Episode Details

IN THIS EPISODE, YOU’LL LEARN:

• 02:52 - Breaking down Warren Buffett’s strategy of “buying down wonderful companies at a fair price.” 
• 02:52 - What the Acquirer's Multiple Investing strategy is.  
• 08:35 - Why enterprise value is more useful than market cap to value stocks. 
• 08:35 -The benefits of the Acquirer's multiple strategy vs Warren Buffett value investing strategy. 
• 16:42 - How mean reversion works, what companies and financial metrics typically exhibit mean reversion. 
• 29:28 - Why a competitive advantage is key for a company to sustain a high ROIC. 
• 40:55 - What are things that investors mistake as being moats or sustainable advantages? 
• 50:58 - How to implement this strategy and use the Acquirer's multiple stock screener. 
• And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

• Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
• Tobias Carlisle’s book The Acquirer’s Multiple.
• Tobias Carlisle’s book Deep Value.
• Tobias Carlisle’s book Quantitative Value.
• The Acquirer’s Podcast.
• The Acquirer’s Multiple.
• The Acquirer’s Fund.
• Related Episode: Deep Value Investing W/ Tobias Carlisle - MI025.
• Related Episode: Warren Buffett, Charlie Munger, And Berkshire Hathaway W/ Adam Mead - MI084.

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