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 are not currently in our screens, Berkshire Hathaway Inc (BRK.B). Profile Berkshire Hathaway is a … Read More
This Week’s Best Value Investing News, Podcasts, Interviews (11/10/2023)
This week’s best investing news: Oaktree: Full Return World with Howard Marks (OakTree) Bruce Berkowitz – Value Investing: Lessons Learned (WealthTrack) Ray Dalio – Investigating the Hidden Blue Economy (FII Institute) A Rule of Thumb for Terminal Multiples (Verdad) Rich Pzena: Embracing the loneliness mindset (Inside Adviser) The Most Exciting Market? Japan … Read More
Why Comcast Corp 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: Comcast Corp (CMCSA) Comcast is made up of three parts. The … Read More
Self-Serving Bias and Ant Mills: Are We Trapped in Mental Death Spirals?
During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, and Pavese discussed Self-Serving Bias and Ant Mills: Are We Trapped in Mental Death Spirals?. Here’s an excerpt from the episode: Tobias: JT, do you want to do your veggies before we–? Jake: Yes, sir. Tobias: Chris, we … Read More
Warren Buffett: Don’t Wait For Market Panics To Buy Great Companies
During the 1996 Berkshire Hathaway Annual Meeting, Warren Buffett discourages the strategy of waiting for market panics to buy great companies, comparing it to a mortician waiting for a flu epidemic, suggesting it may not be a reliable investment approach. Here’s an excerpt from the meeting: Buffett: Well I won’t … Read More
Jeremy Grantham: Real Estate Is In An Unsustainable Global Bubble
In this interview with The Compound, Jeremy Grantham explains why the real estate market has created a global bubble, causing house prices to skyrocket. He believes in the long run, house prices are expected to decrease due to the unsustainable nature of the market. Here’s an excerpt from the interview: … Read More
This Acquirers Multiple Stock Is Undervalued, According to Simons, Marks, And Greenblatt
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
Tech Cycles Through the Ages: From Telegraphs to EVs
During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, and Pavese discussed Tech Cycles Through the Ages: From Telegraphs to EVs. Here’s an excerpt from the episode: Chris: I think there’s a great chart, and I’ve got a letter keyed up that I wrote. I actually wrote … Read More
Ray Dalio: Learning From Financial Loss, Humility, And The Jungle
In this interview with Money Maze, Ray Dalio discusses the painful mistake that taught him the importance of not always assuming one is right and highlighted the greatest tragedy of individuals and humanity as a whole—confidently thinking they are right without stress-testing their ideas with the input of intelligent, dissenting … Read More
Howard Marks: Maximizing Investment Returns: A Balance of Equities and Credit
During his recent interview with Bloomberg, Howard Marks discussed the recent increase in high yield bond yields and how they can be competitive with equities when their yields are higher. He emphasizes the trade-off between the reliability of credit investments and the potential for equity investments to surprise on the … Read More
10 Big-Name Stocks Near 52-Week Lows: Are They A Buy?
Over the past twelve months a number of big named companies have been near or below their 52 week low price. Each week we’ll take a look at some of the biggest names currently close to their 52 week lows: Symbol Name Price $ 52 Week Low $ JNJ Johnson … 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
GLP-1 Hype vs. Reality: Analyzing the Winners and Losers
During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, and Pavese discussed GLP-1 Hype vs. Reality: Analyzing the Winners and Losers. Here’s an excerpt from the episode: Chris: So I’d love to talk. If you guys don’t mind, I’m going to use this time to pick your … Read More
Bruce Berkowitz: The Dangers of Investing In Heavily Regulated Industries
During his recent interview with WealthTrack, Bruce Berkowitz expresses hesitation about investing in highly regulated businesses where government decisions can significantly impact a company’s fate based on their perception of social good. Here’s an excerpt from the interview: Berkowitz: I am more hesitant to deal with highly regulated businesses, where … Read More
Warren Buffett: How Long Is The Right Time To Wait For Opportunities
During the 1998 Berkshire Hathaway Annual Meeting, Warren Buffett states that they haven’t found attractive investment opportunities in equities for a while. He also discusses how long investors should wait for the right opportunities. Here’s an excerpt from the meeting: Buffett: Well you’re correct that we have not found anything … 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: Symbol Name 1 Year Price Returns (Daily) ENPH Enphase Energy Inc -72.71% ALB Albemarle Corp … 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
In This Market Focus on Base Hits, Not Home Runs
During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, and Pavese discussed In This Market Focus on Base Hits, Not Home Runs. Here’s an excerpt from the episode: Chris: Things are getting interesting. Tobias: What’s interesting? What are you seeing that’s interesting? Chris: Well, I was listening … Read More
Howard Marks: A Dangerous Lesson: The More Risk You Take, The More Money You Make
During his recent interview on the OakTree Podcast, Howard Marks says looking ahead those who conduct better credit analysis and take less risk are likely to be rewarded. The period just behind us was an unusually easy period in which risk taking was rewarded. Here’s an excerpt from the interview: … Read More
Stanley Druckenmiller: The Stock Market Will Be A Stock Picker’s Market In 2024
During his recent interview with CNBC, Stanley Druckenmiller believes that the stock market will be a stock picker’s market in 2024, with a lot of volatility. He is not very good at picking stocks, but his young partners are, and they have done well in their shorts and longs this … Read More