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 E31): Investor and Author Guy Spier On His Investment and Life Philosophies
In their latest episode of the VALUE: After Hours Podcast, Tobias Carlisle, Jake Taylor, and Guy Spier discuss: Why Warren Buffett’s $1 Trillion Success Wasn’t Just About the Money The Power of Honesty in Investing Why Investing Is an Infinite Game: Lessons from Warren Buffett How the Lollapalooza Effect Drives … Read More
VALUE: After Hours (S06 E30): Bloomberg’s Steve Hou on pricing power and analyst ratings turnarounds
In their latest episode of the VALUE: After Hours Podcast, Tobias Carlisle, Jake Taylor, and Steve Hou discuss: How The Pricing Power Index Identifies Market Leaders How The Analyst Rating Index Captures Market Improvers Bruce Lee’s Guide to Investing: Fluid Strategies and Relentless Focus The Crash Landing into a Marshmallow: … Read More
Costco Wholesale Corp (COST) 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, Costco Wholesale Corp (COST). Profile Costco operates a membership-based, … Read More
This Week’s Best Value Investing News, Podcasts, Interviews (08/30/2024)
This week’s best investing news: Howard Marks Memo: Mr. Market Miscalculates (OakTree) Guy Spier – On his investment and life philosophies (VAH) Ray Dalio Creating An AI Version of Himself (X) Four Warren Buffett Holdings That Also Pass His Quantitative Tests (Validea) Cliff Asness – Volatility Laundering in PE, Diversification, … 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
Georgism vs. The IRS: How Land Value Tax Could Replace Federal Taxes
During their recent episode, Taylor, Carlisle, and Asif Suria discussed Georgism vs. The IRS: How Land Value Tax Could Replace Federal Taxes, here’s an excerpt from the episode: Tobias: JT is going to do his vegetables. But when we come back, for the podcast there, lots of people asking about … Read More
Howard Marks: Investing Success Lies in Doing the Opposite of the Crowd
In his book – The Most Important Thing, Howard Marks explains that markets fluctuate between extremes, driven by the behavior of the crowd. Bull markets occur when more people are motivated to buy than sell, pushing prices higher. These extremes, however, signal inflection points where bullishness or bearishness reaches its … Read More
Warren Buffett: Don’t Wait for a Price Drop to Buy a Great Company
During the 1996 Berkshire Hathaway Annual Meeting, Warren Buffett discussed the value of investing in truly great companies that will remain strong for decades. He advises against trying to time the market or waiting for a financial crisis to buy stocks at a discount, as great companies are rare and … 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. Here’s this week’s top 10 worst performing Large-Caps in the last twelve months: Name 1 Year Price Returns (Daily) Walgreens Boots Alliance (WBA) -59.84% Albemarle (ALB) -52.47% Paycom Soft (PAYC) -42.59% Intel (INTC) -39.09% Estee Lauder Companies (EL) … 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, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, … Read More
Why Cannabis is Overtaking Alcohol: A 20-Year Transformation in America
During their recent episode, Taylor, Carlisle, and Asif Suria discussed Why Cannabis is Overtaking Alcohol: A 20-Year Transformation in America. Here’s an excerpt from the episode: Tobias: So, Aaron, the opportunity sounds pretty good. We’ve had this boom and bust that scared everybody away. There’s obvious problems to be resolved. … Read More
Warren Buffett: The Irrationality of Stop-Loss Orders in Investing
During the 1994 Berkshire Hathaway Annual Meeting, Warren Buffett recounts a conversation with NYSE specialist Jimmy Maguire about stop-loss orders on Berkshire Hathaway stock. He expresses confusion over why some investors would set a stop-loss order to sell at $15,500 when they wouldn’t sell at $16,000, highlighting the irrationality of … Read More
Dan Loeb: Finding Value in Overlooked Physical World Investments Amid Tech Disruption
In his latest Q2 2024 Letter, Dan Loeb emphasizes the importance of balancing investments between the digital and physical worlds. While digital investments in areas like hyperscalers, AI platforms, and semiconductors remain crucial, Loeb highlights the appeal of physical world investments, particularly in companies with strong competitive moats, unique products, … 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
U.S Cannabis Stocks Actually Trade In Canada
During their recent episode, Taylor, Carlisle, and Asif Suria discussed U.S Cannabis Stocks Actually Trade In Canada. Here’s an excerpt from the episode: Aaron: Anyway, so, that’s part of what gets me very bullish. But then there’s this weird thing, Tobias, that you need to understand is, because Canada federally … Read More
Warren Buffett: Why I Transitioned From Cigar Butts to Quality Companies
In his 1989 Berkshire Hathaway Annual Letter, Warren Buffett critiques the “cigar butt” investment approach, where buying a struggling company at a bargain price might yield short-term profit but ultimately disappoints due to mediocre long-term performance. He warns that initial advantages can be eroded by ongoing business issues and low … Read More
Howard Marks: It Only Takes A Few Emotional Investors To Move Markets
In his latest memo titled – Mr. Market Miscalculates, Howard Marks discusses how the market is driven by emotional, volatile investors who buy high during good news and sell low during bad news, causing prices to fluctuate significantly. However, only a small number of participants can create these dramatic price … 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
Cannabis: From a Schedule 1 Drug to Reducing Alcoholism and Workplace Injuries
During their recent episode, Taylor, Carlisle, and Asif Suria discussed Cannabis: From a Schedule 1 Drug to Reducing Alcoholism and Workplace Injuries, here’s an excerpt from the episode: Tobias: So, talk to us a little bit about the cannabis industry, because when the legalization happened, around 2020, 2019, something like … Read More