spinning Their Wheels While Suckerfish Get A Free Ride
In their latest Q3 2020 Market Commentary Eric Cinnamond and Jayme Wiggins at Palm Valley Capital provide an interesting analogy of what it’s like to be a value investor while passive and momentum investors get a free ride for little effort. Likening the two groups to remoras, or suckerfish (passive … Read More