In their latest episode of the VALUE: After Hours Podcast, Tobias Carlisle, Jake Taylor, and John Rotonti Jr discuss: David Einhorn’s Shift in Value Investing Strategy: Prioritizing Cash Flow The Nygren Effect: 6x PE + Share Repurchases = 20% EPS Growth (Even Without Earnings Growth!) Murray Stahl’s Blueprint for Investing … Read More
Warren Buffett: Managerial Performance: Ditching the Yardstick or Fixing the Problem?
In his 1983 Berkshire Hathaway Annual Letter, Warren Buffett explains why operating earnings/equity capital ratio is a good measure of managerial performance for most companies, but it may not be ideal in all situations. He finds it suspicious when a company abandons this metric during poor performance, suggesting they might … Read More
Mohnish Pabrai: There’s Always A Bear Market Somewhere
In this presentation at Columbia Business School, Mohnish Pabrai explains how historical crashes can create long periods of low stock prices, discouraging investors. However, these periods can also be the best times to invest for long-term gains. He believes there are always opportunities somewhere in the world, even if the … Read More
Seth Klarman – 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
Coca-Cola Co (KO) 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, Alphabet Inc (GOOG). Profile Founded in 1886, Atlanta-headquartered Coca-Cola … Read More
This Week’s Best Value Investing News, Podcasts, Interviews (03/22/2024)
This week’s best investing news: Fundsmith 2024 Annual Shareholders’ Meeting (Fundsmith) Jeremy Grantham – Sustainability Or Bust: The Sheer Impossibility Of Eternal Compound Growth (GMO) Guy Spier – Survive and Thrive – Part 1 (RWH) 2023 Private Equity Fundamentals (Verdad) A memorial for Charlie Munger (diocesela) Meet the ‘Witch of Wall … Read More
10 Big-Name Stocks Near 52-Week Lows: Are They A Buy?
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 $ BA Boeing … 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) PODD Insulet Corp -47.50% ALB Albemarle Corp -41.63% … Read More
Why The Home Depot Inc (HD) 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: The Home Depot Inc (HD) Home Depot is the world’s largest … Read More
The Market Is So Bifurcated At The Top End
During their latest episode of the VALUE: After Hours Podcast, Carlisle, Taylor, and Bloomstran discussed The Market Is So Bifurcated At The Top End. Here’s an excerpt from the episode: Chris: I think even beyond the Mag 7, the market is so bifurcated at the top end of maybe 40 … Read More
This Acquirers Multiple Stock Is Undervalued, According to Simons, Greenblatt, Dalio
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
This Acquirers Multiple Stock Is Undervalued, According to Dalio, Greenblatt, Simons
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
Low-Debt, High-Yield Strategy: Beating the S&P 500 with Selective Investing
During their latest episode of the VALUE: After Hours Podcast, Carlisle, Taylor, and Bloomstran discussed Low-Debt, High-Yield Strategy: Beating the S&P 500 with Selective Investing. Here’s an excerpt from the episode: Christopher: Yeah. Well, the numbers are too fat for Facebook, and certainly for Microsoft’s Azure, AWS within Amazon. To … Read More
Warren Buffett: Turning Dark Clouds into Golden Opportunities
In his 2016 Berkshire Hathaway Annual Letter, Warren Buffett discussed his belief that the company’s normalized earning power per share will increase over time, despite fluctuations in actual earnings due to economic downturns or industry-specific events. This is achieved by reinvesting a significant portion of earnings to achieve this growth … Read More
François Rochon: The King of All Lessons For Investors
In his latest 2023 Annual Letter, François Rochon explains why trying to time the market is a futile exercise for investors. While some may be tempted to avoid the market due to economic fears, he emphasizes the importance of long-term ownership in quality companies, regardless of short-term fluctuations. Here’s an … 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
Market Frothiness: A 2021-Like Bubble
During their latest episode of the VALUE: After Hours Podcast, Carlisle, Taylor, and Bloomstran discussed Market Frothiness: A 2021-Like Bubble. Here’s an excerpt from the episode: Tobias: No, they’re good for you. Chris, this market was pretty loopy through 2021. Feels pretty loopy again to me now. Given that you … Read More
Jeremy Grantham: Beyond GDP: How Technology and Qualitative Growth Can Lead to a Better Future
In his latest paper titled Sustainability Or Bust: The Sheer Impossibility Of Eternal Compound Growth, Jeremy Grantham argues that focusing on GDP growth is not important. Even with a declining GDP due to shrinking population and reduced resource consumption, a high quality of life can be achieved through technological advancements … Read More
Bruce Berkowitz: From Bookmaking to Cash Flow Genius
During this interview with RWH, Bruce Berkowitz says the key to analyzing companies, especially financial institutions, is focusing on their cash flow. He learned this from his and his father’s experience running a bookmaking business. Despite the money he made, Berkowitz observed the destructive nature of gambling. Here’s an excerpt … 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