Here’s some of this week’s best investing reads: Full Interview with Warren Buffett (CNBC) The Benefits of Being a Psychopath (A Wealth of Common Sense) Hitting The Target (Marketfox) Short Term Momentum and Long Term Reversals Can Coexist (Alpha Architect) Value: Dead or just slumbering? (Advisor Perspectives) When is a P/E not a PE: Case Study in Indexing (csinvesting) … Read More
Undervalued Juniper Pharmaceuticals FCF/EV Yield 22%, ROE 20% – Small & Micro Cap Stock Screener
One of the cheapest stocks in our Small & Micro Cap Stock Screener is Juniper Pharmaceuticals Inc (NASDAQ:JNP). Juniper Pharmaceuticals Inc (Juniper) is a women’s health therapeutic company focused on developing therapeutics that address unmet medical needs in women’s health. It offers technical services to the pharmaceutical and biotechnology industry. A quick look … Read More
Successful Investing Means Living With Discomfort – Montier, Mauboussin
There is no question that the life of a successful investor can be an uncomfortable and solitary one. Hence the reason why so many investors underperform by picking the ‘good news’ stocks and following the crowd. For some reason we find it easier to accept a mistake if we invest … Read More
Undervalued Celestica Inc FCF/EV Yield 16% – All Investable Stock Screener
One of the cheapest stocks in our All Investable Stock Screener is Celestica Inc (NYSE:CLS). Celestica Inc (Celestica) is a US-based EMS company. It delivers supply chain solutions to customers in the communications, industrial, aerospace and defense, healthcare, solar, semiconductor equipment and other sectors. A quick look at Celestica’s share price history over … Read More
Here’s How Charlie And Warren Calculate Intrinsic Value Differently To Everyone Else
One of the biggest problems facing investors is the calculation of intrinsic value. There has been much written about the correct way to calculate intrinsic value but one of the best explanations can be found in the book Charlie Munger: The Complete Investor, by Tren Griffin. The book provides the essential … Read More
Value Investing Having Its Worst Run Since The Financial Crisis – WSJ
If you’re wondering why your value investing strategy is under-performing you’ll be interested in this interview by Charlie Turner at Your Money Matters and The Wall Street Journal’s Steve Russolillo regarding the current under-performance of value investing. Russolillo says value funds globally are on track to post their worst performance this … Read More
11 Lessons On How To Overcome Behavioral Investing Traps – Richard Thaler
One of our favorite academics here at The Acquirer’s Multiple is Richard Thaler. Thaler is a Professor of Economics and Behavioral Science at the Booth School of Business, University of Chicago. The reason that we like him is he’s an expert in behavioral finance. Basically that means understanding why people make irrational financial decisions in … Read More
25 Timeless Investing Lessons From Seth Klarman
One of our favorite investors here at The Acquirer’s Multiple is of course Seth Klarman. Klarman is one of the smartest investors on the planet and he’s always been very open in sharing his insights with other investors. While Klarman has provided dozens of investing lessons over the years via … Read More
Returns to The Acquirer’s Multiple® Screeners and The Best Value Stocks
[View the story “Week Beginning August 28th, 2017” on Storify]
This Week’s Best Investing Reads – Curated Links
Here are this week’s best investing reads: When to Sell Your Investments (A Wealth of Common Sense) Have We Learned Nothing From The Financial Crisis? (The Felder Report) The investing secrets of hedge fund legend Seth Klarman: ‘Never hold on for the last nickel’ (CNBC) How a New Audit Rule Could Bring Sunshine to U.S. … Read More
Here’s Why Facebook Inc Remains Overvalued
One of the stocks that is not included in our deep value Stock Screeners is Facebook Inc. (NASDAQ:FB). Facebook Inc (Facebook) is the world’s largest online social network. Its products are Facebook, Instagram, Messenger, WhatsApp, and Oculus. Its products enable people to connect and share through mobile devices and personal … Read More
Patrick O’Shaughnessy Interviews Pat Dorsey – Buying Companies With Economic Moats
Here’s a great interview by Patrick O’Shaughnessy with Pat Dorsey called – Buying Companies With Economic Moats. The interview provides great insights into the four components of an economic moat, and how to analyze these four components into an investing framework that can be built into an investing strategy. You can find … Read More
Beaten Down Value Stocks Are Less Riskier Than You Think, Here’s Why – Josef Lakonishok
Of of the firms we follow closely here at The Acquirers Multiple is LSV Asset Management. Josef Lakonishok is the Chief Executive Officer and Chief Investment Officer of LSV Asset Management where he heads the research and investment team and is involved in all portfolio management and research functions. Lakonishok’s … Read More
Here’s Why Apple Inc Remains Overvalued
Normally I would provide readers with analysis on one of the stocks included in our deep value Stock Screeners but today I thought I would provide analysis on one of the stocks that is not included in the screens to demonstrate why it’s overvalued. Today’s overvalued stock is Apple Inc. (NASDAQ:AAPL). … Read More
If You’re Having Trouble Finding Undervalued Stocks Today, Here’s One Reason Why – GMO
GMO recently released a white paper titled The S&P 500: Just Say No, by Matt Kadnar and James Montier. The paper questions the validity of throwing in the towel and simply indexing all of our equity exposure to the S&P 500. Of particular interest to us here at The Acquirer’s Multiple is Montier’s … Read More
Find A Simple Strategy With An Acceptable Level Of Risk And Stick With It – What Works On Wall Street
One of the best investing books ever written is What Works On Wall Street by James O’ Shaughnessy. The book is full of a number of investing gems but one which struck a chord with me was O’ Shaughnessy’s advice on finding a simple evidence based strategy, with an acceptable … Read More
Undervalued SSR Mining FCF/EV Yield 16%, ROIC 20% – All Investable Stock Screener
One of the cheapest stocks in our All Investable Stock Screener is SSR Mining Inc (NASDAQ:SSRM). SSR Mining Inc (SSR), is a Vancouver-based mining company focused on the operation, development, exploration and acquisition of precious metal projects. A quick look at SSR’s share price history over the past twelve months shows that the price … Read More
Howard Marks – Eleven Ways To Avoid Pitfalls That Will Crush Your Performance
One of our favorite Superinvestors here at The Acquirer’s Multiple is Howard Marks. In his book, The Most Important Thing, Marks provides eleven lessons for avoiding pitfalls that will crush your portfolio’s performance. Here’s an excerpt from the book: The essential first step in avoiding pitfalls consists of being on the … Read More
Seth Klarman – The Real Secret To Investing Is That There Is No Secret To Investing
One of our favorite investors here at The Acquirer’s Multiple is Seth Klarman and one of the best articles ever written by Klarman is the comprehensive preface that he wrote in the 6th Edition of the value investing bible, Security Analysis. In his closing thoughts Klarman explains that as long … Read More
Returns to The Acquirer’s Multiple® Screeners and The Best Value Stocks
[View the story “Week Beginning August 21st, 2017” on Storify]