The Acquirer's Multiple

How the Billionaire Contrarians of Deep Value Beat the Market
Narrated by: Scott R. Pollak
Length: 3 hrs and 29 mins
4.5 out of 5 stars (309 ratings)

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Publisher's Summary

The Acquirer’s Multiple: How the Billionaire Contrarians of Deep Value Beat the Market is an easy-to-follow account of deep value investing. The audiobook shows how investors Warren Buffett, Carl Icahn, David Einhorn, and Dan Loeb got started and how they do it. Author Tobias Carlisle combines engaging stories with research and data to show how you can do it too. Written by an active value investor, The Acquirer’s Multiple provides an insider's view on deep value investing.

The Acquirer’s Multiple covers:   

  • How the billionaire contrarians invest
  • How Warren Buffett got started
  • The history of activist hedge funds
  • How to beat the little book that beats the market
  • A simple way to value stocks: The Acquirer's Multiple
  • The secret to beating the market
  • How Carl Icahn got started
  • How David Einhorn and Dan Loeb got started
  • The nine rules of deep value

The Acquirer’s Multiple: How the Billionaire Contrarians of Deep Value Beat the Market provides a simple summary of the way deep value investors find stocks that beat the market.

©2017 Tobias Eric Carlisle (P)2017 Tobias Eric Carlisle

What listeners say about The Acquirer's Multiple

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    3 out of 5 stars
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5 stars if you're new to investing

It's a 5-star book for people new to investing. I didn't realize it was just a simplified version of his other books (which I own, and are excellent), so I'm giving this 3 stars because I wouldn't have ordered it had I known. Probably just my fault for not doing more research on it before I ordered. It's similar in tone, depth and intended audience to "The Little Book that Beats the Markets" and I'd probably put it in my Top 5 recommend books for beginners: 1. Little Book that Beats the Markets 2. The Acquirer's Multiple 3. The 5 Rules for Successful Investing 4. Essays of Warren Buffett 5. Think Twice (or some other intro to Behavioral Psychology)

9 people found this helpful

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TIP

Tobias Carlisle was on the investors podcast and I read this book, he’s quite versed in the stock market. Tobias has done a wonderful service by writing these books, I highly suggest this book and any content put out by him or the TIP Preston and Stig. Thanks for the book! I learned a lot.

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I love the book very easy to understand

for those of us who enjoy value investing this is a great book, I love the storytelling style books

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Important to go back to basics sometimes and good anectodes

It’s good to go back to basics sometimes and forget about all the noise, as things are simpler than they actually look. Fun stories also make it a light content.

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promo book

sorry, too much promotion for such a short book. if you want to learn about value investing, look elsewhere

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Easy, valuable listen

easy and valuable listen. many timeless principles and stories. will definitely listen to more than once

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Great

This book open my eyes so much . How I have wasted money and time Thank you very much

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Loved it!

Loved it, learned a lot. I wish this was being covered in school for the youngsters today. Practical, user friendly, and you can tell that the writer wants you to understand.

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Better in text than audio

Although narrator did good job on this book since I'm reading kindle book while listening using whispersync, I felt there are many places in book where I had to look at graphs and analyze figures.Its one of the best books on value investing I have read,

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Worth your time if you invest in individual stocks

Great little book and worth your time if you invest in individual stocks. You can start calculating and using the Acquirer's Multiple to value stocks right away. I found the book to be useful and interesting, especially the results of the simulations they ran using this technique and comparing it against Greenblatt's "Magic Formula." Will give you a better understanding of the effects of cash and debt on valuation. If you already know all about that then you may not get as much out of it.

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  • bonde
  • 08-14-18

Horrible

This book not only has a lot of falsehoods in it but it is a pathetic excuse for an investment book people taking advice from this book will be much more worse off.

1 person found this helpful

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  • Martin
  • 04-17-18

Would recommend

This was an excellent book which describes the basic principles of valuing a company.. I have been on Toby's website multiple times but never really knew how to use the screeners.. now I know.. I would recommend for anyone looking to gain some knowledge on the acquirers multiple number.. how its calculated and how to use it.. It's not too long either.. very manageable

1 person found this helpful

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  • samo
  • 12-28-17

Perfect intro to the value investing world

excellent intro for beginners for sure. Awesome work with all the back testing... very up to date value investing. highly recommended

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  • brendan
  • 07-23-20

Interesting

Similar to the magic formula created by Joel Greenblat, with a touch more complexity. lastwordisgoingtobethebiggestlastwordifeellikemakingwithoutpunctuationsostuffthatinyoursmalltextboxandsmokeitoutyoudirtybungholeplease.

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  • Anonymous User
  • 04-17-20

excellent book for those serious about the market

if you are interested about strategies to unravel hidden gems of the stock market, this book is for you.

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  • Tamaine
  • 05-31-19

Great book

Follows on from a series of books I've been listening to from Bogle and Buffet Munger reading lists on google great concepts

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  • Amazon Customer
  • 03-06-19

A great start for Quantitative DeepValue Investing

Tobias explains the concepts underlying the Acquirer's Multiple and it's ability to identify deep value both in simple English and engagingly. A must for those getting started in deep value and quant analysis. If you want to get into the nitty gritty then it may leave you wanting more, in which case one of his other books I believe may dive in deeper.