(Image Courtesy, fortune.com) Bill Nygren has been a manager of the Oakmark Select Fund (OAKLX) since 1996, Oakmark Fund (OAKMX) since 2000 and the Oakmark Global Select Fund (OAKWX) since 2006. He joined Harris Associates in 1983 and served as the firm’s Director of Research from 1990 to 1998. Nygren … Read More
Why does value investing work? George Athanassakos – Ben Graham Chair in Value Investing
Dr. George Athanassakos is a Professor of Finance and the Ben Graham Chair in Value Investing at Ivey Business School, which he joined in July 2004. He is also the Founder & Director of The Ben Graham Centre for Value Investing. Athanassakos has been ranked among the top 10 researchers … Read More
Forget Wall Street! 5 Stages of a Humble Investing Strategy – James Montier
James Montier is a member of GMO’s Asset Allocation team. Prior to joining GMO in 2009, he was co-head of Global Strategy at Société Générale. Montier is an expert in behavioral investing and the author of several books including: Behavioural Investing: A Practitioner’s Guide to Applying Behavioural Finance Value Investing: Tools … Read More
14 Warning Signs That There’s Trouble In The 10K – Robert Olstein
Robert Olstein is Chairman and Chief Investment Officer of Olstein Capital Management and serves as Head Portfolio Manager of the Olstein All Cap Value Fund and Co-Portfolio Manager of the Olstein Strategic Opportunities Fund. Olstein has long been recognized as one of the financial community’s most astute research analysts and … Read More
What Lessons Did You Learn From Max Heine? – Michael Price
Michael Price is the President and Managing Partner at MFP Investors LLC, which he started in 1991. According to Whalewisdom.com, MFP Investors has just over $1 Billion in Assets Under Management. Price got his start when he was hired by Max Heine of the Mutual Series Fund after graduated from college. … Read More
The Bible On Capital Allocation plus His Checklist – Michael Mauboussin
There are a number of metrics that we use here at The Acquirer’s Multiple to establish a company’s valuation, quality and shareholder returns. One of my favorites, provided by our Deep Value Stock Screener, is Shareholder Yield. Shareholder Yield tells us what’s being returned to shareholders through a combination of dividends and … Read More
The Ten Attributes of Great Fundamental Investors – Michael J. Mauboussin
One of my favorite resources for sage advise on investing strategy is Michael J. Mauboussin. Mauboussin is the Head of Global Financial Strategies at Credit Suisse. Prior to rejoining CS in 2013, he was Chief Investment Strategist at Legg Mason Capital Management. Mauboussin is also the author of The Success Equation: Untangling … Read More
There are three central elements to a value-investment philosophy (Part 2) – Seth Klarman
Seth Klarman is a value investor and Portfolio Manager of the investment partnership, The Baupost Group. Founded in 1983, The Baupost Group now has $27 billion in Assets Under Management. Klarman is also the author of the best selling book “Margin of Safety” which sells for around $1000 on Amazon. One … Read More
The Opportunity For Value Investing Right Now Is One of The Best I’ve Ever Seen – Charles Brandes
(Image Courtesy, institutionalinvestor.com) Charles Brandes is the chairman of Brandes Investment Partners. He started the firm in 1974, and manages multiple portfolios including US equity and Global Equity. Brandes Investment Partners has $26.6 Billion in Assets Under Management, as of June 2016. He has described his value investing strategy as: “Guided by … Read More
Which Investing Style Is Better, Eddie Lampert or Seth Klarman? – Zeke Ashton
Zeke Ashton is the founder and managing partner of Centaur Capital Partners. Founded in 2002, Centaur Capital Partners specializes in value-oriented investment strategies. Prior to launching Centaur Capital, Ashton served as an investment analyst and featured writer for The Motley Fool, an investment media company. From 1995 – 2000, Ashton … Read More
How To Think About The Impact of Technlogy In Investing – Tom Gayner (Markel Corporation)
