Schroders: Has Value Investing Been Disrupted?

Johnny HopkinsValue InvestingLeave a Comment

Here’s an article from Schroders which discusses the impact of technology on traditional value investing: Disruption is a major theme in stock markets today with companies such as Amazon and Uber challenging the traditional approach to their respective industries. Such companies are an example of so-called “growth” stocks, with investors … Read More

Walter Schloss: It’s An Irrational World, So You Can’t Always Do Things Logically

Johnny HopkinsValue Investing, Walter J. SchlossLeave a Comment

Here’s an excerpt from a 1989 article featuring Walter Schloss titled – Searching for Value. In the article Schloss provides some great insights into the difficulty of investing logically in an irrational world: A value-minded investor. Schloss views his business as rational—finding securities that are objectively undervalued compared to their … Read More

OSAM: Here’s Why Value Factors Will Continue To Provide An Edge For Long Term Value Investors

Johnny HopkinsJames O’Shaughnessy, Value InvestingLeave a Comment

One of the firms that we like to follow closely here at The Acquirer’s Multiple is O’Shaughnessy Asset Management (OSAM), which is run by Jim and Patrick O’Shaughnessy and their team. OSAM recently released it Q218 Shareholder letter which provides some great insights on the future of value investing and why OSAM … Read More

Mario Gabelli: We’ll Use The Same Guiding Principles To Avoid Over-Paying For A Company’s Intrinsic Value And Lose Less During Market Manias

Johnny HopkinsMario Gabelli, Value InvestingLeave a Comment

One of the investors we follow closely here at The Acquirer’s Multiple is Mario Gabelli, Founder, Chairman and CEO of GAMCO Investors, Inc. Gabelli recently did a Q&A session with some folks at Reddit which provided some great value investing insights. Here’s an except from the thread on Reddit: Hello Reddit! … Read More

Is David Einhorn’s Underperformance A Sign That Value Investing Is Set to Return

Johnny HopkinsDavid Einhorn, Value InvestingLeave a Comment

Here’s a great article at CNBC which discusses the similarities between David Einhorn’s current performance and that of Julian Robertson’s Tiger Management back in 1999/2000. In terms of what Einhorn’s current performance means for the future of value investing, the article makes the following point: “The down-on-his-luck investor [Einhorn] may … Read More

Warren Buffett’s Three Best Investing Tips — Including ‘Margin of Safety’ — Explained

Johnny HopkinsValue Investing, Warren BuffettLeave a Comment

Here’s a great article at CNBC discussing Warren Buffett’s three best investing tips, including margin of safety: Warren Buffett believes investors should buy stocks within their “circle of competence” and at attractive values to succeed in the stock market. Buffett’s track record is unparalleled. From 1965 to 2017, Berkshire Hathaway’s … Read More