In this interview with Chosun Ilbo, Howard Marks explains why waiting for the bottom to buy is a terrible idea. Here’s an excerpt from the interview: Marks: I don’t believe that we can say oh that’s cheap, that’s not cheap with certainty, all we can say for sure is that … Read More
Can Mega-Bears Happen If Everyone Knows It’s About To Happen?
In their latest episode of the VALUE: After Hours Podcast, Brewster, Taylor, and Carlisle discuss Can Mega-Bears Happen If Everyone Knows It’s About To Happen?. Here’s an excerpt from the episode: Tobias: Were you here for the Eye of the– We were talking about the eye of the storm. Was … 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
Michael Mauboussin: Look For Businesses That Have ‘Option Value’
In his recent interview with Motley Fool Money, Michael Mauboussin explains why investors should look for businesses that have ‘option value’. Here’s an excerpt from the interview: Michael Mauboussin: I think there are two big things to think about, and I’m sure this is what you guys are thinking about when … Read More
Stanley Druckenmiller: The Market Is Going To Be Flat For 10 Years
In his latest discussion with Palantir CEO Alex Karp, Stanley Druckenmiller explains why the market is going to be flat for ten years. Here’s an excerpt from the interview: Druckenmiller: Financial markets. First of all full disclosure, I’ve had a bearish bias for 45 years and it had to work … Read More
Trend Following Keeps You Out Of The Waterfall
In their latest episode of the VALUE: After Hours Podcast, Brewster, Taylor, and Carlisle discuss Trend Following Keeps You Out Of The Waterfall. Here’s an excerpt from the episode: Tobias: There’s a good response. “Every day I get a little more weighted toward trend following. I don’t want to be … 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
Joel Greenblatt: 3 Timeless Investing Principles
In his book – The Little Book That Still Beats The Market, Joel Greenblatt provides his three timeless investing principles. Here’s an excerpt from the book: But here comes the big finish. Remember how I told you this chapter was going to be hard to believe? That by using just … Read More
Mohnish Pabrai: Why It’s So Difficult To Replicate Warren Buffett’s Past Returns Today
During his recent interview with the CFA Society of Mexico, Mohnish Pabrai explained why it’s so difficult to replicate Warren Buffett’s past returns today. Here’s an excerpt from the interview: Pabrai: Charlie Munger tells me that if Warren and he was starting out today they could not do what they … Read More
Tera-Caps and Tech Outperformance
In their latest episode of the VALUE: After Hours Podcast, Brewster, Taylor, and Carlisle discuss Tera-Caps and Tech Outperformance. Here’s an excerpt from the episode: Tobias: Fellas, let me kick it off with these things. Jake: Yeah, bring it. Tobias: Because I just have some statistics. It’s not going to … Read More
Warren Buffett: Why We Don’t Do More Due Diligence
During the 2016 Berkshire Hathaway Annual Meeting, Warren Buffett and Charles Munger explained why they don’t do more due diligence when buying companies. Here’s an excerpt from the meeting: WARREN BUFFETT: Yeah. I get that question fairly often, sometimes — often from lawyers. In fact, our own — we talked … Read More
John Rogers: When To Sell Stocks
In his recent interview with The World According To Boyar, Jim Rogers discusses his sell strategy. Here’s an excerpt from the interview: Rogers: There’s two reasons we sort of touched on a little bit. One is the question, stocks get to be expensive. And typically when they’re getting expensive, they’re … Read More
Joel Greenblatt – Top 10 Holdings – Q2 2022 – New Buys EXC, IVV, GSPY, PEG, SPY
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 E32): Tera-Caps and Tech Outperformance; The Price of Time;
In their latest episode of the VALUE: After Hours Podcast, Bill Brewster, Jake Taylor, and Tobias Carlisle discuss: Tera-Caps and Tech Outperformance Trend Following Keeps You Out Of The Waterfall Michael Mauboussin: What Does a Price-Earnings Multiple Mean? Where Have All The Bear Market Hedges Gone? Warren Buffett Runs Berkshire … Read More
10 Big Named Companies Near 52 Week Lows @Ycharts
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. META Meta Platforms … Read More
Stock In Focus – TAM Stock Screener – The Home Depot Inc (HD)
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: The Home Depot Inc (HD) Home Depot is the world’s largest … Read More
This Week’s Best Value Investing News, Podcasts, Interviews (9/9/2022)
This week’s best investing news: Howard Marks Memo: The Illusion of Knowledge (OakTree) Pandemic, Recession, Roaring Twenties… Repeat? (Jamie Catherwood) Billionaire investor Bill Ackman: The Fed has to raise rates to 4% or more (CNBC) Warren Buffett’s Berkshire Offloads More Shares in Chinese EV Giant BYD (Yahoo) How to Invest (Verdad) … Read More
Howard Marks: It’s OK To Say “I Don’t Know!”
In his latest memo titled – The Illusion of Knowledge, Howard Marks explains why macro-forecasting is not helpful, and why it’s ok to say “I Don’t Know!”. Here’s an excerpt from the memo: “Confident” is the key word for describing members of this school. For the “I don’t know” school, … Read More
You Only Need One Good Investment In Life
In their latest episode of the VALUE: After Hours Podcast, Braziel, Taylor, and Carlisle discuss You Only Need One Good Investment In Life. Here’s an excerpt from the episode: Thomas: Have you guys are read the story about the guy that bought a–? It was a tiny $100 or $150 million … Read More
This Acquirers Multiple Stock Appearing In Dalio, Greenblatt, Simons 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