Howard Marks – The Calculus of Value (OakTree)| The Acquirer's Multiple®
During his recent interview with CNBC, Bill Nygren made a compelling argument for overlooked value opportunities. His strategy hinges on companies trading at steep discounts to the S&P 500’s inflated multiples, with a focus on share repurchases as a catalyst for growth. “The stock’s down at about five times earnings,” Nygren says of Charter Communications, a longtime holding. “The market doesn’t pay for as much as it should [for] the growth that can come from share repurchase.” ...| The Acquirer's Multiple®
From Equinor (EQNR) with an Acquirer’s Multiple (AM) of just 2.6 and a free cash flow yield near 12%, to Petrobras (PBR) with a 4.0 AM and one of the highest dividend yields in the market, the energy sector is stacked with companies that combine low valuation multiples, high cash generation, and shareholder-friendly capital returns. This concentration is not random — sector overrepresentation analysis shows that oil & gas names appear in the low AM cohort far more frequently tha...| The Acquirer's Multiple®
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For Lee Ainslie, founder of Maverick Capital, investing success hinges on three pillars: rigorous research, management quality, and the discipline to hold convictions while admitting mistakes. “We’re simply trying to understand the dynamics behind different stocks, identify those that we think are long-term winners and long-term losers,” he explains.| The Acquirer's Multiple®
During their recent episode, Taylor, Carlisle, and Gwen Hofmeyr discussed Valuation, Cyclicality, and Robotics Potential. Here’s an excerpt from the episode:| The Acquirer's Multiple®
During their recent episode, Taylor, Carlisle, and Gwen Hofmeyr discussed Deep Dive into Melexis: Belgium’s Niche Sensor Powerhouse. Here’s an excerpt from the episode:| The Acquirer's Multiple®
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In their latest episode of the VALUE: After Hours Podcast, Tobias Carlisle, Jake Taylor, and Gwen Hofmeyr discuss:| The Acquirer's Multiple®
As part of our ongoing series here 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.| The Acquirer's Multiple®
As part of our ongoing series, each week we typically conduct a DCF on one of the companies in our screens. This week, we’re analyzing a premium alcohol giant — Constellation Brands Inc (STZ).| The Acquirer's Multiple®
This week’s best investing news:| The Acquirer's Multiple®
During his recent interview with How Leaders Lead with David Novak, Jamie Dimon reflects on his upbringing and career offer invaluable lessons for investors, rooted in discipline, purpose, and a deep understanding of human behavior. His parents instilled in him core values that transcended finance, yet profoundly shaped his approach to investing. “The values were pretty basic,” Dimon recalls. “One is, you do the best you can. And whatever you do, you do the best you can. It wasn’t abo...| The Acquirer's Multiple®
During their recent episode, Taylor, Carlisle, and Barry Ritholz discussed The Wealth Ladder Framework. Here’s an excerpt from the episode:| The Acquirer's Multiple®
Dan Loeb’s Second Quarter 2025 Investor Letter offers a compelling glimpse into the strategies driving Third Point’s performance. With the flagship Offshore Fund returning 7.5% for the quarter, Loeb highlights the resilience and opportunism that defined their approach.| The Acquirer's Multiple®
During his recent interview at Bridgewater, Ray Dalio reflects on his early missteps, recalling, “I thought we were going to have a crisis, a debt crisis. And I couldn’t have been more wrong… I lost money for me. I lost money for clients. I had to let people go.”| The Acquirer's Multiple®
According to his latest 13F filings, Steve Mandel’s top ten positions account for a substantial 60.18% of his $11.58 billion equity portfolio, showcasing a focused investment style built around dominant tech and consumer franchises. The portfolio is heavily tilted toward proven compounders in software, e-commerce, and digital infrastructure. Below is a detailed breakdown of his top five holdings, including changes and commentary.| The Acquirer's Multiple®
In their latest episode of the VALUE: After Hours Podcast, Tobias Carlisle, Jake Taylor, and Nick Maggiulli discuss:| The Acquirer's Multiple®