Richard Zeckhauser: Mere Mortals Should Not Try To Imitate Warren Buffett or Bill Miller

Johnny HopkinsInvesting Strategy, Richard ZeckhauserLeave a Comment

Some years ago Richard Zeckhauser, a professor of political economy and bridge player, wrote a very interesting paper called – Investing in the Unknown and Unknowable (UU). His paper discusses how the wisest investors have earned extraordinary returns by investing in the unknown and the unknowable (UU). But they have done so on a reasoned, sensible … Read More

This Week’s Best Investing Reads 09/14/2018

Johnny HopkinsValue Investing NewsLeave a Comment

Here’s a list of this week’s best investing reads: Ser Jamie (The Reformed Broker) Trillion Dollar Toppers: Market Triggers, Value Drivers and Pricing Catalysts! (Aswath Damodaran) Is Software Eating Value Investing (A Wealth of Common Sense) Long-Term News (Collaborative Fund) Fraud, Lies, Social Proof, and the Will to Believe: Theranos (csinvesting) Comprehensive Review of EV/EBITDA (Michael Mauboussin) … Read More

Francis Chou: Value Investors Must Remain Confident When Your Strategy Does Not Appear To Be Working

Johnny HopkinsFrancis Chou, Investing StrategyLeave a Comment

One of the value investors we like to follow closely here at The Acquirer’s Multiple is Francis Chou, founder of Chou Associates Fund. Chou recently released his 2018 semi-annual report in which he urged value investors to stick with their value investing principles in the current market environment saying: “The … Read More

This Week’s Best Investing Reads 09/07/2018

Johnny HopkinsValue Investing News2 Comments

Here’s a list of this week’s best investing reads: The Decision Matrix: How to Prioritize What Matters (Farnam Street) I Quit My Dream Job Because There’s Sadly No Such Thing (Financial Samurai) The Unreachables (The Reformed Broker) What Does it Mean to be a Financial Expert? (The Irrelevant Investor) Lessons Learned Since the Financial Crisis (Validea) Could Index Funds Become Too … Read More

Bruce Flatt (Brookfield): “Being Contrarian And Not Being Where The Crowd Is Going – Is Hard To Do – But The Most Lucrative If Accomplished”

Johnny HopkinsBruce Flatt, Investing StrategyLeave a Comment

Here’s a great presentation from Bruce Flatt, CEO of Brookfield Asset Management, speaking to the folks at Google about – Durable Principles for Real Asset Investing. Flatt makes some great points on the importance of going against the crowd and maintaining a contrarian approach to investing saying: “We’ve always tried to adhere … Read More

David Einhorn: Greenlight Capital’s Big August Loss Compounds 2018 Woes

Johnny HopkinsDavid Einhorn, Investing StrategyLeave a Comment

Here’s an article at Institutional Investor which discusses David Einhorn’s ongoing underperformance. According to this article at Reuters – Billionaire investor David Einhorn’s Greenlight Capital hedge fund, whose bets on car companies General Motors and Tesla both moved against him in August, lost 7.6 percent this month, leaving the fund … Read More