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 JNJ Johnson & Johnson … Read More
Stock In Focus – TAM Stock Screener – Meta Platforms Inc (META)
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: Meta Platforms Inc (META) Meta is the world’s largest online social … Read More
This Week’s Best Value Investing News, Podcasts, Interviews (9/2/2022)
This week’s best investing news: Abandoning Diversification (Verdad) We Just Can’t Help It (Jamie Catherwood) Howard Marks & Andrew Marks: Something of Value (Acquired) September Is The Worst Month For Stocks (Validea) Mohnish Pabrai: Getting Traction Without Funding (MP) The Great Disorder (Rudy Havenstein) Warren Buffett is turning 92 today, … Read More
Are We In The Eye Of A Hurricane?
In their latest episode of the VALUE: After Hours Podcast, Brewster, Taylor, and Carlisle discuss Are We In The Eye Of A Hurricane?. Here’s an excerpt from the episode: Jake: Yeah, I think just to go back to some of the ship and analogies there or boating, it’s not necessary, … Read More
10 Companies That Generate Huge Free Cash Flows (Non-Financial) @Ycharts
This week we take a look at some big named non-financial companies that generate huge ‘free’ cash flows compared to their market cap, using the price to free cash flow ratio (P/FCF). Price to free cash flow (P/FCF) is an valuation metric that compares a company’s per-share market price to its free cash flow (FCF). … Read More
Jeremy Grantham: Prepare For An Epic Superbubble Finale
In his latest article titled – Entering The Superbubble’s Final Act, Jeremy Grantham warns investors to prepare for an epic superbubble finale. Here’s an excerpt from the article: Previous superbubbles saw a much worse subsequent economic outlook if they combined multiple asset classes: housing and stocks, as in Japan in … Read More
Warren Buffett: How To Overcome Fear When Everyone Else Is Scared
During the 2010 Berkshire Hathaway Annual Meeting, Warren Buffett was asked how to overcome fear when everyone else is scared. Here’s his response: WARREN BUFFETT: The business of being scared, you know, I don’t know what you do about that. If you’re of that — if you have a temperament … Read More
This Acquirers Multiple Stock Appearing In Dalio, Pzena, 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
How Long Should You Look Back To Forecast Forward?
In their latest episode of the VALUE: After Hours Podcast, Brewster, Taylor, and Carlisle discuss How Long Should You Look Back To Forecast Forward?. Here’s an excerpt from the episode: Bill: Did we talk about a mailbag question about how many years should you look back and through cycle analysis? … 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
Tobias Carlisle: Most Investors Cannot Stomach A Lumpy 15% Return
In his recent interview on the Excess Returns Podcast, Tobias Carlisle explained why most investors cannot stomach a lumpy fifteen percent return. Here’s an excerpt from the interview: The benefit as I articulated before that if you go through a ’99/2000 type scenario or 2019/2020 type scenario the quality factor … Read More
Mohnish Pabrai: The Holy Grail Portfolio
In his recent presentation at the TiE Austin Speaker Series, Mohnish Pabrai discussed his Holy Grail portfolio. Here’s an excerpt from the presentation: Pabrai: One of the things that took me a long time to figure out like they say, old too soon and wise too late, is that basically … Read More
How Often Should You Underwrite Your Portfolio?
In their latest episode of the VALUE: After Hours Podcast, Brewster, Taylor, and Carlisle discuss How Often Should You Underwrite Your Portfolio?. Here’s an excerpt from the episode: Tobias: How do you even set up a new boat every day in a stock portfolio? Bill: I don’t know. Look, if … 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
Josh Wolfe: REdiscovering The Meaning Of Price
In his latest Q2 2022 Letter, Josh Wolfe discusses REdiscovering the meaning of price. Here’s an excerpt from the letter: Upside booms and downside busts share a common pattern: a diversity breakdown. Liquid and stable markets are formed by investors with diverse, diffuse and different dispositions, sentiments, styles, expectations, degrees … Read More
Howard Marks: The Investor’s Dichotomy
In his recent interview with the Acquired Podcast, Howard Marks discussed the investor’s dichotomy. Here’s an excerpt from the interview: Marks: You know, this points out a dichotomy in investing, or maybe a conundrum of which there are so many. Because what we just talked about was it’s important to … Read More
Bull, Bear, And Benign Return Paths From Here
In their latest episode of the VALUE: After Hours Podcast, Brewster, Taylor, and Carlisle discuss Bull, Bear, And Benign Return Paths From Here. Here’s an excerpt from the episode: Tobias: This is a market-level analysis from Man Group, Man Institute, I think is their research arm or something like that. … Read More
Vitaliy Katsenelson: Great Value Investing Requires Thoughtful Arrogance
In his recent article Vitaliy Katsenelson explains why great value investing requires thoughtful arrogance. Here’s an excerpt from the article: As the great American philosopher Mike Tyson said, “Everyone has a plan until they get punched in the mouth.” Theory gives you the game plan (buy more when the stock … Read More
Sanjay Bakshi: Sometimes The Best Investment Decisions End In Bad Outcomes
In his recent interview with Building Wealth With Rajeev, Professor Sanjay Bakshi discusses how sometimes the best investment decisions end in bad outcomes. Here’s an excerpt from the interview: So you have to be able to distinguish between a good process and outcomes. You will get bad outcomes even if … Read More
Seth Klarman – Top 10 Holdings – Q2 2022 – New Buys WBD, EDU, LSXMK, LSXMA, AMZN
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