During his recent interview with TIP, Bill Nygren discussed how he’s finding lots of opportunities with the market down so much. Here’s an excerpt from the interview: Nygren: That bottom would be somewhere around October, and that’s basically what we went through. Now, of course, that’s no guarantee that we’re … Read More
Mohnish Pabrai: Investors Who Find Themselves At The Bottom Of A Deep Well Need A Long Rope To Get Out
In this interview with UNC Kenan-Flagler Business School’s Investment Management Club, Mohnish Pabrai explains why investors who find themselves at the bottom of a deep well need to have a long rope to get out. Here’s an excerpt from the interview: Pabrai: So one of my principles is that when … Read More
Howard Marks: Investors Who Can Control Their Emotions Benefit From Market Swings
In this interview with TV Tokyo, Howard Marks explains why investors who can control their emotions benefit from market swings. Here’s an excerpt from the interview: Marks: Einstein said that the definition of insanity is doing the same thing over and over and expecting different results. And if a forecaster … Read More
Terry Smith – 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
Merry Christmas & Happy New Year From The Acquirer’s Multiple Team (2022)
To all of our readers, subscribers, and followers on social we would like to thank you for your ongoing support and wish you all a Merry Christmas and a Happy New Year. We’ll be taking a short break and we’ll see you in 2023. Stay safe!
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 $ AAPL Apple … 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 -64.17% TSLA Tesla Inc … Read More
Stock In Focus – TAM Stock Screener – Cummins Inc (CMI)
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: Cummins Inc (CMI) Cummins is the top manufacturer of diesel engines … Read More
This Week’s Best Value Investing News, Podcasts, Interviews (12/23/2022)
This week’s best investing news: The Roundup: Top Takeaways From Oaktree’s Quarterly Letters – 4Q2022 (OakTree) A Sharper Signal Amid the Noise, Part II: Evidence from Europe (Verdad) Bill Ackman Says Fed’s 2% Inflation Target ‘No Longer Credible’ (Bloomberg) History, World Cups and Economics (Jamie Catherwood) Warren Buffett is beating … Read More
This Acquirers Multiple Stock Appearing In Gabelli, Simons, Greenblatt 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
GMO: ‘Emerging Value’ To Return 9% – 7 Year Asset Class Forecast
In their latest 7-Year Asset Class Forecast, GMO are predicting that ‘Emerging Value’ will be the standout for the next seven years, with a 9% return. The best returns in the bond market will come from ‘Emerging Debt’, which is forecast to return 3.5%. Here is a detailed analysis: Stocks … Read More
Warren Buffett: Starting Over – What I Would Have Done Differently
During the 2012 Berkshire Hathaway Annual Meeting, Warren Buffett discussed what he would have done differently if he had the chance to start over. Here’s an excerpt from the meeting: WARREN BUFFETT: Oh, I think you have all kinds of opportunities. I would probably do very much what I have … 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
Tom Gayner: Some Great Reasons For Not Selling A Stock
During his recent interview on The Boyar Podcast, Tom Gayner discusses some great reasons for not selling a stock. Here’s an excerpt from the interview: Gayner: Well if I can find the next Berkshire or the next Home Depot, not that much. One or two ideas a year really power … Read More
Jeffrey Gundlach: All The Major Trends Have Reversed
During his recent DoubleLine presentation with Felix Zulauf, Jeffrey Gundlach discusses how all of the major trends have reversed. Here’s an excerpt from the presentation: Felix mentioned that U.S stocks had outperformed foreign stocks, emerging market stocks in particular, for they’ll pass basically 10/15 years non-stop by multiple times, like four, … 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
Warren Buffett: You Need To Pay Up For Quality Businesses
During the 2013 Berkshire Hathaway Annual Meeting, Warren Buffett discussed the need to pay up for quality businesses. Here’s an excerpt from the meeting: WARREN BUFFETT: Well, we usually — we usually feel we’re paying too much. Isn’t that right, Charlie? (Laughs) But we find the business so compelling, the … Read More
Howard Marks: Nothing In The Investment Business Is Certain
During this discussion at Talks At GS, Howard Marks explains why nothing in the investment business is certain. Here’s an excerpt from the interview: Marks: I have a lot of respect for Peter Bernstein. First of all it kind of goes without saying but I’ll say it anyway, you can’t … Read More
Michael Mauboussin: 5 Principles Of Good Capital Allocation
In his latest paper titled – Capital Allocation – Results, Analysis, and Assessment, Michael Mauboussin discusses five principles of good capital allocation that can be used as a benchmark to assess management. Here’s an excerpt from the paper: 1. Zero-based capital allocation. Two empirical observations from the prior discussion are … Read More
Aswath Damodaran: Your Best Investment Philosophy Is The One That Fits You
During his recent interview with The Motley Fool, Aswath Damodaran explained why your best investment philosophy is the one that fits you. Here’s an excerpt from the interview: Damodaran: That’s why I end the book with a statement which is, the best investment philosophy is the one that fits you … Read More