In this interview with WealthTrack, Steven Romick discusses his value investing perspective on always trying to consider what can go wrong with an investment. Here’s an excerpt from the interview: Romick: I think if you need to always look at things from two sides. What can go right as well … Read More
Tom Gayner: GAAP Accounting: A Map That Can Lead You Astray
In this interview with The Value Perspective, Tom Gayner provides a great analogy of why GAAP accounting is like a map that can lead you astray. Here’s an excerpt from the interview: Gayner: Is where I’m sort of pointing out what I believe to be some of the current flaws … Read More
Aswath Damodaran: Warren Buffett’s Biggest Mistake: Not Investing In Technology Earlier
During this interview with The Investor’s Podcast, Aswath Damodaran discusses overcoming investment blind spots by valuing companies you don’t understand. He says, Warren Buffett has been open about the fact that he didn’t invest in technology stocks enough. Here’s an excerpt from the interview: Damodaran: That’s why I said don’t … 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
Ray Dalio: The 5-Step Formula For Investing Success
In his book, Principles Life and Work, Ray Dalio provides his 5-Step formula for investing success. Here’s an excerpt from the book: So in 1975, after a quick two-year stint on Wall Street after school, I started Bridgewater. Soon after, I got married and began my family. Through this time … Read More
Mohnish Pabrai: Everyone Needs Someone To Talk To About Their Investments
In this presentation and Q&A at MDI, Gurgaon, Mohnish Pabrai discusses the importance of having someone to talk to about your investments. Here’s an excerpt from the presentation: Pabrai: Yeah, that’s a great question. I had a conversation a few years back with Charlie Munger, and he casually mentioned that … Read More
Li Lu – 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
eBay Inc (EBAY) 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 eBay Inc (EBAY). Profile eBay operates one of the largest e-commerce marketplaces in the world, with $74 billion in 2022 … Read More
10 Big-Name Stocks Near 52-Week Lows: Are They A Buy?
Over the past twelve months a number of big named companies have been near or below their 52 week low price. Each week we’ll take a look at some of the biggest names currently close to their 52 week lows: Symbol Name Price $ 52 Week Low $ PFE Pfizer … Read More
Mega-Cap Stocks In Trouble: Here Are The 10 Worst Performers Over The Past 12 Months
Over the past twelve months ten Mega-Cap stocks have underperformed all others. Mega-Caps are defined by $200 Billion Market Cap or more. Here’s this week’s top 10 worst performing Mega-Caps in the last twelve months: Symbol Name 1 Year Price Returns (Daily) BAC Bank of America Corp -15.06% TSLA Tesla … Read More
Part 2: 10 Of The Best Stock Market Investing Books Of All Time (2023)
Recently we released Part 1 of our list of 10 Of The Best Stock Market Investing Books Of All Time (2023). This week we’ve added a further ten. This list is by no means complete and is certainly not in any particular order. If you’re an investor take some time to … Read More
Why Meta Platforms Inc Stock Is 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: Meta Platforms Inc (META) Meta is the world’s largest online social … Read More
Value Studies Outperform Value Gurus: A Study of the Long-Term Returns
During their latest episode of the VALUE: After Hours Podcast, Taylor, and Carlisle discussed Value Studies Outperform Value Gurus: A Study of the Long-Term Returns. Here’s an excerpt from the episode: Jake: Yeah. Well, part of this too came from a little study that I did back when I was … Read More
This Week’s Best Value Investing News, Podcasts, Interviews (9/15/2023)
This week’s best investing news: Howard Marks Memo: Fewer Losers, or More Winners? (Howard Marks) Bill Ackman On Activist Investing, The Economy, And Learning From Mistakes (Julia La Roche) Grantham warns on global property, AI hype (AFR) An Update on the Stock-Bond Correlation (Verdad) Aswath Damodaran: A Business Upended – … Read More
Ray Dalio: 3 Lessons On Making Money In The Stock Market
In his book, Principles Life and Work, Ray Dalio provides three lessons on making money in the stock market. Here’s an excerpt from the book: It was the 1960s. At the time the stock market was booming and everyone was talking about it, especially the people I caddied for. So I … Read More
Jeremy Grantham: The Worst Mistake That The Average Investor Makes
During this interview with Bloomberg, Jeremy Grantham discussed the worst mistake that the average investor makes. Here’s an excerpt from the interview: They get far too enthusiastic. And I understand that. I can get pretty enthusiastic about about new deals, new start ups when people are presenting them. I like to … Read More
This Acquirers Multiple Stock Is Undervalued, According To Burry, Simons, And Ainslie
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
The Drivers Of Stock Market Returns Over The Last 10 Years
During their latest episode of the VALUE: After Hours Podcast, Taylor, and Carlisle discussed The Drivers Of Stock Market Returns Over The Last 10 Years. Here’s an excerpt from the episode: Tobias: Why do you think it was such a weird decade for value? Jake: You got to save that … Read More
Joel Greenblatt: Why It’s Easier For Smaller Investors To Achieve Superior Investment Returns, According To Warren Buffett
In this lecture at Columbia University, Joel Greenblatt discusses advice from Warren Buffett on why it is much easier for smaller investors to achieve superior investment returns. Here’s an excerpt from the lecture: Greenblatt: So we have another investor, Warren Buffett, who has also been able to do that and … Read More
Howard Marks: How To Beat The Market With Alpha: A Guide For Investors
In his latest memo titled – Fewer Losers, or More Winners?, Howard Marks explains how superior investing involves creating an asymmetry with more upside potential than downside risk, and alpha is the key to achieving this. Here’s an excerpt from the memo: The last element I want to touch on … Read More