In their recent episode of the VALUE: After Hours Podcast, Taylor, Mitchell, Brewster, and Carlisle discussed Animal Spirits. Here’s an excerpt from the episode: Tobias: Animal spirits. Mike: That’s right. That was the Fed coming in and saying, “I will not let this blow up.” It’s the liquidity. That’s what … Read More
Opportunities In ‘Battleground’ Stocks
During his recent interview on The Acquirers Podcast with Tobias, David Barr, President & CEO of Pender Capital Management discussed Opportunities In ‘Battleground’ Stocks. Here’s an excerpt from the interview: Tobias: How do you take the approach that you have which seems very suitable for small cap growth tech and … Read More
Steve Cohen: Adaptability Is Crucial For Successful Investing Over Decades
In his recent interview on the On Brand With Donny Deutsch Podcast, Steve Cohen says adaptability is crucial for successful investing over decades. Here’s an excerpt from the interview: I think the key is you can’t stay static. You have to be adaptable. You have to look forward. I’ve seen … Read More
One Stock Superinvestors Are Selling
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
Bill Miller: The Absurdity Of Forecasts
In his latest Q2 2021 Market Letter, Bill Miller highlights how absurd it is to try and forecast the future of markets, and includes recent forecasts by some well known investors. Here’s an excerpt from the letter: In the spirit of Justice Oliver Wendell Holmes’ remark that people need to … Read More
Finding Scalable Businesses Early
During his recent interview on The Acquirers Podcast with Tobias, David Barr, President & CEO of Pender Capital Management discussed Finding Scalable Businesses Early. Here’s an excerpt from the interview: David: Yeah. I would expand it. We’re ideally looking for capital-light business models. Technology is just aplenty with them as … Read More
Lean-Into-The-Pain Framework
In their recent episode of the VALUE: After Hours Podcast, Taylor, Mitchell, Brewster, and Carlisle discussed the Lean Into The Pain Framework. Here’s an excerpt from the episode: Mike: I think the thing that investors should– if you’re a single stock picker, if you’re not a single stock picker or … Read More
Mario Gabelli: Accumulating And Compounding Knowledge Is Key To Investing
In his latest interview on The Meb Faber Podcast, Mario Gabelli says investors need to accumulate and compound knowledge of certain industries in order to achieve outstanding results. Here’s an excerpt from the interview: Gabelli: We like to visit companies, and I’ve been able to visit three or four recently … Read More
Prem Watsa: Top 10 Holdings, Top Buys & Sells
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
Bill Nygren: Avoid Activist Investments
In his latest Q2-2021 Market Commentary, Bill Nygren says investors should avoid activist investments and invest only in those companies that are already well-managed. Here’s an excerpt from the commentary: Some investors like to buy shares in companies that are not maximizing long-term value and then fight for change. We … Read More
(Ep.120) The Acquirers Podcast: David Barr – Venture Value: Small And Micro Growth And Value With A Former VC
In this episode of The Acquirers Podcast, Tobias chats with David Barr, President & CEO of Pender Capital Management. During the interview David provided some great insights into: ‘Close The Discount’ Investing Uncovering The Best Capital-Light Businesses Early How To Generate Alpha In Markets Use Private Market Valuations On Public … Read More
The Evolution Of Berkshire’s Hurdle Rate
In their recent episode of the VALUE: After Hours Podcast, Taylor, Mitchell, Brewster, and Carlisle discussed The Evolution Of Berkshire’s Hurdle Rate. Here’s an excerpt from the episode: Jake: Now, you raised some really good points with that. I think it’s been interesting to watch the evolution of Berkshire and … Read More
Stock In Focus – TAM Stock Screener – Meritage Homes Corp (NYSE: MTH)
As part of our ongoing series here at The Acquirer’s Multiple, we provide this feature article titled ‘Stock in Focus‘ where we focus on one of the stocks from our Stock Screeners. One of the cheapest stocks in our Stock Screeners is Meritage Homes Corp (NYSE: MTH). Meritage Homes Corp is an … Read More
This Week’s Best Value Investing News, Research, Podcasts 7/9/2021
This week’s best investing news: The Airbnbs (PaulGraham) The Narrative Machine v3.0 (EpsilonTheory) Steve Cohen – America’s Most Profitable Day Trader (video) (FINAiUS) The Opposite of a Good Idea (FundooProfessor) Bold & Disciplined Management: RH’s Potential for Long-Term Growth (Polen) What Makes Buffett Great. Identifying Bubbles. Importance of Intrinsic Value & More (Validea) Comforts of … Read More
Warren Buffett: Selling Your Successful Investments Is Akin To The Bulls Trading MJ Because He’s Become Too Important To The Team
In his 1996 Chairman’s Letter, Warren Buffett provides a great example of why you should never sell portions of your most successful investments. Here’s an excerpt from the letter: Our portfolio shows little change: We continue to make more money when snoring than when active. Inactivity strikes us as intelligent … Read More
This Acquirers Multiple Stock Is Appearing In Cohen, Greenblatt, Simons, 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, Ray Dalio, … Read More
VALUE: After Hours (S03 E26): Fighter Pilots, Animal Spirits, Lean Into The Pain
In this episode of the VALUE: After Hours Podcast, Jake Taylor, Mike Mitchell, Bill Brewster, and Tobias Carlisle chat about: Fighter Pilots & Investing The Evolution Of Berkshire’s Hurdle Rate Animal Spirits Lean Into The Pain Framework Calculating Return Rates Listen To Dan McMurtrie What Will Happen During The Next … Read More
Steven Romick: Achieve Outstanding Results Buying Into Fear
In his latest interview on the Masters In Business Podcast, Steven Romick discussed how he achieved outstanding results buying into fear during the pandemic. Here’s an excerpt from the interview: RITHOLTZ: You are down 34 percent will do that, right? ROMICK: Some of the business we owned were people threw … Read More
One Stock Superinvestors Are Buying Or Holding
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
Don’t Capitalize Gains In Your Head
In their recent episode of the VALUE: After Hours Podcast, Taylor, Mitchell, Brewster, and Carlisle discussed Don’t Capitalize Gains In Your Head. Here’s an excerpt from the episode: Bill: One thing that I really admire about how Mike runs his stuff, and we’ve talked about this a fair amount, because … Read More