In their latest episode of the VALUE: After Hours Podcast, Brewster, Taylor, and Carlisle discuss Value Spread Very Very Wide. Here’s an excerpt from the episode: Jake: Is that a good segue for the AQR value spread? Tobias: Yeah, it’s just a very simple chart from Asness. He says that, … 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
George Soros: The Boom/Bust Cycle Explained
In his book Soros On Soros: Staying Ahead Of The Curve, George Soros explains the boom/bust cycle. Here’s an excerpt from the book: Usually the process starts with a trend that is not yet recognized. When it becomes recognized, the recognition tends to reinforce it. In this initial phase, the … Read More
Seth Klarman: Avoidance Of Loss Is The Surest Way to Ensure A Profitable Outcome
In his book Margin Of Safety, Seth Klarman discusses why the avoidance of loss is the surest way to ensure a profitable outcome. Here’s an excerpt from the book: While no one wishes to incur losses, you couldn’t prove it from an examination of the behavior of most investors and … Read More
David Einhorn – Why Value Is Ripping!
In their latest episode of the VALUE: After Hours Podcast, Brewster, Taylor, and Carlisle discuss David Einhorn – Why Value Is Ripping!. Here’s an excerpt from the episode: Tobias: Let me do some choice lines from Einhorn’s letter. Jake: Yeah. Tobias: I tweeted this one out yesterday, but I like … Read More
Howard Marks: The Cardinal Sin Of Investing
In his recent Oakmark Insights Live interview, Howard Marks discussed the cardinal sin of investing. Here’s an excerpt from the interview: Marks: I really believe, and I’ve said a million times Anna, that getting out at the bottom, and failing to get in, as you say, is the cardinal sin … Read More
Jamie Dimon: This Is Not A Normal Recession
In his recent interview with Newsmakers, Jamie Dimon explained why this is not a normal recession. Here’s an excerpt from the interview: Host: You just mentioned all the other signs of strength in the economy, where do you fall in this debate about whether we’re in a recession or shortly … Read More
Rich Pzena – Top 10 Holdings – Q2 2022 – New Buys SSNC, C, BMY, TCOM, GIL
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 E028): Wide Value Spread, Einhorn on Value, Aggregate in Aggregate
In their latest episode of the VALUE: After Hours Podcast, Bill Brewster, Jake Taylor, and Tobias Carlisle discuss: Einhorn – Why Value Is Ripping! Value Spread Very Very Wide The Big Four Basic Key Materials Of The Modern World What Goes Into An Electric Vehicle The Best Way To Rebalance … 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: 1. AT&T Inc (T): Current Price $18.04/52 Week Low Price … Read More
10 Big Named Companies With Huge Free Cash Flows @Ycharts
This week we take a look at some big named 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). This … Read More
Stock In Focus – TAM Stock Screener – Stewart Information Services Corp (STC)
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: Stewart Information Services Corp (STC) Stewart Information Services Corp is a … Read More
Is Verizon Communications Inc (VZ) A Great Value Stock? @Ycharts
Based on the improved performance metrics which we recently added to our stock screens, Verizon Communications Inc (VZ) could be a great value stock: Verizon is primarily a wireless business (nearly 80% of revenue and nearly all operating income). It serves about 93 million postpaid and 23 million prepaid phone customers … Read More
This Week’s Best Value Investing News, Podcasts, Interviews (8/12/2022)
This week’s best investing news: Legendary investor Howard Marks on markets, economy and carried interest (CNBC) Berkshire Hathaway Q2 2022 Report (BH) Betting Against Expensive Junk (Verdad) Michael Burry of ‘Big Short’ Fame Says ‘Silliness’ in Markets Is Back (Bloomberg) Zero inflation last month! (Rudy Havenstein) The US-China Tit-For-Tat Escalations Are Very … Read More
Buy Now/Pay Later Looks Great In A Healthy Economy
In their latest episode of the VALUE: After Hours Podcast, Travis, Taylor, and Carlisle discuss Buy Now/Pay Later Looks Great In A Healthy Economy. Here’s an excerpt from the episode: Tim: I was just going to mention that I was reading a conference call today this morning from my errands, … Read More
This Acquirers Multiple Stock Appearing In Icahn, Dalio, 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
Jake Taylor: Which Type Of Investor Are You?
In his latest shareholder letter, Jake Taylor asks the question in a quick quiz – Which Type Of Investor Are You? Here’s an excerpt from the letter: Would you rather be associated with Stock Chart A that went up more than 500% in 15 months? Or Stock Chart B that … Read More
Terry Smith: We Still Haven’t Reached The ‘Capitulation Phase’
In his recent interview with the Master Investors podcast, Terry Smith explained why we still haven’t reached the ‘capitulation phase’. Here’s an excerpt from the interview: Smith: I think there’s more to come, it’s just gut feel actually. As you said I’ve been doing this for quite a long time … Read More
Market Sentiment Indicates We’re Close To The Bottom
In their latest episode of the VALUE: After Hours Podcast, Travis, Taylor, and Carlisle discuss Market Sentiment Indicates We’re Close To The Bottom. Here’s an excerpt from the episode: Tobias: Sure. But then, does that make it more like the early 2000s, where there was really no credit crisis. it … 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