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
Ray Dalio: How To Spot Impending Market Bubbles
In his book – Principles for Navigating Big Debt Crises, Ray Dalio discusses the recurring nature of bubbles in various markets, emphasizing their commonalities despite differing specifics. Understanding the logical cause-and-effect relationships behind bubbles allows for their identification before they manifest as significant crises. By recognizing these patterns and indicators, investors … Read More
Joel Greenblatt: Playing It Safe Could Mean Missing the Next Big Thing
In his book – You Can Be A Stock Market Genius, Joel Greenblatt discusses his cautious investment strategy, emphasizing skepticism toward high-growth, high-multiple stocks. Despite initial excitement about new concepts and products, he often avoids investing due to their typically high price/earnings ratios, which can be unrealistic or infinite for … Read More
The One Stock That Superinvestors Are Dumping: Is It Time to Sell?
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
Warren Buffett: Why Quality Businesses Can Still Be Overpriced
During the 1997 Berkshire Hathaway Annual Meeting, Warren Buffett discussed his annual report, in which he described Coke and Gillette as “The Inevitables,” noting their exceptional businesses but warning against overpaying for their stocks, which can lead to short-term risks. He emphasized that his praise shouldn’t be seen as an … Read More
Howard Marks: When to Be Cautious and When to Be Aggressive
In his book – Mastering The Market Cycle, Howard Marks explains why in order to make sound investment decisions, we must be alert and perceptive, using inference to understand market participants’ behavior and the investment climate. Observing current events and market sentiment—such as investor optimism or pessimism, media opinions, and … 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
Warren Buffett: Choosing the Right Discount Rate for Valuations
During the 1996 Berkshire Hathaway Annual Meeting, Warren Buffett explained that when determining a discount rate for valuing future cash flows, he prefers using the long-term government bond rate. He avoids adding extra risk premiums for different businesses, arguing that it’s more important to focus on businesses with predictable futures. … Read More
Mohnish Pabrai: Wait Patiently For That Super-Fast Pitch Down The Center
In his book – The Dhandho Investor, Mohnish Pabrai discusses why Ben Graham’s emphasis on a margin of safety is vital, aiming to minimize risk while maximizing returns, a strategy epitomized by Warren Buffett’s success. Assets usually trade at or above intrinsic value, but during extreme distress, like 9/11 or … Read More
Prem Watsa – 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
This Week’s Best Value Investing News, Podcasts, Interviews (07/12/2024)
This week’s best investing news: Oaktree’s Howard Marks Weighs In on Market Risks, PE and Credit (Bloomberg) Bill Nygren Q2 2024 Commentary: What goes up… keeps going up. But we aren’t buying it (Oakmark) Bill Ackman Is Behind the Market. Now He’s Launching the Biggest Closed-End Fund Ever (Barron’s) Fundsmith … Read More
Apple Inc (AAPL) 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 one of the stocks that is not currently in our screens, Apple Inc (AAPL). Profile Apple is among the largest … Read More
Why Home Depot Inc. (HD) 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: Home Depot Inc. (HD) Home Depot is the world’s largest home … Read More
Joel Greenblatt: How to Decide When to Sell Stocks
In his book – You Can Be A Stock Market Genius, Joel Greenblatt explains why selling stocks is often harder than buying them. While buying opportunities are well-defined, especially after special events like spinoffs or bankruptcies, selling decisions are more complex. The market will eventually recognize the value revealed by … Read More
Warren Buffett: The Best Indicator For Assessing Operating Performance
In his 1979 Berkshire Hathaway Annual Letter, Warren Buffett explained why the most appropriate way to measure annual operating performance is by the ratio of operating earnings to shareholders’ equity, valuing securities at cost. Using market value can distort performance due to fluctuations in securities’ market values. In 1979, Berkshire’s … Read More
Large-Cap Stocks In Trouble: Here Are The 10 Worst Performers Over The Past 12 Months
Over the past twelve months ten Large-Cap stocks have underperformed all others. Here’s this week’s top 10 worst performing Large-Caps in the last twelve months: Name 1 Year Price Returns (Daily) Albemarle (ALB) -62.55% Walgreens Boots Alliance (WBA) -61.49% Paycom Soft (PAYC) -57.81% Solventum (SOLV) -47.26% Estee Lauder Companies (EL) … Read More
This Acquirers Multiple Stock Is Undervalued, According to Druckenmiller, Asness, 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
Mohnish Pabrai: Decoding Business DNA: Predicting Future Performance and Investment Insights
In this article titled – Decoding A Company’s DNA, Mohnish Pabrai explains how a business’s foundational DNA is set in its first 90 days, making later changes difficult. This genetic code dictates how a company handles challenges. Investors can gain insights by understanding a company’s early-stage DNA, predicting future performance. Lucent, … Read More
Bill Nygren: AI Excitement vs. Historical Tech Hype: Investor Caution Advised
In his latest Q2 2024 market commentary Bill Nygren discusses how giant cap growth companies that performed well in 2023 continued their success in 2024, while large cap, slower growth companies that underperformed in 2023 continued to struggle. High-priced growth stocks need to maintain growth rates or high P/E ratios … Read More
The One Stock That Superinvestors Are Dumping: Is It Time to Sell?
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