Seth Klarman – Top 10 Holdings Q1 2019

Johnny HopkinsStock ScreenerLeave a Comment

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

Wall Street’s Endangered Species

Tobias CarlisleStock Screener2 Comments

Twenty years ago in the spring of 1999, Piper Jaffray’s Daniel J. Donoghue, Michael R. Murphy and Mark Buckley*, produced a research report called Wall Street’s Endangered Species (the link is broken) that was hugely influential on my investment process. The thesis of the paper was that there were a … Read More

Value portfolios formed on price-to-earnings are underperforming glamour for the longest time *EVER* going back to 1951 — 9 years

Tobias CarlisleStock ScreenerLeave a Comment

The chart below shows the relative performance (blue, left-hand side) and underperformance from the nearest peak (orange, right-hand side) of equal-weighted decile portfolios formed on price-to-earnings from 1951 to April 2019. The blue line (left-hand side) is the cumulative value premium-the outperformance of value over glamour. The blue line is … Read More

This Week’s Best Investing Reads 5/17/2019

Johnny HopkinsStock ScreenerLeave a Comment

Here’s a list of this week’s best investing reads: Value Investing: Bruised By 1000 Cuts (GMO) Financial Superpowers (A Wealth of Common Sense) An Ode to the Ten Commandments of Investment Management (Mohnish Pabrai) Degrees of Confidence (Collaborative Fund) This Indicator Suggests It May Pay To Favor Gold Over Equities Going Forward (The Felder … Read More

Introducing Acquirers Funds®

Tobias CarlisleStock Screener8 Comments

We’ve launched a new investment firm called Acquirers Funds® to help you put the acquirer’s multiple into action. Acquirers Funds® Our investment process begins with The Acquirer’s Multiple®, the measure used by activists and buyout firms to identify potential targets. We believe deeply undervalued, and out-of-favor stocks offer asymmetric returns, with … Read More

Tweedy Browne Co LLC – Top 10 Holdings

Johnny HopkinsStock ScreenerLeave a Comment

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