Tobias

[crestridge]

Has anyone utilized "The Acquirer's Multiple" spreadsheet? Or heard of the book by Tobias Carlisle, "Deep Value"? I have both books, haven't completed them yet, but what I've read seems interesting. Definitely a contrarian methodology. A "quant" investing approach. Anyone with experience on this?

[FakeNameChanged]

Originally Posted by crestridge

Has anyone utilized "The Acquirer's Multiple" spreadsheet? Or heard of the book by Tobias Carlisle, "Deep Value"? I have both books, haven't completed them yet, but what I've read seems interesting. Definitely a contrarian methodology. A "quant" investing approach. Anyone with experience on this?

Missed this. Since I use contrarian ideas on approx. 25%-33% of my holdings, his approach would interest me. Carlisle's offers a free large cap screener on his website. I'll give it a try.

However, I'm wary of anyone claiming the following:
Absurdly Simple, Ridiculously Powerful Stock Screener,
He also had some long-winded statement about bad companies reverting to their mean. If they're in a longer term downtrend, the mean is sinking just as quickly.
Carlisle also quotes Buffet, Loeb, Graham, Icahn, and Pickens a lot. Funny I remember Buffet in an interview saying why he'd never own tech stocks. Last time I checked, Buffet's top holding was Apple, which made up almost 1/4 of his holdings. And he said he didn't understand tech. In spite of all this, I may see if it's sitting in Barnes and Nobles, where I can give it a quick scan.

[crestridge]

Hi "Changed"

He somewhat models Greenblatt in the "Magic Formula" concept, except using the "enterprize" ratio. In the book he cites Greenblatt's research into "quant" methods of investing, comparing, "business investing" and says the research gives the edge to "quant". So, that means, if the computer's method has a "proven" record, trust it, leave it be, follow the rules, let the method work over the long term. In "business investing", there are deviations from the method, to add, subtract from the method, and according to Greenblatt, the results aren't as favorable. Food for thought!