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, McDonald’s Corp (MCD). Profile McDonald’s is the largest restaurant … Read More
This Week’s Best Value Investing News, Podcasts, Interviews (05/10/2024)
This week’s best investing news: Howard Marks Memo: The Impact of Debt (OakTree) Berkshire Hathaway Annual Meeting 2024 (CNBC) Guy Spier – VALUEx Berkshire Hathaway 2024 Event: Life Lessons On Charlie Munger & Investing (GS) Berkshire Hathaway Q1 2024 Report (BH) Omaha Value Investor Conference (Gabelli) Buffett Without Munger (Jason … Read More
Why Meta Platforms Inc (META) 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
Skin in the Game: Why Microcap Buyout Investors Should Own Alongside Management
During their recent episode, Taylor, Carlisle, and Claremon discussed Skin in the Game: Why Microcap Buyout Investors Should Own Alongside Management, here’s an excerpt from the episode: Ben: I’ve got this thing, where I want to invest in companies that I would intellectually be happy owning 1% of 20% of … Read More
Warren Buffett: How I Would Invest Today For 50% Annual Returns
During his recent Berkshire Hathaway Annual Meeting, Warren Buffett discussed how he would achieve a 50% annual return with less than $1 million by deeply investigating small investment opportunities, akin to his past practices with railroad stocks detailed in Moody’s manuals. He emphasizes the necessity of passion for the process … Read More
Howard Marks: The Pros and Cons of Using Financial Leverage In Investing
In his latest memo titled – The Impact of Debt, Howard Marks explains that leveraging debt is used to increase capital efficiency because debt is generally cheaper than equity, allowing greater asset ownership and potential profits when conditions are favorable. However, he warns that leverage also amplifies losses similarly when … 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. Large-Caps are defined by $10 Billion Market Cap or more. Here’s this week’s top 10 worst performing Large-Caps in the last twelve months: Stock 1 Year Price Returns (Daily) Insulet (PODD) -43.64% Illumina (ILMN) -43.57% Walgreens Boots Alliance … Read More
This Acquirers Multiple Stock Is Undervalued, According to Dalio, Simons, Cohen
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
Microcap Investing: Finding Diamonds in the Rough
During their recent episode, Taylor, Carlisle, and Claremon discussed Microcap Investing: Finding Diamonds in the Rough, here’s an excerpt from the episode: Ben: Yeah. The first thing I hear from people is that this is just pure adverse selection, that anything that was good enough to grow out of … Read More
Cliff Asness: Staying the Course Through Adversity
In this interview with the Finserve Podcast, Cliff Asness reflects on the challenges of investment strategies. Initially, he believed the hard part was creating a profitable, diversified process. Back tests seemed promising but weren’t always reliable. Despite adjustments, real-life results were often less impressive. Over 30 years, they’ve used half … Read More
Stanley Druckenmiller: AI Could Be Bigger Than the Internet
During his recent interview with CNBC, Stanley Druckenmiller discussed his investment success with Nvidia, which began when his young partner predicted AI’s significance over blockchain in 2022. Initially skeptical, Druckenmiller bought Nvidia, which soared with the rise of AI such as AI SDR. Despite the stock’s meteoric rise, he sold … 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
Beyond the Knockout Punch: Why Microcaps Struggle with Business Diversification
During their recent episode, Taylor, Carlisle, and Claremon discussed Beyond the Knockout Punch: Why Microcaps Struggle with Business Diversification, here’s an excerpt from the episode: The other place where companies struggle is what I would call small company problems. What really hurts these companies is things that like single product, … Read More
Mohnish Pabrai: A Tale of Missed Chances in Investing
During his recent interview with The Investor’s Podcast, Mohnish Pabrai discusses his passion for bridge and shares a story about an investor who shorted Berkshire Hathaway, missing out on significant gains. The investor later regretted not investing in high-yield U.S. treasuries in the early ’80s. Pabrai reflects on missed opportunities … Read More
Howard Marks: The Danger of Certainty
During their latest discussion on The Insight, Howard Marks, Armen Panossian, and David Rosenberg discuss the current market environment. Here’s the main point from Howard Marks: Uncertainty in the Current Market: Marks highlights the numerous uncertainties in the current market environment, including geopolitical tensions, climate change, economic growth, inflation, 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
Why Unsexy Industrial Businesses Are Ideal for Microcap Buyouts
During their recent episode, Taylor, Carlisle, and Claremon discussed Why Unsexy Industrial Businesses Are Ideal for Microcap Buyouts, here’s an excerpt from the episode: Tobias: We’ve got about three minutes left, Ben. If you had to look into your crystal ball, what do you think will be the industry that … Read More
Warren Buffett: Charlie Munger: The Architect of Berkshire Hathaway
During the recent 2024 Berkshire Hathaway Annual Meeting, Warren Buffett recounts meeting Charlie Munger in 1959, likening it to twins reunited. While both were curious, Buffett focused on whether things worked, while Munger delved into how they worked. Munger’s understanding of electricity rivalled Edison’s; he designed and built his home … Read More
Warren Buffett: Is AI The Nuclear Genie of Our Time?
During his latest 2024 Berkshire Hathaway Annual Meeting, Warren Buffett acknowledges his lack of understanding about AI but doesn’t dismiss its significance. He compares it to the nuclear genie, once out of the bottle, impossible to control. He recalls a disturbing experience where AI convincingly mimicked him, realizing its potential … Read More
Bill Ackman – 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