This week’s best investing news: What You Can Learn From Young Warren Buffett (WSJ) Ray Dalio on economic forces, division and the future (National News) Persistent Alpha: Lessons from the Pod Shops (Verdad) An Interview with Jeffrey Gundlach (Future Proof) Validea’s Top Benjamin Graham Stocks – December 2024 (Validea) What’s … Read More
The Undervalued Stock That Superinvestors Are Loading Up On
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, Prem Watsa, Jeremy Grantham, Seth Klarman, … Read More
Why Simplicity in REITs Wins
During their recent episode, Taylor, Carlisle, and Bill Lenehan discussed Why Simplicity in REITs Wins. Here’s an excerpt from the episode: Bill: I had been thinking about this idea for a decade when you used that example. And I have to admit, I had to look up what it was, … Read More
Weekly Investing Roundup – News, Podcasts, Interviews (12/13/2024)
This week’s best investing news: Ray Dalio’s Guide to All-Weather Investing in Uncertain Times (Investopedia) Bill Ackman: Stepping into the most pro-growth, pro-business administration in my adult lifetime (CNBC) The Humble Investor (Verdad) Mohnish Pabrai’s Presentation and Q&A at Boston College and Harvard Business School (MP) Large Cap or Value? … Read More
Historical Analogies: The Hunt Brothers and Silver vs. Michael Saylor and Bitcoin
During their recent episode, Taylor, Carlisle, and Gwen Hofmeyr discussed Historical Analogies: The Hunt Brothers and Silver vs. Michael Saylor and Bitcoin. Here’s an excerpt from the episode: Jake: Yeah. Break the streak. So, we’re going to go on a little journey together. Our story starts where many wild stories … Read More
Pabrai’s Ferrari Fumble: A Valuable Investment Lesson
In this interview with MIT, Mohnish Pabrai discusses a missed opportunity involving Fiat Chrysler and Ferrari. Despite being deeply involved in the analysis of Fiat Chrysler, he underestimated the potential value of Ferrari. He focused on the larger picture of the company’s overall valuation and earnings potential, neglecting the significant … Read More
Warren Buffett: We Prefer Businesses That Are Drowning In Cash
In the 2008 Berkshire Hathaway Annual Meeting, Warren Buffett explained that investment involves assessing an asset’s potential to generate future returns, focusing on its fundamentals rather than market speculation. He highlights the importance of understanding a business’s nature and financial statements to predict its future performance. Buffett shares his approach … Read More
Lack of Institutional Coverage Creates Opportunities
During their recent episode, Taylor, Carlisle, and Gwen Hofmeyr discussed Lack of Institutional Coverage Creates Opportunities. Here’s an excerpt from the episode: Gwen: Yeah. And so, there’s an extremely valuable asset there, but there’s no institutional coverage of the company. And so, the market has never that I’ve observed– I … Read More
Warren Buffett’s Mindset – Would You Hold This Stock if the Market Closed for 5 Years?
During the 1997 Berkshire Hathaway Annual Meeting, Warren Buffett explained why he focuses more on the intrinsic value of businesses rather than market trends or capital flows. He dismisses the significance of who is buying or selling securities or macroeconomic indicators, such as market signals or Federal Reserve actions, as … Read More
VALUE: After Hours (S06 E45): Luxury Fashion, Conference Swag and Supermarket Land Value with Gwen Hofmeyr, Maiden
In their latest episode of the VALUE: After Hours Podcast, Tobias Carlisle, Jake Taylor, and Gwen Hofmeyr discuss: Cyclical Compounders and Market Opportunities Lack of Institutional Coverage Creates Opportunities Insights on Regional Banks Historical Analogies: The Hunt Brothers and Silver vs. Michael Saylor and Bitcoin Untangling Cyclical versus Secular Tiny’s … Read More
Weekly Investing Roundup – News, Podcasts, Interviews (12/06/2024)
This week’s best investing news: Mohnish Pabrai’s Talk with GreenHaven Road Partners Fund (MP) Cliff Asness on Equity Investing, Taxes and AI (Bloomberg) Ken Griffin on the 2024 Election and What’s Next for the U.S. Economy (Dealbook) Verdad’s Most Read Research Articles from the Past Year (Verdad) Aswath Damodaran – … Read More
The Home Depot Inc (HD): Is It a Buy? – Acquirer’s Multiple Stock Screener Analysis
As part of our ongoing series here at The Acquirer’s Multiple, each week we focus on one of the stocks from our Stock Screeners, and why it’s a ‘buy’ based on key fundamentals. One of the cheapest stocks in our Stock Screeners is: The Home Depot Inc (HD) Home Depot is the world’s largest … Read More
Joel Greenblatt: My Largest Positions Are The Ones I’m Confident Won’t Lose Money
During this interview with Howard Marks, Joel Greenblatt recounts an investment that inspired the creation of the Value Investors Club. During a period when he managed only personal capital, he identified a company selling at half its cash value with a strong business attached. The investment was particularly compelling due … Read More
The One Stock That Superinvestors Are Dumping: Is It Time to Sell?
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, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray … Read More
Value Investing Masterclass: Greenblatt & Pzena – Excess Financial Leverage And Value Investing are Not Good Bedfellows
In their recent Value Investing Masterclass, Rich Pzena and Joel Greenblatt discuss all things value investing including their days spent worked together on a Ben Graham paper in college. During the interview Rich Pzena also discusses his thoughts on why value investing and excess financial leverage are not good bedfellows. … Read More
Is The Slowdown In Mean Reversion The Reason That Value Investing Has Lost It’s Edge?
Late last year Baruch Lev from the New York University and Anup Srivastava from the University of Calgary wrote a paper titled – Explaining the Recent Failure of Value Investing, which provides their explanations on why value investing has lost it’s edge in the past twelve years. One of the main … Read More
First Eagle: The Timeless Advantage of Value Investing
Here’s a great interview at Advisor Perspectives with the value investing firm First Eagle titled – The Timeless Advantage of Value Investing. During the interview the First Eagle team was asked – can the success of value investing persist when so many investors have been schooled in the works of … Read More
Pzena Investment Management: Webinar EM Value: How Trade Wars Create Opportunities in Emerging Markets
Here’s a great little webinar from value investing firm – Pzena Investment Management which discusses how trade wars create opportunities in emerging markets saying: “This is a particularly interesting time to invest in emerging markets. Global trade wars have created opportunities where companies with strong competitive positions are caught in … Read More
FT: Has The Value Investing Fightback Begun?
Here’s a great article from The Financial Times titled – Has the value investing fightback begun?, which discusses whether value investing is making a fightback as US value stocks have gained almost 10 per cent since the beginning of September. Here’s an excerpt from that article: Like an ageing, unfancied … Read More
What Do The Top Value Funds Have in Common?
Over the past two days we posted Part 1, and Part 2 of Morningstar’s three part series on Value Investing. Following is the final part in the series which examines the common themes linking the top value funds during the past several years. Here’s an excerpt from that article: Which … Read More