During his recent interview with EO Gurgaon, Mohnish Pabrai explained how Warren Buffett maximizes his investment returns without doing any heavy lifting. Here’s an excerpt from the interview: When I first encountered Buffett and I was reading about him, what I realized is basically what he had done is that … Read More
The Market’s Real Cheap
In their latest episode of the VALUE: After Hours Podcast, Brewster, Taylor, and Carlisle discuss The Market’s Real Cheap. Here’s an excerpt from the episode: Tobias: -I was trying to make was that there is always a reason to be scared in the market. And on the other hand, we’ve … Read More
One Stock Superinvestors Are Buying
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
Bruce Greenwald: Why It’s So Difficult To Value Companies
In this interview with MOI Global, Bruce Greenwald discusses why it’s so difficulty to value companies. Here’s an excerpt from the interview: Greenwald: Let’s talk a little about how you value growth because that’ll give you a feel for how hard it is and how important it will be to … Read More
Howard Marks: Investors Need Stamina To Resist Short-Term Temptations
In his recent interview with The Market, Howard Marks explained why investors need stamina to resist the temptation of responding to short-term influences. Here’s an excerpt from the interview: In the memo I Beg to Differ I make the point that you have to do something different from others if you … Read More
Do You Deserve Equity Returns?
In their latest episode of the VALUE: After Hours Podcast, Brewster, Taylor, and Carlisle discuss Do You Deserve Equity Returns?. Here’s an excerpt from the episode: Tobias: Yeah, I think so too. The article from Intrinsic Investing, Sean Stannard-Stockton, those guys, I just thought it was an interesting idea. The … Read More
Jeremy Grantham: Most Ancient Recession Predictor Indicates Recession Pending
In his latest letter, Jeremy Grantham says the most ancient recession predictor is indicating a recession is pending. Here’s an excerpt from the letter: Other factors suggesting a long or delayed decline include the fact that we start today with a still very strong labor market, inflation apparently beginning to … Read More
Warren Buffett: Any Blind Date Is Preferable To One With The Girl Next Door
In his 1987 Chairman’s Letter, Warren Buffett explained how investors make the mistake of choosing exotic-sounding businesses over the less exotic, boring ones. Here’s an excerpt from the letter: Gypsy Rose Lee announced on one of her later birthdays: “I have everything I had last year; it’s just that it’s … 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 E3): 3-10 Prophecy Fulfilled, Centralia Coal Fires and Inflation, Tech Layoffs
In their latest episode of the VALUE: After Hours Podcast, Bill Brewster, Jake Taylor, and Tobias Carlisle discuss: Do You Deserve Equity Returns? The Market’s Real Cheap 3-10 Prophecy Fulfilled How Did Apple Avoid Layoffs? Housing Crisis Porn Centralia Mine Fires Teach Us About Inflation Is 1970s-Style Inflation Coming Back? … 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 $ CVS CVS … 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) META Meta Platforms Inc -52.86% TSLA Tesla Inc … Read More
Stock In Focus – TAM Stock Screener – Ternium SA (TX)
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: Ternium SA (TX) Ternium SA is a flat steel producer operating … Read More
This Week’s Best Value Investing News, Podcasts, Interviews (1/27/2023)
This week’s best investing news: Jeremy Grantham – After A Timeout, Back To The Meat Grinder! (GMO) Ray Dalio – The Farce and Consequences of the Debt Limit and the Debt (Dalio) Dot-Com Redux (Verdad) How to Get New Ideas (Paul Graham) Taking Stock – In conversation with Howard Marks … Read More
Big Decade For Commodities Ahead
In their latest episode of the VALUE: After Hours Podcast, Brewster, Taylor, and Carlisle discuss Big Decade For Commodities Ahead. Here’s an excerpt from the episode: Tobias: If you look back the historical– So, late 1990s was tech and then first decade of the 2000s was value, which was probably … Read More
This Acquirers Multiple Stock Appearing In Dalio, Simons, Watsa Portfolios
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
Aswath Damodaran: The Biggest Mistake Investors Make
During his recent interview at the SKAGEN Funds New Years Conference 2023, Aswath Damodaran discussed the biggest mistake that investors make. Here’s an excerpt from the interview: I think most investors are traders, not traitors, but traders. In other words the essence of trading is you buy low, you sell … Read More
Terry Smith: ‘When The Police Raid The Bawdy House Even The Nice Girls Get Arrested’
In his recent 2022 Annual Letter, Terry Smith explained how sometimes good companies, with solid fundamentals, get taken down in a meltdown, together with their underperforming counterparts. Here’s an excerpt from the letter: Our highly valued and technology holdings did not fare as poorly as some of the companies which … Read More
The Inner Game – Managing Your Negative Mindset
In their latest episode of the VALUE: After Hours Podcast, Brewster, Taylor, and Carlisle discuss The Inner Game – Managing Your Negative Mindset. Here’s an excerpt from the episode: Jake: Okay. Let’s change gears now and talk about the Inner Game of Tennis. This is W Timothy Gallwey’s book. 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