In this week’s episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discussed The Importance Of Focusing On Antifragile Businesses. Here’s an excerpt from the episode: Tobias Carlisle: So maybe that’s a good point to segue to your topic Bill. You’ve given some thoughts to managing value through … Read More
Game Theory For Laymen
During his recent interview with Tobias, Dr Ben Hunt from Epsilon Theory discussed Game Theory for Laymen. Here’s an excerpt from the interview: Tobias Carlisle: Can you give us, is there a layman’s version of your game theory that you can, is there some way that you can articulate it for … Read More
James Montier: Dare To Be Different – Value Stocks In Emerging Markets
James Montier recently wrote a great memo titled – Dare To Be Different, in which he discusses the idea of focusing on value stocks in emerging markets to generate outsized returns. Here’s an excerpt from the memo: The conventional 60/40 portfolio of today is not going to generate the kind … Read More
(Ep.59) The Acquirers Podcast: Dr Ben Hunt – Epsilon T, Game Theory, Big Compute, Narratives And Coronavirus
In this episode of The Acquirer’s Podcast Tobias chats with Dr Ben Hunt from Epsilon Theory, which is Second Foundation’s principal publishing brand, a newsletter and website that examines markets through the lenses of game theory and history. During the interview Ben provided some great insights into: A Layman’s Version Of … Read More
Stock In Focus – TAM Stock Screener – G Willi-Food International Ltd (NASDAQ: WILC)
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 G Willi-Food International Ltd (NASDAQ: WILC). G. Willi-Food International Ltd is an … Read More
TAM Stock Screener – Stocks Appearing In Greenblatt, Fisher, Simons 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
Is Coronavirus The Crowbar On The Tracks Of Our Train Of Fragility
During this week’s episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discussed Is Coronavirus The Crowbar On The Tracks Of Our Train Of Fragility. Here’s an excerpt from the episode: Jake Taylor: So my segment is going to be how the Coronavirus might be the crowbar on … Read More
This Week’s Best Investing Articles, Research, Podcasts 3/20/2020
Here’s a list of this week’s best investing reads: BIN There, Done That (Michael Mauboussin) Two Things We Know With High Confidence (Collaborative Fund) Returns From the Bottom of Bear Markets (A Wealth of Common Sense) What Happens After the Stock Market Falls? (Irrelevant Investor) Stocks Are in Chaos. Control the One … Read More
Dan Rasmussen: Value Investing Outperforms In Times Of Crisis
Here’s a great interview with Dan Rasmussen on the Invest Like The Best podcast with Patrick O’Shaughnessy in which Dan discusses how to maximize returns during market panics, including the out-performance of value investing in times of crisis. Also included here is Verdad’s paper on Crisis Investing – How To … Read More
The Age Of The Trillion Dollar Company
During his recent interview with Tobias, Alex Rubalcava, Co-Founder And Managing Partner at Stage Venture Partners, discussed the age of the trillion dollar company. Here’s an excerpt from the interview: Tobias Carlisle: You’ve written some interesting blog posts on the side. The first one I want to discuss is the trillion … Read More
VALUE: After Hours (S02 E11): Markets in Turmoil II, Fragility and Antifragility, High Yield Index
In this episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle chat about: Is Coronavirus The Crowbar On The Tracks Of Our Train Of Fragility The Importance Of Focusing On Antifragile Businesses What Is The High Yield Index Telling Us About What’s Coming Don’t Shoot All Your Armor … Read More
One Stock Superinvestors Are Buying (4)
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
Howard Marks: There Is Value Here, But When Do You Pull The Trigger?
Here’s a great short interview with Howard Marks speaking on CNBC in which he discusses the dilemma that ever investor faces in a falling market. When do you pull the trigger when you see stocks that look cheap? Here’s an excerpt from the interview: Q. What do you think is … Read More
Stanley Druckenmiller: Top Buys, Top Sells (Q4 2019)
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
How To Invest In Enterprise Software Startups
During his recent interview with Tobias, Alex Rubalcava, Co-Founder And Managing Partner at Stage Venture Partners, discussed how to invest in enterprise software startups. Here’s an excerpt from the interview: Tobias Carlisle: So tell us a little bit about Stage. What do you do there? Alex Rubalcava: So my firm is … Read More
Investing In Airlines And OTAs
In this episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discuss Investing In Airlines And OTAs. Here’s an excerpt from the episode: Bill Brewster: Yeah, that’s a good point. Look, I have talked about airlines. I don’t really want to go down as the airline guy. That’s … Read More
The Seed Investing Framework
During his recent interview with Tobias, Alex Rubalcava, Co-Founder And Managing Partner at Stage Venture Partners, discussed the seed investing framework. Here’s an excerpt from the interview: Tobias Carlisle: So given that you have this long right tale of returns, how then do you go about constructing a portfolio? Alex Rubalcava: … Read More
David Abrams: Top 10 Holdings (Q4 2019)
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
Use Ben Franklin’s ‘Prudential Algebra Rule’ To Make Better Investment Decisions
In this episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discuss Using Ben Franklin’s ‘Prudential Algebra Rule’ To Make Better Investment Decisions. Here’s an excerpt from the episode: Jake Taylor: My topic was, in your investment process, it’s very easy to keep digging and digging and digging … Read More
(Ep.58) The Acquirers Podcast: Steady Hands, How The Leaders Of Four SME Businesses Are Weathering The Coronavirus Storm
In this special episode of The Acquirer’s Podcast Tobias chats with four SME business leaders about how their businesses are being impacted by the coronavirus, and how they’re weathering the storm. The four business leaders include: Jesse Koltes (LonoLife) – We are a grocery goods business, consumer packaged goods that … Read More