Over the past twelve months ten Large-Cap stocks have underperformed all others. Here’s this week’s top 10 worst performing Large-Caps in the last twelve months: Name 1 Year Price Returns (Daily) Intel (INTC) -53.95% Walgreens Boots Alliance (WBA) -50.99% Celanese (CE) -50.10% Moderna (MRNA) -48.90% Dollar Tree (DLTR) -42.49% Humana … Read More
Which Superinvestors Hold Acquirer’s Multiple Stocks?
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, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and … Read More
Market Insights on Regional Banks
During their recent episode, Taylor, Carlisle, and Gwen Hofmeyr discussed Market Insights on Regional Banks. Here’s an excerpt from the episode: Gwen: So, there’s, of course, a lot less than there were in the 1980s, the savings and loan crisis of the 1980s. I don’t know if a lot of … Read More
Warren Buffett: We Prefer Businesses That Are Drowning In Cash
In the 2008 Berkshire Hathaway Annual Meeting, Warren Buffett explained that investment involves assessing an asset’s potential to generate future returns, focusing on its fundamentals rather than market speculation. He highlights the importance of understanding a business’s nature and financial statements to predict its future performance. Buffett shares his approach … Read More
Jeremy Grantham: System-Wide Financial Pain Ahead
In this interview with Rosenberg, Jeremy Grantham discusses the severe financial risks stemming from unprecedented debt levels and rising interest rates. He highlights $600 billion in unrealized banking losses and trillions of dollars in system-wide pain, with more likely to come. Grantham warns that devaluing multiple asset classes, such as … 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, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray … Read More
Lack of Institutional Coverage Creates Opportunities
During their recent episode, Taylor, Carlisle, and Gwen Hofmeyr discussed Lack of Institutional Coverage Creates Opportunities. Here’s an excerpt from the episode: Gwen: Yeah. And so, there’s an extremely valuable asset there, but there’s no institutional coverage of the company. And so, the market has never that I’ve observed– I … Read More
Warren Buffett’s Mindset – Would You Hold This Stock if the Market Closed for 5 Years?
During the 1997 Berkshire Hathaway Annual Meeting, Warren Buffett explained why he focuses more on the intrinsic value of businesses rather than market trends or capital flows. He dismisses the significance of who is buying or selling securities or macroeconomic indicators, such as market signals or Federal Reserve actions, as … Read More
François Rochon’s Formula for Finding Great Businesses
During this interview with MOI, François Rochon explains how he identifies great businesses through a combination of quantitative and qualitative analysis. He begins by reviewing past performance metrics such as return on capital, margins, debt levels, and profit quality to find strong companies. However, he acknowledges that past performance alone … 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, Prem Watsa, Jeremy Grantham, Seth Klarman, … Read More
Cyclical Compounders and Market Opportunities
During their recent episode, Taylor, Carlisle, and Gwen Hofmeyr discussed Cyclical Compounders and Market Opportunities. Here’s an excerpt from the episode: Gwen: So, I really love cyclical compounders, just because in the course of business, you’re just going to have these periods where there’s some broad uncertainty related that’s impacting … Read More
Warren Buffett: Why Acquisition Departments Don’t Work
During the 2019 Berkshire Hathaway Annual Meeting, Warren Buffett discusses Berkshire Hathaway’s approach to acquisitions, particularly in Europe, inspired by Eitan Wertheimer after the ISCAR purchase. Buffett emphasizes targeting sizable, well-established businesses, ideally family-owned for decades, that align with Berkshire’s philosophy. He avoids auctions or deals driven solely by maximizing … Read More
Howard Marks: When Investors Are Practicing Suspension Of Disbelief, It’s Dangerous
During this interview with Real Vision, Howard Marks discusses the risks of excessive optimism in financial markets, emphasizing how imprudent behavior drives prices too high based on overly favorable expectations, creating a risky environment. He recounts the distressed debt opportunities in 2002 following the telecom meltdown and scandals, which presented … Read More
Ray Dalio – 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 (S06 E45): Luxury Fashion, Conference Swag and Supermarket Land Value with Gwen Hofmeyr, Maiden
In their latest episode of the VALUE: After Hours Podcast, Tobias Carlisle, Jake Taylor, and Gwen Hofmeyr discuss: Cyclical Compounders and Market Opportunities Lack of Institutional Coverage Creates Opportunities Insights on Regional Banks Historical Analogies: The Hunt Brothers and Silver vs. Michael Saylor and Bitcoin Untangling Cyclical versus Secular Tiny’s … Read More
PepsiCo Inc (PEP) 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 is not currently in our screens, PepsiCo Inc (PEP). Profile PepsiCo is a global leader … Read More
Weekly Investing Roundup – News, Podcasts, Interviews (12/06/2024)
This week’s best investing news: Mohnish Pabrai’s Talk with GreenHaven Road Partners Fund (MP) Cliff Asness on Equity Investing, Taxes and AI (Bloomberg) Ken Griffin on the 2024 Election and What’s Next for the U.S. Economy (Dealbook) Verdad’s Most Read Research Articles from the Past Year (Verdad) Aswath Damodaran – … Read More
The Home Depot Inc (HD): Is It 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: The Home Depot Inc (HD) Home Depot is the world’s largest … Read More
Value Opportunities in Emerging Markets
During their recent episode, Taylor, Carlisle, and Juan Torres Rodriguez discussed Value Opportunities in Emerging Markets. Here’s an excerpt from the episode: Tobias: So, how do you characterize what you’re looking for? You’re looking for undervaluation, but you’ve maybe got the advantage that you can look– because you’re already looking … Read More
Warren Buffett’s Auto Racing Analogy for Business Survival
In his 2010 Berkshire Hathaway Annual Letter, Warren Buffett discussed the importance of financial stability, drawing a parallel between auto racing and business: to succeed, you must first survive. He warns against the risks of leverage, which amplifies gains but can lead to ruin when losses occur, as seen in … Read More