During their latest episode of the VALUE: After Hours Podcast, Kao, Taylor, and Carlisle discuss Warren Buffett Prefers Preferred Stock. Here’s an excerpt from the episode: Jake: Michael, what do you think about Buffett? He tended to do a lot more preferreds during that time period than just purely long … Read More
Stanley Druckenmiller: We Will Have Unbelievable Opportunities In The Next Coupla Years
During his recent interview at Sohn, Stanley Druckenmiller explained why we will have unbelievable opportunities in the next couple of years. Here’s an excerpt from the interview: Druckenmiller: I’m happy with a portfolio right now that is not net short or not net long and only about 60 percent gross, … Read More
Sam Zell: Property Investors Treated Property Like Jack And The Beanstalk
In his recent interview with TIP, Sam Zell explains why property investors are paying the price for treating property like Jack and the Beanstalk. Here’s an excerpt from the interview: Zell: But the vast majority of retail sales were not fancy dresses. They’re socks and underwear and shoes and all … Read More
Prem Watsa – 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 E18): Michael Kao, Urban Kaoboy; Alpha With Asymmetry; Capital Structure Arb
In their latest episode of the VALUE: After Hours Podcast, Michael Kao, Jake Taylor, and Tobias Carlisle discuss: Warren Buffett Prefers Preferred Stock Oil/Inflation/USD-Clash of the Titans – Fed vs OPEC+ Millions Will Lose Jobs Generating Alpha With Asymmetry When Inflation Gets Out Of Control Finding The Fulcrum Security After … Read More
This Week’s 10 Big Named Companies Near 52 Week Lows
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 $ BAC Bank … Read More
This Week’s 10 Worst Performing Mega-Cap Stocks Last 12 Months
Over the past twelve months ten Mega-Cap stocks have underperformed all others. Mega-Caps are defined by $200 Billion Market Cap or more. Here’s this week’s top 10 worst performing Mega-Caps in the last twelve months: Symbol Name 1 Year Price Returns (Daily) TSLA Tesla Inc -36.80% BAC Bank of America … Read More
5 Book Recommendations From Warren Buffett
Over the past couple of weeks we’ve been compiling our ’Best Of’ lists, including: 10 Of The Best Stock Market Investing Books For Beginners (2023) 10 Of The Best Investing Podcasts On The Planet (2023) 10 Of The Best Books On Stock & Business Valuation (2023) 10 Of The Best … Read More
This Week’s Best Value Investing News, Podcasts, Interviews (5/12/2023)
This week’s best investing news: 2023 Berkshire Hathaway Annual Meeting Full Video (CNBC) Jeremy Grantham on Rosenberg Research (GMO) Stanley Druckenmiller Sohn 2023 (Sohn) Warren Buffett’s Formula for Success: One Good Decision Every Five Years (WSJ) Aswath Damodaran – Breach of Trust: Decoding the Banking Crisis (MM) Diversification or Di-worse-ification? (Verdad) … Read More
Stock In Focus – TAM Stock Screener – Valero Energy Corp (VLO)
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: Valero Energy Corp (VLO) Valero Energy is one of the largest … Read More
Diversify Your Holdings Using The Weird Portfolio
During their latest episode of the VALUE: After Hours Podcast, VSG, Taylor, and Carlisle discuss Diversify Your Holdings Using The Weird Portfolio. Here’s an excerpt from the episode: Tobias: How does The Weird Portfolio deal with something like this? What’s the thinking behind The Weird Portfolio? VSG: So, the thinking … Read More
Mario Gabelli: Buy Stocks Like Warren Buffett
During his recent interview with Bloomberg, Mario Gabelli explained why you should buy stocks like Warren Buffett. Here’s an excerpt from the interview: Gabelli: First of all you got to do what Buffett says, which is patience, long-term, don’t worry about the short-term dynamics. If I own a farm out … Read More
Charles Munger: Some Investors Can’t Tell Their Best Ideas From Their Worst
During the recent Berkshire Hathaway Annual Meeting, Charles Munger explained why some investors can’t tell their best ideas from their worst. Here’s an excerpt from the meeting: Munger: I think one of the inane things that’s taught in modern University education is it a vast diversification is absolutely mandatory investing … Read More
Is It Wise To Take On Carl Icahn?
During their latest episode of the VALUE: After Hours Podcast, VSG, Taylor, and Carlisle discuss Is It Wise To Take On Carl Icahn?. Here’s an excerpt from the episode: Tobias: So, first cab off the rank IEP. Have you taken a look at IEP? You ever taken a look at … Read More
Jeremy Grantham: The 3 Areas To Own In U.S Equities Includes Deep Value
During his recent interview with Rosenberg Research, Jeremy Grantham discussed the three areas to own in U.S Equities. Here’s an excerpt from the interview: Grantham: But the main thing is avoid the U.S. Because of this rather strange, almost inexplicable bias. The U.S is so much more expensive this time … Read More
Cliff Asness – International Diversification—Still Not Crazy after All These Years
In his latest article titled International Diversification—Still Not Crazy after All These Years, Cliff Asness explains why investors should consider international diversification. Here’s an excerpt from the article: International diversification has hurt US-based investors for over 30 years, but the long-run case for it remains relevant. Both financial theory and … 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
The Gambler Who Cracked the Horse-Racing Code
During their latest episode of the VALUE: After Hours Podcast, VSG, Taylor, and Carlisle discuss The Gambler Who Cracked the Horse-Racing Code. Here’s an excerpt from the episode: Jake: All right. So, this week is entitled The Gambler Who Cracked the Horse-Racing Code. I always love these kind of gambling … Read More
Warren Buffett: There’s Been A Big Increase In Number Of People Doing Dumb Things
During his recent Berkshire Hathaway Annual Meeting, Warren Buffett discussed the reason why there will always be opportunities in investing is because there’s been a great increase in the number of people doing dumb things. Here’s an excerpt from the meeting: Buffett: I would argue that there’s gonna be plenty … Read More
Stanley Druckenmiller: Fiscal Recklessness Of The Last Decade Like Watching A Horror Movie
During his recent presentation at USC Marshall, Stanley Druckenmiller explained why the fiscal recklessness of the last decade has been like watching a horror movie. Here’s are some excerpts from the presentation: Druckenmiller: Let me give you some facts. The share of fiscal spending going to seniors has been growing dramatically … Read More