During his recent interview with Tobias, Michael Girdley, Executive Chairman at Dura Software discussed his Playbook – System of Systems for Business and Startup Management for Companies with <50 Employees. Here’s an excerpt from the interview: Tobias: That’s kind of interesting. Often you find these things, they’ve got to the peak of some … Read More
Jim O’Shaughnessy: Never Override Your Investing Model
In this interview with the Jack and Justin at The Excess Returns Podcast, Jim O’Shaughnessy discusses a number of timeless investing lessons and the importance of never overriding your investing model. Here’s an excerpt from the interview: You will never see us make a change because of a recent market … Read More
Aswath Damodaran: When So Called Pros Bet And Make Money It’s Skill, When Robinhood Investors Make Money It’s Speculation. Why?
In this interview with CNBC, Aswath Damodaran highlighted the hypocrisy of commentary coming from so called professional investors and market commentators towards Robinhood investors, some of which have been generating outsized returns. Here’s an excerpt from the interview: Q: Robinhood often gets the focus here especially because they’re part of … Read More
The Right Size II
During their recent episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discussed The Right Size II. Here’s an excerpt from the episode: Jake: Alright are we ready for some veggies to part two of on being the right size, Bill. Jake: Last week, we talked about how … Read More
Finding Opportunities In Horizontally Focused Hyper-Niche Software Businesses
During his recent interview with Tobias, Michael Girdley, Executive Chairman at Dura Software discussed Finding Opportunities In Horizontally Focused Hyper-Niche Software Businesses. In the context of identifying niche software businesses, the significance of specialized tools like project forecasting and estimating solutions cannot be overstated. Michael Girdley’s insights underscore the importance of … Read More
(Ep.72) The Acquirers Podcast: Michael Girdley – Niche Acquirer, Dura Software’s Hyper-Niche SME Acquisition Strategy
In this episode of The Acquirer’s Podcast Tobias chats with Michael Girdley, Executive Chairman at Dura Software, a firm that specializes in acquiring hyper-niche software businesses. During the interview Michael provided some great insights into: Finding Opportunities In Horizontally Focused Hyper-Niche Software Businesses The Playbook – System of Systems for … Read More
Annie Duke & Morgan Housel: Is This The Reason Warren Buffett Has Been Quiet Lately
Here’s a great conversation with Morgan Housel and Annie Duke at the 73rd CFA Institute Annual Virtual Conference last month in which they discuss a number of topics around managing risk, investing during periods of uncertainty, and the importance of humility in the investment decision making process. During the conversation … Read More
Stock In Focus – TAM Stock Screener – Compx International Inc. (NYSEAMERICAN: CIX)
As part of a new series here at The Acquirer’s Multiple, we’re providing a new feature called ‘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 Compx International Inc. (NYSEAMERICAN: CIX). Compx International Inc is a … Read More
Price Drives Diligence
During their recent episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discussed Price Drives Diligence. Here’s an excerpt from the episode: Bill: Yeah, I can do it. I guess the security that resides in my portfolio that is both the biggest and is most on my mind … Read More
This Week’s Best Investing Articles, Research, Podcasts 6/19/2020
Here’s a list of this week’s best investing reads: Some Things About the Markets That Will Never Change (A Wealth of Common Sense) Same As It Ever Was (Collaborative Fund) Deserving It (MicroCapClub) The Portnoy Top (Epsilon Theory) Howard Marks Memo – The Anatomy of a Rally (OakTree) Stop Preparing For The Last Disaster (Farnam … Read More
Terry Smith’s Owners Manual – 14 Filters For Purchasing A Great Investment
One of the investors we watch very closely here at TAM is Terry Smith, CEO at Fundsmith. We’ve recently been reading through the Fundsmith ‘Owners Manual’ which is very similar to the Berkshire Owners Manual. One of the sections in the manual covers Smith’s fourteen filters for purchasing a great … Read More
TAM Stock Screener – Stocks Appearing In Greenblatt, Klarman, Icahn 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, … Read More
The Trend Is Your Friend: Momentum Investing
During his recent interview with Tobias, Maj Soueidan, President and Co-Founder at Geoinvesting discussed Momentum Investing. Here’s an excerpt from the interview: Maj: I got off track, I’m sorry. I think we are at a point now where it’s– the smart money is starting to find these companies, and the retail investors are … Read More
VALUE: After Hours (S02 E24): Price Drives Diligence, The Right Size II, Bankruptcy Gamblers
In this episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle chat about: Price Drives Diligence The Right Size II Bankruptcy Gamblers Why Has The Pendulum Swung So Far Against Concentration? Davey Day Trader Direct Democracy Value Unusually Undervalued Right Now Druck Missed It Again Good Investors Consider … Read More
Opportunities In The Decimated Aerospace Value Chain
During their recent episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discussed Opportunities In The Decimated Aerospace Value Chain. Here’s an excerpt from the episode: Bill: I think the aerospace value chain, because it’s super decimated as many of you may know, all 10 of you. I … Read More
The China Fraud
During his recent interview with Tobias, Maj Soueidan, President and Co-Founder at Geoinvesting discussed The China Fraud. Here’s an excerpt from the interview: Tobias: Is it just the States? Do you look globally because you’re GeoInvesting? Maj: Yes. When I launched Geo, the intent was to go– we’ll go everywhere and then we … Read More
One Stock Superinvestors Are Buying Or Holding (17)
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
Peter Lynch: The Amateur Investors Inferiority Complex
Firstly a big H/T to The Dividend Growth Investor for sharing this awesome collection of articles written by Peter Lynch for Worth Magazine in the 1990’s. They’re a must read for all investors. There’s one article in particular which provides some great insights into how amateur investors suffer from an … Read More
George Soros: Top Buys, Top Sells (Q1 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
John Hempton: What Makes Shorting Frauds Fundamentally Very Dangerous
Famed short seller John Hempton, CIO of Bronte Capital, recently did an interview with Global Capital in which he discussed how and where to find fraudulent companies, short selling during the pandemic, and what makes shorting frauds fundamentally very dangerous. Here’s an excerpt from the interview: Q. You short a … Read More