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
This Week’s Best Investing Articles, Research, Podcasts 10/11/2019
Here’s a list of this week’s best investing reads: Recession is Coming, “Code Red” Yield Curve Indicator Seals the Deal (The Reformed Broker) Unified American Discourse (The Irrelevant Investor) Would the Market Care if the President Was Impeached? (A Wealth of Common Sense) Three Big Things: The Most Important Forces Shaping the World … Read More
Howard Marks: Q2 2019 Top 10 Holdings
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
Morgan Housel: Three Big Things – The Most Important Forces Shaping the World
Here’s a great new paper by Morgan Housel at The Collaborative Fund titled – Three Big Things – The Most Important Forces Shaping the World, which discusses the three ‘Big Things’ that will have a profound impact on coming decades because they’re both transformational and ubiquitous. Here’s an excerpt from … Read More
The Low Volatility Anomaly – Low-Volatility Stocks Have Higher Returns Than High-Volatility Stocks
https://www.youtube.com/watch?v=rUHqdIH56lU?start=2714 During his recent interview with Tobias, Lawrence Hamtil, Principal and author at Fortune Financial Advisors, discusses the low volatility anomaly – why low-volatility stocks have higher returns than high-volatility stocks, and how investors can take advantage of that. Here’s an excerpt from the interview: Tobias Carlisle: You raised it … Read More
Joel Greenblatt: How To Apply Value Investing In An Overvalued Market
The WSJ recently wrote an article titled – A Value Investor Defends Value Investing (Despite Its Recent Track Record), which includes a short interview with Joel Greenblatt. Greenblatt discusses his definition of value investing, whether there’s a secret sauce to the strategy, how to apply it in an overvalued market, and … Read More
Michael Mauboussin: 5 Ways That Investors Can Effectively Take Advantage Of Behavioral Inefficiencies
In Michael Mauboussin’s great research paper titled – Who Is On The Other Side, he provides five key insights into how investors can effectively take advantage of behavioral inefficiencies, which he listed as: Be Mindful Of Sentiment And Overextrapolation Rely On Valuation Lean On Facts Timing Or, Listen To Benjamin … Read More
Mid-Cap Stocks Sit In The Sweet Spot Of The Markets
https://www.youtube.com/watch?v=rUHqdIH56lU?start=1706 During his recent interview with Tobias, Lawrence Hamtil, Principal and author at Fortune Financial Advisors, discusses why mid-cap stocks are better performers and rebound more quickly than other sectors. Here’s an excerpt from the interview: Tobias Carlisle: One of the interesting things for me that came out of that … Read More
Daniel Kahneman: The Illusion Of Understanding – Just How Lucky Were The Founders Of Google
Here’s a great passage from Daniel Kahneman’s book – Thinking Fast and Slow, in which he discusses the ‘Illusion of Understanding’, illustrated by the role that luck had on the founders of Google saying: The trader-philosopher-statistician Nassim Taleb could also be considered a psychologist. In The Black Swan, Taleb introduced … Read More
The Sin Premium – Sin Stocks Can Be Very Profitable
https://www.youtube.com/watch?v=rUHqdIH56lU?start=2107 During his recent interview with Tobias, Lawrence Hamtil, Principal and author at Fortune Financial Advisors, discussed the ‘Sin Premium’ and how sin stocks can be very profitable. Here’s an excerpt from the interview: Tobias Carlisle: And one of the things that I’ve seen you speak about or tweet about … Read More
(Ep.31) The Acquirers Podcast: Lawrence Hamtil – Sector Bets In Value, Size, And International Stocks
Summary In this episode of The Acquirer’s Podcast Tobias chats with Lawrence Hamtil. Lawrence is a Principal and author at Fortune Financial Advisors which offers independent financial planning and wealth management services. During the interview Lawrence provided some great insights into: Why Investors Will Achieve Better Results By Focusing On Sectors, … Read More
TAM Stock Screener – Stocks Appearing in Marks, Greenblatt, Soros 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
This Week’s Best Investing Articles, Research, Podcasts 10/4/2019
Here’s a list of this week’s best investing reads: The 2019 S&P 500 Sector Quilt (A Wealth of Common Sense) WeWork Lessons That Apply To Lots of Stuff (Collaborative Fund) Externalities: Why We Can Never Do “One Thing” (Farnam Street) ‘Performance Chasing’—and Why It Can Be Perilous for Your Portfolio (Fortune) At What … Read More
Warren Buffett: The Price Of A Stock Doesn’t Tell You Anything About The Business
Here is Adam Smith, author of Supermoney, interviewing Warren Buffett back in 1985. Smith asks Buffett: “What do you do that’s different than ninety percent of the money managers who are in the market?” Here’s Buffett’s response: “Certainly most of the professional investors focus on what the stock is likely … Read More
Joel Greenblatt – Top 10 Holdings Q2 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
How To Create A Successful Finance Blog
https://www.youtube.com/watch?v=-cG2BvJQnJU?start=2388 During his recent interview with Tobias, Joshua Brown, CEO of Ritholtz Wealth Management, and author at The Reformed Broker Blog, discussed why he started and maintains his very successful investing blog saying: Tobias Carlisle: When I first discovered you, it was like December 2008, which was when I started … Read More
Seth Klarman: A Country Full Of Well-Trained Investors Would Make The Same Kind Of Mistakes That Investors Have Been Making Forever
In 2004 Louis Lowenstein wrote a paper titled – Searching for Rational Investors in a Perfect Storm in which Lowenstein attempted to measure the performance of 10 value managers through the turbulent market period of 1999-2003. Here’s an excerpt from the abstract: I decided to see how a group of ten … Read More
How To Successfully Adapt The Peter Lynch Style Of Investing In 2019
https://www.youtube.com/watch?v=-cG2BvJQnJU?start=72 During his recent interview with Tobias, Joshua Brown, CEO of Ritholtz Wealth Management, and author at The Reformed Broker Blog, discussed how you can successfully adapt the Peter Lynch style of investing in 2019 saying: Tobias Carlisle: First question: your own personal investment strategy. I’ve read your great post, … Read More
Robert Shiller: What People Say About the Economy Can Set Off a Recession
Here’s a great article written by Robert Shiller that appeared recently in The New York Times. Shiller illustrates how the spread of economic narratives drives human behavior in investing, and how it might impact the next recession saying: When will the next recession arrive? Economists are evaluating such factors as … Read More
Maybe It Really Is Different This Time! (Part 2)
https://www.youtube.com/watch?v=-cG2BvJQnJU?start=1316 During his recent interview with Tobias, Joshua Brown, CEO of Ritholtz Wealth Management, and author at The Reformed Broker Blog, discussed how maybe it really is different this time for investors. It’s a comprehensive and interesting discussion so we broke it down into two parts. This is Part 2 … Read More