During his recent interview with Tobias, Sahm Adrangi of Kerrisdale Capital discusses how he came across a number of successful opportunities in Chinese reverse merger frauds. Here’s an excerpt from the interview: Tobias Carlisle: So the first one that you’ve wrote about was China Marine. Do you remember China Marine? … Read More
(Ep.29) The Acquirers Podcast: Sahm Adrangi – Activist Shorts, Short Selling, And Event Driven Special Situations
Summary In this episode of The Acquirer’s Podcast Tobias chats with Sahm Adrangi of Kerrisdale Capital. Kerrisdale are well known for their activist shorts, short-selling, and event-driven special situation investing, characterized by deep research, and some great research reports which they very generously share with the market. Sahm provided some … Read More
TAM Stock Screener – Stocks Appearing in Greenblatt, Dalio, 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, … Read More
This Week’s Best Investing Articles, Research, Podcasts 9/20/2019
Here’s a list of this week’s best investing reads: The Cost of Waiting (Of Dollars and Data) Why Value Investing Works (Safal Niveshak) Yes, the Stock Market is Going to Crash (A Wealth of Common Sense) Why We Love to Call Everything a Bubble (Bloomberg) A Behavioral Prescription (The Irrelevant Investor) Insights on VC Pricing: … Read More
David Einhorn: 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
Schroders: Has Value Investing Been Disrupted?
Here’s an article from Schroders which discusses the impact of technology on traditional value investing: Disruption is a major theme in stock markets today with companies such as Amazon and Uber challenging the traditional approach to their respective industries. Such companies are an example of so-called “growth” stocks, with investors … Read More
Distressed Investing – How To “Paper’ A Deal Without Committing Light Treason
During his recent interview with Tobias, Thomas Braziel, the Founder of 507Capital, discusses how to ‘paper’ a deal without committing light treason saying: Thomas Braziel: In the area we work in or I work in, I feel like the hardest thing is papering stuff. People will say things, ‘How do … Read More
Seth Klarman: Investors Remain The Consummate Yield Gluttons!
In his 2004 Baupost Shareholder Letter, Seth Klarman made his thoughts clear on the inability of most investors to sit on the sidelines and hold cash when markets are expensive, saying: “In short, investors remain the consummate yield gluttons, seeking high return without regard for the likelihood of actually achieving … Read More
Invest Like David Tepper – Search For Stocks With ‘Cheap Optionality’
During his recent interview with Tobias, Thomas Braziel, the Founder of 507Capital, discusses the importance of searching for stocks with ‘cheap optionality’. Here’s an excerpt from the interview: Tobias Carlisle: What’s your overriding philosophy? I think that there are two principles. One is that you’re prepared to look anywhere. You’ve … Read More
Mohnish Pabrai: One Doesn’t Need To Have A Swiss Army Knife Approach To Investing
During his recent interview with MOI Global, Mohnish Pabrai explains how investors can successfully build plenty of wealth in investing with a narrow skill-set, saying: “One doesn’t need to have a Swiss Army Knife approach to investing. If you look at most entrepreneurs, they’ve created their wealth with an extremely … Read More
How To Turn A $20,000 Investment In A Bankrupt Stock Into Millions
During his recent interview with Tobias, Thomas Braziel, the Founder of 507Capital, discusses how he turned a $20,000 investment in a bankrupt stock into millions. Here’s an excerpt from the interview: Tobias Carlisle: The investment that I was referring to before, I think I got a little confused there. The … Read More
(Ep.28) The Acquirers Podcast: Thomas Braziel – Priority Position, Activism, Bankruptcy, And Off-The-Run Securities
Summary In this episode of The Acquirer’s Podcast Tobias chats with Thomas Braziel the Founder of 507Capital. 507 Capital specializes in providing liquidity globally by purchasing bankruptcy claims, distressed debt, fraud, liens, judgements, distressed assets, and frozen accounts. During the interview Thomas provided some great insights into: In Investing, Opportunities … Read More
TAM Stock Screener – Stocks Appearing in Dalio, Cohen, O’Shaughnessy 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 9/13/2019
Here’s a list of this week’s best investing reads: Why Value’s Long Slog May Finally Have Ended (Along With The Bull Market) (The Felder Report) The Power of Questions (Farnam Street) Re-Framing the Next Downturn (A Wealth of Common Sense) Tobias Carlisle Breaks Down The Growth Versus Value Ratio (tdameritradenetwork.com) What Happens … Read More
George Soros – 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
Just Who Is Satoshi Nakamoto?
In his recent interview with Tobias, Tyrone Ross Jr, who was recognized by Investment News 40 under 40 (2019) and WealthManagement.com as a top ten advisor set to change the industry in 2019, provides his thoughts on just who is Satoshi Nakamoto. Here’s an excerpt from the interview: Tobias Carlisle: I was … Read More
Charlie Munger: Don’t Invest Like A Lemming
Here’s an excerpt from the 2008 Berkshire Hathaway Meeting in which Munger and Buffett discuss how not to invest like a lemming, saying: WARREN BUFFETT: So with that, we’ll go right over to post number 1 and start in with the first question. AUDIENCE MEMBER: Very good morning to Mr. … Read More
Latest Research: Will Value Investing Ever Rebound?
Here’s a great new research paper titled – Explaining the Demise of Value Investing. The paper discusses the two major reasons for the demise of value investing and speculates on the likelihood of a resurgence. Here’s an abstract: The business press claims that the long-standing and highly popular value investing strategy—investing in … Read More
The Pluses And Minuses Of Facebook’s Libra
In his recent interview with Tobias, Tyrone Ross Jr, who was recognized by Investment News 40 under 40 (2019) and WealthManagement.com as a top ten advisor set to change the industry in 2019, discusses the positives and negatives of Facebook’s Libra. Here’s an excerpt from the interview: Tobias Carlisle: I think you … Read More
Joel Greenblatt: It Will Always Be Possible To Beat The Market, Here’s Why
Here’s an excerpt from a great interview between Joel Greenblatt and Howard Marks in which Greenblatt illustrates why it will always be possible to beat the market, saying: This is what I tell my students and most of my students are around 27ish or something like that. I tell them … Read More