Tom Gayner is the Co-Chief Executive Officer at Markel Corporation, a holding company for insurance, reinsurance, and investment operations around the world. Markel has often been compared to Berkshire Hathaway in the way that it invests its insurance float in other businesses. Gayner has been a very successful value investor over the years. His equity portfolio … Read More
What Are The Three Components Of An Equity Investment’s Return – Mason Hawkins
(Image Credit, marcellusdrilling.com) Mason Hawkins has been Chairman and Chief Executive Officer of Southeastern Asset Management since 1975. Southeastern Asset Management is a privately owned, global investment management firm and the investment advisor to the Longleaf Partners Funds with over $20 Billion in Assets Under Management. Southeastern Asset Management have consistently … Read More
Deep Value Investing – Amit Wadhwaney
(Image Credit, youtube.com) Amit Wadhwaney is a Portfolio Manager and Co-Founding Partner at Moerus Capital Management LLC, and the founding manager of the Moerus Worldwide Value Fund. Wadhwaney has over 25 years of experience researching and analyzing investment opportunities in developed, emerging, and frontier markets worldwide, and has managed global … Read More
What Does It Take To Be A Successful Contrarian Value Investor – John Rogers
(Image Credit, cnbc.com) John Rogers is a true contrarian value investor. In 1983, Rogers founded Ariel Investments headquartered in Chicago. Since its inception, Ariel Investments has grown from 2 to 88 employees with $10.7 billion in Assets Under Management (2015). In 2008, he was awarded Princeton University’s highest honor, the Woodrow … Read More
Going For Too Much Certainty Can Hold You Back – There Is No Certainty – Glenn Greenberg
Glenn Greenberg is the founder and portfolio manager of Brave Warrior Capital. Previously, Greenberg ran Chieftain Capital Management, which he founded in 1984. Brave Warrior Capital has $3.2 Billion in Assets Under Management. Mr. Greenberg holds an English degree from Yale and is a graduate of Columbia Business School. When he … Read More
Look At Equities Like A Bond Buyer Would Look At Bonds – Donald Yacktman
(Image Credit, youtube.com) Donald Yacktman is the President and Co-Chief Investment Officer of Yacktman Asset Management Co. He’s also a Co-Manager for the Yacktman Funds. Yacktman Asset Management provides two no load funds, one diversified and one focused, aimed at providing a blend of growth and value investing. As of June … Read More
Human Nature Makes It Hard For Markets To Be Efficient – Seth Klarman
Seth Klarman is a value investor and Portfolio Manager of the investment partnership The Baupost Group. Founded in 1983, The Baupost Group now manages $27 billion in Assets Under Management, and has averaged returns of nearly 20% annually since their inception. Klarman is also author of the book “Margin of … Read More
Which Is The Best Pond to Fish In – Donald Smith
(Image Credit, youtube.com) Donald Smith is the CIO of Donald Smith & Co. He began his career as an analyst with Capital Research Company and subsequently worked at Capital Guardian Trust Co. According to Whalewisdom.com, Donald Smith & Co. has $4.46 Billion in assets under management. Over 30 years since inception Donald Smith … Read More
Charlie Munger Told Mohnish Pabrai – An Investor Only Needs To Do Three Things (Video)
Mohnish Pabrai is Managing Partner of Pabrai Investment Funds. Pabrai started with $1 million in 1999, and the Pabrai Funds has grown to over $400 million in assets under management. Pabrai also wrote The Dhandho Investor: The Low-Risk Value Method to High Returns, which is a comprehensive value investing framework for the … Read More
How To Find Good Businesses Using A Three-Legged Milking Stool – Chuck Akre
(Image Credit, dailymotion.com) Chuck Akre is the founder of Akre Capital Management LLC. His firm has $4.8 Billion in Assets Under Management (Form ADV from 2015-11-01). Akre uses a classic value approach in selecting companies for his portfolio. He likes to buy companies with strong business model demonstrating consistent earnings growth, high … Read More