Over the past twelve months a number of big named companies have been near or below their 52 week low price. Each week we’ll take a look at some of the biggest names currently close to their 52 week lows: Symbol Name Price $ 52 Week Low $ JNJ Johnson … Read More
The One Stock That Superinvestors Are Dumping: Is It Time to Sell?
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
The Druckenmiller Algorithm
During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, and Weber discussed The Druckenmiller Algorithm. Here’s an excerpt from the episode: Tobias: Scott, to what extent does the macro factor into what you guys are doing? If you’re fully exposed, probably not a great deal, but how … Read More
Warren Buffett: In Markets Wild Things Create Their Own Truth For A While
During the 2000 Berkshire Hathaway Annual Meeting, Warren Buffett says that he has seen everything in the markets, including companies selling for tens of billions of dollars that are worthless, and companies selling for 20% of their worth. He believes that in markets wild things create their own truth for … Read More
Rich Pzena: Value Investing: Finding Undervalued Stocks While Side-Stepping Value Traps
During his recent interview with The Inside Adviser, Richard Pzena discusses his way of assessing a company’s intrinsic value by estimating its ‘normalized earnings’, which is what the company is expected to earn over the long term. He also discloses how to deal with the risk of investing in value … Read More
Large-Cap Stocks In Trouble: Here Are The 10 Worst Performers Over The Past 12 Months
Over the past twelve months ten Large-Cap stocks have underperformed all others. Large-Caps are defined by $10 Billion Market Cap or more. Here’s this week’s top 10 worst performing Large-Caps in the last twelve months: Symbol Name 1 Year Price Returns (Daily) ENPH Enphase Energy Inc -74.78% ALB Albemarle Corp … Read More
The Undervalued Stock That Superinvestors Are Loading Up On
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
How to Build a Diversified Portfolio with Factor Investing
During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, and Weber discussed How to Build a Diversified Portfolio with Factor Investing. Here’s an excerpt from the episode: Tobias: You say that you’re diversified or potentially better diversification than the S&P 500. But how are you thinking about … Read More
David Einhorn: We’re On A ‘Buyers Strike’ Amid Geopolitical Tension
In his latest Greenlight Q3 2023 Letter, David Einhorn says he’s on a ‘buyers strike’ amid the current extreme levels of geopolitical tension which will lead to lower stock prices. At that point, he intends to be positioned to buy beaten-down stocks and some truly distressed debt, should the opportunity … Read More
John Malone: Serious Distress For Companies Ignoring Prudent Leverage
During his recent interview with Squawk on the Street, John Malone discusses the impact of interest rates on companies that have used debt leverage to boost up equity returns. He predicts potential distress in the industry for companies that did not leverage prudently. Here’s an excerpt from the interview: Malone: … Read More
Howard Marks – Top 10 Holdings – Latest 13F
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
VALUE: After Hours (S05 E41): Vaughan Nelson’s Scott Weber On Concentrated Large Cap Value Investing
In their latest episode of the VALUE: After Hours Podcast Jake Taylor, Tobias Carlisle, and Scott Weber discuss: How to Build a Diversified Portfolio with Factor Investing The Druckenmiller Algorithm The Magnificent 7: How Digital Ads Have Destroyed Other Forms of Advertising Why Fairfax’s Stock Price Has Tripled in Three … Read More
Berkshire Hathaway Inc (BRK.B) DCF Valuation: Is The Stock Undervalued?
As part of a new series, each week we typically conduct a DCF on one of the companies in our screens. This week we thought we’d take a look at one of the stocks that are not currently in our screens, Berkshire Hathaway Inc (BRK.B). Profile Berkshire Hathaway is a … Read More
This Week’s Best Value Investing News, Podcasts, Interviews (11/10/2023)
This week’s best investing news: Oaktree: Full Return World with Howard Marks (OakTree) Bruce Berkowitz – Value Investing: Lessons Learned (WealthTrack) Ray Dalio – Investigating the Hidden Blue Economy (FII Institute) A Rule of Thumb for Terminal Multiples (Verdad) Rich Pzena: Embracing the loneliness mindset (Inside Adviser) The Most Exciting Market? Japan … Read More
Why Comcast Corp Stock Is A Buy? Acquirer’s Multiple Stock Screener Analysis
As part of our ongoing series here at The Acquirer’s Multiple, each week we focus on one of the stocks from our Stock Screeners, and why it’s a ‘buy’ based on key fundamentals. One of the cheapest stocks in our Stock Screeners is: Comcast Corp (CMCSA) Comcast is made up of three parts. The … Read More
Self-Serving Bias and Ant Mills: Are We Trapped in Mental Death Spirals?
During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, and Pavese discussed Self-Serving Bias and Ant Mills: Are We Trapped in Mental Death Spirals?. Here’s an excerpt from the episode: Tobias: JT, do you want to do your veggies before we–? Jake: Yes, sir. Tobias: Chris, we … Read More
Warren Buffett: Don’t Wait For Market Panics To Buy Great Companies
During the 1996 Berkshire Hathaway Annual Meeting, Warren Buffett discourages the strategy of waiting for market panics to buy great companies, comparing it to a mortician waiting for a flu epidemic, suggesting it may not be a reliable investment approach. Here’s an excerpt from the meeting: Buffett: Well I won’t … Read More
Jeremy Grantham: Real Estate Is In An Unsustainable Global Bubble
In this interview with The Compound, Jeremy Grantham explains why the real estate market has created a global bubble, causing house prices to skyrocket. He believes in the long run, house prices are expected to decrease due to the unsustainable nature of the market. Here’s an excerpt from the interview: … Read More
This Acquirers Multiple Stock Is Undervalued, According to Simons, Marks, And Greenblatt
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
Tech Cycles Through the Ages: From Telegraphs to EVs
During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, and Pavese discussed Tech Cycles Through the Ages: From Telegraphs to EVs. Here’s an excerpt from the episode: Chris: I think there’s a great chart, and I’ve got a letter keyed up that I wrote. I actually wrote … Read More