This week’s best investing news: Predicting Growth (Verdad) Oaktree’s Howard Marks in ‘fireside’ chats, new funds on horizon (AFR) Dan Loeb’s Third Point builds stake in Colgate, sees value in pet food business in potential spinoff (CNBC) Alien Truth (Paul Graham) Bill Nygren Market Commentary | Third Quarter 2022 and … Read More
Peter Leyden – The Next Big Long Tech Boom
In their latest episode of the VALUE: After Hours Podcast, Brewster, Taylor, and Carlisle discuss Peter Leyden – The Next Big Long Tech Boom. Here’s an excerpt from the episode: Jake: Yeah. Sure. As I teased before this, here’s some potential optimism that we might look towards. What’s interesting about … Read More
This Acquirers Multiple Stock Appearing In Simons, Pzena, Gabelli 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
Dan Loeb: What The Smartest Man In America Told Me
In his recent Q3 2022 Letter, Dan Loeb explained what the smartest man in America told him. Here’s an excerpt from the letter: I am sympathetic to many of these economic and geopolitical concerns but amidst all the gloom, we are seeing very attractive valuations, particularly assuming an economic scenario … Read More
Ian Cassel: The Hardest Part About Dealing With Drawdowns
During his recent interview on The Investor’s Podcast, Ian Cassel discussed the hardest part about dealing with drawdowns. Here’s an excerpt from the interview: The hardest part about dealing with draw downs is it makes you more and more short-term instead of pushing out your time horizon. And so your … Read More
Why Has The EV/EBIT Spread Blown Out?
In their latest episode of the VALUE: After Hours Podcast, Brewster, Taylor, and Carlisle discuss Why Has The EV/EBIT Spread Blown Out?. Here’s an excerpt from the episode: Bill: What’s the EV to EBIT spread? You said that blew out? It’s got to be cyclicals– the TTM cyclicals got to … 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
Adam Smith: Constant Growth Cannot Continue Ad Infinitum
In Adam Smith’s book – The Money Game, he discusses why constant growth cannot continue ad infinitum. Here’s an excerpt from the book: There is one footnote to this business of looking at past and current success, and it is an arithmetic one. Again, our Senior Sisters may serve as … Read More
Warren Buffett: How To Determine If Someone Is A Great Capital Allocator
During the 2011 Berkshire Hathaway Annual Meeting, Warren Buffett was asked – how can we determine how good of a job you have done at allocating capital? Here’s an excerpt from the meeting: WARREN BUFFETT: Well, the real test will be whether the earnings progress at a rate that’s commensurate … Read More
The Reason Analysts Systematically Overshoot On Earnings
In their latest episode of the VALUE: After Hours Podcast, Brewster, Taylor, and Carlisle discuss The Reason Analysts Systematically Overshoot On Earnings. Here’s an excerpt from the episode: Tobias: I got a Verdad piece here. This is their most recent one. Sages of Wall Street. It’s called by Brian Chingono … 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
Mohnish Pabrai: Where To Start Your Company Analysis
During his recent interview with Mis Propias Finanzas, Mohnish Pabrai discussed his process for analysing a company. Here’s an excerpt from the interview: Pabrai: If I get past the VIC write-ups and I’m still interested. Usually if the company is giving us letters to shareholders, and it appears that those letters … Read More
Cathie Wood: Disruptive Innovation Will Be Valued At $210 Trillion By 2030
In her recent interview on The Investor’s Podcast, Cathie Wood explained why disruptive innovation will be valued at $210 Trillion by 2030. Here’s an excerpt from the interview: Wood: So we want to own innovation and you can’t just do that in the public world, but the public world given … Read More
Investors Are Extremely Bearish But Still Holding Stocks
In their latest episode of the VALUE: After Hours Podcast, Brewster, Taylor, and Carlisle discuss Investors Are Extremely Bearish But Still Holding Stocks. Here’s an excerpt from the episode: Tobias: Let’s just jump into that one really quickly, because it’s interesting since we’re talking about it. It’s from Callum Thomas. … Read More
Warren Buffett & Charlie Munger: Why We Still Invest In Capital Intensive Businesses
During the 2018 Berkshire Annual Meeting, Warren Buffett and Charlie Munger explained why they still invest in capital intensive businesses. Here’s an excerpt from the meeting: AUDIENCE MEMBER: Mr. Buffett, my name is Daphne Collier Starr (PH). I’m eight years old and live in New York City. I’ve been a … Read More
Annie Duke: How To Deal With Losing Stocks
During her recent interview on the Richer, Wiser, Happier Podcast, Annie Duke discussed how investors can deal with losing stocks. Here’s an excerpt from the interview: Exactly. And then put on top of it, there are particular states where you’re going to feel suboptimal that have to do with your … Read More
Bruce Berkowitz – 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 (S04 E36): Analysts Predicting Growth, Peter Leyden Futurism, Letter to the Fed
In their latest episode of the VALUE: After Hours Podcast, Bill Brewster, Jake Taylor, and Tobias Carlisle discuss: Investors Are Extremely Bearish But Still Holding Stocks The Reason Analysts Systematically Overshoot On Earnings Why Has The EV/EBIT Spread Blown Out? Peter Leyden – The Next Big Long Tech Boom Marketing … Read More
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 $ 1. MSFT … Read More
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 the top 10 worst performing Mega-Caps in the last twelve months: Symbol Name 1 Year Price Returns (Daily) 1. META Meta Platforms Inc -60.62% 2. NVDA NVIDIA … Read More