A couple of weeks ago Tobias and I compiled our list of 50 Of The Best Investing Books Of All Time. Last week we put together our list of Seth Klarman’s: 32 Books That Every Investor Should Read. This week we’ve compiled our list of Charles Munger’s: 32 Books That Every Investor … Read More
This Week’s Best Investing Reads 08/17/2018
Here is a list of this week’s best investing reads: The Scapegoat (The Irrelevant Investor) If You’re a Seller, Sell Now. If You’re a Buyer, Wait. (The Reformed Broker) 8 Questions I’ve Been Pondering (A Wealth of Common Sense) Joel Greenblatt Mixes Active and Passive In the Same Fund (Barron’s) You Aren’t Going To Be Right … Read More
TAM Stock Screener – Undervalued Mammoth Energy Services Inc (NASDAQ: TUSK)
One of the cheapest stocks in our All Investable Stock Screener is Mammoth Energy Services Inc (NASDAQ: TUSK). Mammoth Energy Services Inc (Mammoth) is an integrated, growth-oriented energy service company serving companies engaged in the exploration and development of North American onshore unconventional oil and natural gas reserves. The company segments include … Read More
TAM Stock Screener – Stocks Appearing in Greenblatt, Simons, Dalio Portfolios
One of the new weekly additions 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 … Read More
Seth Klarman: Top 10 Holdings, New Buys, Sold Out Positions
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
Review: Brian Portnoy’s The Geometry of Wealth: How To Shape A Life Of Money And Meaning
Brian Portnoy’s The Geometry of Wealth: How To Shape A Life Of Money And Meaning is a strategic, rather than tactical, guide to wealth. It is strategic in the sense that it asks the reader to consider the purpose of wealth–the ability to afford a meaningful life–as opposed to tactical questions … Read More
Philip Carret: “If The Figures Look Right And The Management Knows What It Is Doing, Why Does One Need A 40-Page Report?”
One of our favorite investors here at The Acquirer’s Multiple is Philip Carret. Carret wrote one of the best books on investing called – A Money Mind at Ninety. There’s a great passage in the book, taken from his 1990 speech at Contrary Opinion Forum, in which he provides two … Read More
Sponsored Post: Value Invest New York $350 discount until August 31
Value Invest New York will take place on December 4 $350 discount until August 31 The line-up for Value Invest New York was announced last week and it will feature speakers including Joel Greenblatt, Howard Marks, Robert Hagstrom, Dave Iben and others. If you want to attend you can get $350 … Read More
Warren Buffett (Age 21): The Security I Like Best (1951)
Here’s a great article written by the 21-year-old Warren Buffett for The Commercial and Financial Chronicle dated Thursday, December 6, 1951. The article is a great illustration of how a young Buffett analysed GEICO for potential investment saying: “At the present price of about eight times the earnings of 1950, … Read More
Walter Schloss: All Superinvestors Make Mistakes Of Omission
The Annual Ben Graham Conference was held earlier this year and the topic was – investing mistakes. The panel members were Edwin Schloss, son of Walter Schloss, Paul Lountzis – President Lountzis Management, and Michael Lipper – President Lipper Advisory Services. Edwin Schloss shared a couple of great anecdotes on … Read More
Seth Klarman: 32 Books That Every Investor Should Read
Last week we compiled our Top 50 investing Books Of All Time. Over coming weeks we’ll provide recommended reading lists from some of the superinvestors. Back in 2010 Jason Zweig interviewed Seth Klarman at the CFA Institute Annual Conference. During the interview Klarman was asked for his book recommendations. He … Read More
The Acquirer’s Multiple Webinar – How To Beat The Little Book That Beats The Market
Here is The Acquirer’s Multiple Webinar – How To Beat The Little Book That Beats The Market, with Tobias Carlisle: (Source: YouTube)
How Different Are Value Investors From Other Investors?
Heres a great article by George Athanassakos at The Globe and Mail which discusses the personality traits of successful value investors and how value investors are different to other types of investors. Here’s an excerpt from that article: While the technical aspects of value investing – screening for and valuing … Read More
This Week’s Best Investing Reads 08/10/2018
Here is a list of this week’s best investing reads: The Longest Bull Market of All-Time? (The Irrelevant Investor) What People Will Pay For (The Reformed Broker) Strategy vs. Tactics: What’s the Difference and Why Does it Matter? (Farnam Street) If It Sounds Too Good to Be True… (A Wealth of Common Sense) Value Investors Struggle–What Happened? (csinvesting) The Dangers … Read More
TAM Stock Screener – Stocks Appearing in Greenblatt, Simons, Griffin Portfolios
One of the new weekly additions 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 … Read More
TAM Stock Screener – Undervalued Lam Research Corporation (NASDAQ: LRCX)
One of the cheapest stocks in our Large Cap 1000 Stock Screener is Lam Research Corporation (NASDAQ: LRCX). Lam Research (Lam) manufactures equipment used to fabricate semiconductors. The firm is focused on the etch, deposition, and clean markets, which are key steps in the semiconductor manufacturing process. Lam’s flagship Kiyo, Vector, and … Read More
Jim Rogers: “Anytime That You Think You’ve Become A Financial Genius—It Is Time To Sit Back And Do Nothing For A While”
One of our favorite investing books here at The Acquirer’s Multiple is – A Gift to My Children: A Father’s Lessons for Life and Investing, by Jim Rogers. Rogers co-founded the successful Quantum Fund with George Soros back in 1973. There’s a great passage in the book in which Rogers provides … Read More
Warren Buffett: How to Minimize Investment Returns
In their Berkshire Hathaway 2005 shareholder letter Warren Buffett provided a great illustration of how shareholders continually sabotage their investment returns saying: “Long ago, Sir Isaac Newton gave us three laws of motion, which were the work of genius. But Sir Isaac’s talents didn’t extend to investing: He lost a … Read More
Whitney Tilson: Analysis of Berkshire Hathaway’s Blowout Earnings
Over the weekend Whitney Tilson tweeted on Berkshire Hathaway’s blowout earnings saying: Berkshire reported blowout earnings this morning, with pretax operating earnings soaring 67%! We’ve posted our take here: https://t.co/VqfX6y4qIj. Our estimate of intrinsic value is now $348,000 for the A shares, meaning that BRK is trading at a 12% … Read More
Value Stocks Come Roaring Back From the Dead – Bloomberg
Here’s a great article at Bloomberg which discusses the possible shift back to value stocks as cracks start to emerge in momentum stocks thanks to earnings disappointments from companies such as Facebook Inc. and Netflix Inc saying: Cheap equities are in vogue at long last — lending a helping hand … Read More