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
TAM Stock Screener – Stocks Appearing in Dalio, Greenblatt, Griffin Portfolios
Some 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
This Week’s Best Investing Reads 08/24/2018
Here is a list of this week’s best investing reads: $350 Discount for Acquirer’s Multiple Subscribers – Value Invest New York – Featuring Joel Greenblatt, Howard Marks, Robert Hagstrom, Dave Iben and others Sometimes (The Reformed Broker) The Half-Life of Investment Strategies (A Wealth of Common Sense) People vs. Companies (Collaborative Fund) Case Study on Managing … Read More
Howard Marks: 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
Steven Cohen: Investors Take Note! Model-Driven Companies Will Accelerate Away From The Pack Now That Software Has Become Ubiquitous
One of the investors we follow closely here at The Acquirer’s Multiple is Steven Cohen, founder and chairman at Point 72 Asset Management. According to their last reported 13F filing for Q2 2018, Point72 has $25.056 Billion in managed 13F securities. Cohen recently wrote a great article together with Matthew Granade, … Read More
Warren Buffett: In The World Of Mergers And Acquisitions, A Limping Horse Could Be Peddled As Secretariat
While all of the Berkshire Hathaway shareholder letters are a must read for investors, the 1995 letter is notable for two reasons. The first is Buffett’s explanation of Berkshire’s ‘Woody Allen’ approach to investing. The second is Buffett’s commentary on acquisitions saying: “In any case, why potential buyers even look … Read More
Michael Burry: Risk Is Not Defined By Volatility, But Rather By Ill-Conceived Investment
One of the investors we like to follow closely here at The Acquirer’s Multiple is Michael Burry, founder of Scion Asset Management, a company he liquidated in 2008 to concentrate on his own investments. Burry’s shareholder letters are some of the most insightful for investors. One of the best is … Read More
Charles Munger: 32 Books That Every Investor Should Read
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