52 - The Acquirer's Multiple with author Tobias Carlisle (Interactive Book Review) скачать в хорошем качестве

52 - The Acquirer's Multiple with author Tobias Carlisle (Interactive Book Review)

Full Show Notes & Transcript: https://www.diyinvesting.org/the-acqu... You can support the show by purchasing Tobias Carlisle’s book: The Acquirer’s Multiple through these Amazon Affiliate links: • Kindle: https://amzn.to/2Ooq0Wr • Audible (audiobook): https://amzn.to/2DifARF • Paperback: https://amzn.to/2QUMobA Purchasing through an affiliate link is at no additional cost to you. Thank you for your support! (I am not being compensated in any other way for the producing of this podcast video. All opinions expressed are those of the podcast host and guest.) Like and Subscribe for more great content! Follow me on Twitter: @TreyHenninger   / treyhenninger   Support me on Patreon:   / diyinvesting   How to connect with Tobias Carlisle Follow his work on Twitter: @Greenbackd Tobias Carlisle's Website: AcquirersMultiple.com His website includes a Free Deep Value Stock Screener Tobias Carlisle's ETF: https://acquirersfund.com/ Ticker: ZIG Show Outline: Interview with Tobias Carlisle Book: The Acquirer's Multiple by Tobias Carlisle (Interactive Book Review with Author) Deep Value Investing Is Deep Value only a good strategy when control situations are viable? Activists benefit deep value investors beyond themselves Mid-Cap Stocks are a prime market because of so many activists Negative Enterprise Value Stocks – Great portfolio for investors without liquidity restrictions The Acquirer’s Multiple: EV / Operating Earnings A multiple of 10 or less or a 10% earnings yield is a good target (i.e. Low Enterprise Value Stocks lead to outperformance in the stock market) How could Mean Reversion fail or stop working? (Key Deep Value Assumption) Can Business Analysis be learned? (And is it even worth it?) What value does a portfolio manager provide over a computer in the deep value space? Tobias’s ETF: $ZIG (‘ZIG when the market zags’) Mental Models Discussed in this podcast episode: Mean Reversion Explained (including Mean Reversion trading strategy and how the mean reversion mental model impacts a deep value investing strategy. Enterprise Value = Market Cap + Outstanding Debt - Cash on Balance Sheet The Acquirer's Multiple = Enterprise Value divided by Operating Earnings