Blog
Page 45
VALUE: After Hours (S07 E37): Performance Is Subordinate to SurvivalDuring their recent episode, Taylor, Carlisle, and Luca Dell’Anna discussed Performance Is Subordinate to Survival. Here’s an excerpt from the episode: And from him, I’ve learne…
Cliff Asness on Behavioral Investing: “Markets Are Voting Mechanisms”In the Capitalism and Freedom Podcast, Cliff Asness traces a lifetime of market thinking shaped by both data and humility. “My entire career was in some sense a lucky break,” he…
Guy Spier (Aquamarine Zurich AG) – Q3 2025 13F Portfolio ReviewIn the most recent 13F filing, Guy Spier’s Aquamarine Zurich AG reported a portfolio valued at $317.37 million, with the top five holdings accounting for 77.64 % of total assets…- VALUE: After Hours (S07 E37): Winning Long-Term Games and Ergodicity with Author Luca Dell’AnnaDuring their recent episode, Taylor, Carlisle, and Luca Dell’Anna discussed: Performance Is Subordinate to Survival Irreversible Losses Absorb Future Gains Reproducible Success …
Apple Inc. (AAPL): Our Calculation of Intrinsic ValueEach week we run a DCF (Discounted Cash Flow) model on a company from our watchlist. This week’s pick: Apple Inc. (AAPL). Profile Apple Inc. designs, manufactures, and markets s…
Weekly Investing Roundup – News, Podcasts, Interviews (10/24/2025)This week’s best investing news: Howard Marks: How I Mastered the Markets (Master Investor) Jim Chanos – Credit Markets Are Partying ‘Like It’s 1999,’ (Bloomberg) Bill Ackman: I…
Why Abercrombie & Fitch (ANF) Could Be One of the Market’s Deepest Value PlaysAs part of our ongoing series at The Acquirer’s Multiple, each week we spotlight a stock from our Stock Screeners that might be a deeply undervalued gem hiding in plain sight. T…
VALUE: After Hours (S07 E36): Engineers vs. Lawyers: Why China Builds and America DebatesDuring their recent episode, Taylor, Carlisle, and Colin King discussed Engineers vs. Lawyers: Why China Builds and America Debates. Here’s an excerpt from the episode: Jake: I …
David Einhorn: Investors Are Confusing Innovation With Investment ValueIn his Q3 2025 Greenlight Capital investor letter, Einhorn wrote that the funds “returned -3.6% in the third quarter of 2025, net of fees and expenses, compared to 8.1% for the …
David Tepper Scales Back China Exposure and Sells Out of Key Tech GiantsIn the most recent 13F, David Tepper’s Appaloosa LP made a series of significant reductions across its equity portfolio. Known for his tactical macro positioning and opportunist…- VALUE: After Hours (S07 E36): Why the World Needs a Little Bit of Crazy: Entrepreneurs, Elon Musk, and CreationDuring their recent episode, Taylor, Carlisle, and Colin King discussed Why the World Needs a Little Bit of Crazy: Entrepreneurs, Elon Musk, and Creation. Here’s an excerpt from…
Bill Ackman: The Power Of Superintelligence Is Worth A Meaningful InvestmentBill Ackman’s remarks on CNBC offered a rare combination of pragmatism and optimism about America’s economic direction, government policy, and the transformative power of techno…
Energy and Financials Still Rule Deep ValueEnergy and Financials once again dominate the deep-value landscape. Synchrony Financial (SYF) leads the Financials, while Equinor (EQNR) and Petrobras (PBR) anchor the Energy co…- VALUE: After Hours (S07 E36): How to Spot a Good Private Acquisition: Paying Half of Revenue and Scaling SmartDuring their recent episode, Taylor, Carlisle, and Colin King discussed How to Spot a Good Private Acquisition: Paying Half of Revenue and Scaling Smart. Here’s an excerpt from …
Mohnish Pabrai: The Holy Grail of InvestingMohnish Pabrai’s investment philosophy, as presented in The Pabrai Wagons Fund Presentation, revolves around patience, concentration, and buying quality businesses at fair or di…
Why Top Investors Are Buying Caterpillar Inc. (CAT)According to their latest 13F filings, institutional investors made a series of notable moves in Caterpillar Inc. (CAT), signaling continued confidence in the industrial giant’s…- VALUE: After Hours (S07 E36): Return on Headache: The Hidden Metric in Small Business InvestingDuring their recent episode, Taylor, Carlisle, and Colin King discussed Return on Headache: The Hidden Metric in Small Business Investing. Here’s an excerpt from the episode: Co…
Howard Marks: Market Timing Is The Hardest Thing In The World And Don’t Try ItHoward Marks joined the Master Investor Podcast to reflect on markets, cycles, and the principles that have guided his fifty-six-year career. He began by quoting Warren Buffett:…