Here’s a great presentation by Fundsmith’s Terry Smith in which he illustrates how investors can generate excellent returns by focusing on high quality businesses, which may be trading at high multiples. Smith had the following to say about investors that focus solely on cheap prices: I wish I’d kept a … Read More
So You Want To Be An Activist Investor
During his recent interview with Tobias, Jeff Gramm discussed life as an activist investor. Here’s an excerpt from the interview: Tobias Carlisle: Right. Your first position, was that … would you characterize that as an activist position, or when did the activist philosophy and strategy develop? How did that occur? … Read More
Josh Wolfe Is On A Line Between Sci-Fi And Sci-Fact
In this episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle chat about why Josh Wolfe Is On A Line Between Sci-Fi And Sci-Fact. Here’s an excerpt from the episode: Tobias Carlisle: No, I like talking to people about… I like all that futurist stuff. I love science … Read More
Nassim Taleb: Why It’s Better To Panic Early
Here’s a great little video by Nassim Nicholas Taleb and Yaneer Bar-Yam discussing the overreaction to the Coronavirus and why its better to panic early. Here’s an excerpt from the discussion: You and I to conclude…You and I would rather be blamed for overreacting. That’s right. Okay, I want to … Read More
How To Successfully Invest In Small & Micro Caps
During his recent interview with Tobias, Jeff Gramm discussed How To Successfully Invest In Small & Micro Caps. Here’s an excerpt from the interview: Tobias Carlisle: Right. What about The Joint? That’s a name that lots of folks who trade in micro caps will know. Jeff Gramm: Yeah. You know, … Read More
Joel Greenblatt: 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
Coronavirus: Markets In Turmoil!
In this episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle chat about Coronavirus: Markets In Turmoil! Here’s an excerpt from the episode: Bill Brewster: With respect to how long Coronavirus goes on, I think you… I think it might be Q4 man. I think we might be … Read More
David Samra: There Will Always Be A Place For Value Investing
In his recent interview on the Value Investing With Legends Podcast, David Samra, founding partner of the Artisan Partners International Value Team, was asked about his thoughts on the future of value investing and whether it will survive. Here’s his response: I don’t think the value of a business as the … Read More
(Ep.56) The Acquirers Podcast: Jeff Gramm – Small Activism, Columbia GBS To Distressed Hedge Funds, And Small/Micro Activism
In this episode of The Acquirer’s Podcast Tobias chats with Jeff Gramm, Founder of Bandera Partners and author of Dear Chairman. During the interview Jeff provided some great insights into: Dear Chairman & Ross Perot’s Campaign To Fix GM’s Broken Culture How To Successfully Invest In Small & Micro Caps So … Read More
Stock In Focus – TAM Stock Screener – Gencor Industries (NASDAQ: GENC)
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 Gencor Industries, Inc. (DE) (NASDAQ: GENC). Gencor Industries Inc and … Read More
TAM Stock Screener – Stocks Appearing In Greenblatt, Gabelli, Cooperman 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
Cliff Asness (vale) – Never Has a Venial Sin Been Punished So Quickly and Violently!
In this episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle chat about Cliff Asness (vale) – Never Has a Venial Sin Been Punished So Quickly and Violently! Here’s an excerpt from the episode: Tobias Carlisle: We’re in the second day of a big sell off, just so everybody … Read More
This Week’s Best Investing Articles, Research, Podcasts 3/6/2020
Here’s a list of this week’s best investing reads: Corona Panic (Collaborative Fund) Using Models to Stay Calm in Charged Situations (Farnam Street) Don’t Lose It (Humble Dollar) What Happens to Stocks After a Big Down Month? (A Wealth of Common Sense) Should I Sell My Stocks? (The Irrelevant Investor) What You Should Buy in … Read More
VALUE: After Hours (S02 E09): Markets in Turmoil!, Thinking About The Future, And Venial Value Sins
In this episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle chat about: Cliff Asness – Never Has a Venial Sin Been Punished This Quickly and Violently! When Will We See The True Impact Of The Coronavirus On Markets Learning From The Future After Visiting Google Josh Wolfe … Read More
One Stock Superinvestors Are Buying (2)
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 Klarman, … Read More
Peter Kaufman: One Reason Investors May Never Replicate Buffett And Munger
Here’s a great presentation by Peter Kaufman at the Cal Poly Pomona Economics Clubs, in which he discusses his multidisciplinary approach to thinking. Part of his presentation focuses on one of the main reasons investors may never be able to replicate the success of Warren Buffett and Charlie Munger. Here’s … Read More
Bruce Greenwald On One Of The Greatest Value Investors Ever – Glenn Greenberg
One of the best books ever written on value investing is Bruce Greenwald’s Value Investing: From Graham to Buffett and Beyond. So starting this week we’re going focus on one chapter from the book. This week we’ll take a look at the chapter on value investing legend Glenn Greenberg. Here are … Read More
Joel Greenblatt: 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
Howard Marks: Latest Memo – Nobody Knows II, Coronavirus And It’s Impact On Markets
Howard Marks recently released his latest Memo titled – Nobody Knows II, in which he discusses his view on the coronavirus and its impact on markets saying: Over the last few weeks, I’ve been asked repeatedly for my view of the coronavirus and its implications for the markets. I’ve had … Read More
Why It’s So Difficult For Companies To Maintain Their Economic Moat
In this episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discuss why it’s so difficult for companies to maintain their economic moat. Here’s an excerpt from the episode: Tobias Carlisle: Jake you heard that somebody asked about the paper that we were talking about last week where … Read More