One of our favorite investors here at The Acquirer’s Multiple is Mohnish Pabrai. Pabrai is the Founder and Managing Partner of the Pabrai Investments Funds, the Founder and CEO of Dhandho Funds, and the author of The Dhandho Investor and Mosaic: Perspectives on Investing. One of the best Pabrai interviews … Read More
The Definitive Guide On Identifying Companies With An Economic Moat – Warren Buffett
With so much talk about a company’s economic moat it’s important to recognize how to clearly identify a moat, understand how wide it is, and figure out how long it will remain in place. One of the best papers ever written on the subject is Michael Mauboussin’s – Measuring the … Read More
Even The Most Intelligent Investors Succumb To Human Frailty – Including Ben Graham
I’ve just finished a great little book called – Benjamin Graham: The Memoirs of the Dean of Wall Street. It’s a fantastic read about the father of value investing, Ben Graham. While a lot has been written about the investing insights of Graham it was interesting to read the following passage … Read More
The Three Most Important Investing Lessons For Young Investors – Bill Miller
Back in 2015, legendary investor and LMM Chairman and CIO Bill Miller, shared his three most important investing lessons for student investors at the Engage conference. The lessons are applicable to all investors, not just the young.
How To Build A Successful Investment Firm – 210 Guiding Principles – Ray Dalio
One of our favorite investors at The Acquirer’s Multiple is Ray Dalio. Dalio is the Chairman of the largest hedge fund in the world, Bridgewater Associates. One of the best papers ever written by Dalio is the abbreviated version of what he calls his “Principles”, which provides 210 guiding principles … Read More
How Does Warren Buffett Stay At The Top Of His Game
So it appears that if you want to best investor in the world you have to have a few quirks. As you can see from this video on CNBC: However, while he may be a little quirky that’s not the main reason that sets him apart from other great investors … Read More
Here’s How Successful Investors Put The Odds Squarely In Their Favor – Charles Munger
One of the best investing speeches ever given was – A Lesson on Elementary, Worldly Wisdom As It Relates To Investment Management & Business, by Charles Munger. In particular are Munger’s insights into investing in the stock market being a lot like betting at the race-track, which uses a system called … Read More
Timeless Investing Lessons From Prem Watsa
One of our favorite investors here at The Acquirer’s Multiple is Prem Watsa. Watsa founded Toronto-based financial services firm Fairfax Financial Holdings in 1985 and remains its chairman and CEO. He has been called, The Canadian Warren Buffett. Over the years Watsa has provided some great insights on how to … Read More
Returns to The Acquirer’s Multiple® Screeners and The Best Value Stocks
[View the story “Week Beginning September 4th, 2017” on Storify]
This Week’s Best Investing Reads
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