(Image Credit: www.youtube.com) Like two heavyweight boxing champions, there’s been loads of tests and comparisons made between heavyweight stock screeners, The Acquirer’s Multiple (the method provided by the screens here) and The Magic Formula (which of course was developed by Joel Greenblatt). Here is one such article published by Lukas Neely, a … Read More
Minimizing Your Downside Risk – Ty Cobb Batted .367 Cos He Got On Base!
(Image Credit: http://www.outsidepitchmlb.com/) Like baseball, investing is more about safe hits that’ll get you on base rather than hitting home runs. The importance of calculating down-side risk rather than upside gains is one of the most overlooked concepts in stock market investing. Of course Warren Buffett is often quoted as saying, “Rule … Read More
Institutional Investors Are Delusional – Meb Faber (Hilarious)
(Image Credit: mebfaber.com) One of my favorite bloggers is Meb Faber @ mebfaber.com. Meb recently wrote an article called Institutional Investors Are Delusional, where he commented on a recent survey of 400+ real money institutional respondents asked to estimate the net returns they will receive from their hedge funds. The results astounded Meb and they … Read More
Hang out with losers if you want outstanding results in the stock market
(Image, Do You Have a Friend Who is a Loser? Get Rid of Em!, accessed 18 July 2016, http://persuasive.net/) Let’s face it, no-one wants to hang out with losers. But when its comes to investing, these are the exactly the types of stocks most likely to provide outstanding returns. The problem is … Read More
The Magic of Compounding Returns, The Tyranny of Compounding Costs – John Bogle
(Image, John Bogle on the Rise of Index Funds, accessed 16 July 2016, http://www.barrons.com/) Have you ever looked at the statement you receive from your investment manager and wondered, what the heck are they talking about! You think you’re getting good returns but it turns out you’re underperforming. The question is, WHY? … Read More
Beating the Market | 16 Rules by Walter Schloss, plus 3 more
(Image: The Walter Schloss approach to value investing, accessed 14 July 2016, http://vintagevalueinvesting.com/) The good news is that there’s thousands of websites that provide great information for new investors in the stock market. The bad news is that there are thousands more not providing such great information. If you’re new to … Read More
What Howard Marks taught me about macro-economics
(Image Credit, cnbc.com) Why is it that every time you pick up a newspaper or switch on the finance channel, some talking head is making a prediction on what’s likely to occur with macro-economic events like interest rates, currency rates, or movements in the stock market. The simple truth is, … Read More
To outperform in the stock market you will underperform
(PHOTO: Source http://changzw.com/) Part of being a value investor is understanding that your portfolio will underperform some of the time. I recently read an article on this very topic where Mohnish Pabrai was asked a question regarding investors following his Dhandho Investor strategy:
New Series – Contemporary Investing Gurus
Today, I’m starting a new series here at The Acquirer’s Multiple called Contemporary Investing Gurus. Over the past few years I’ve spent a lot of time reading articles, watching videos and listening to podcasts from some of the best investing minds in the world. Names like Joel Greenblatt, Mohnish Pabrai, Warren Buffett, Charlie Munger, … Read More