Toby has extensive experience in activist investment, company valuation, public company corporate governance, and mergers and acquisitions law. The price of the book is expensive, but it is well worth it. They got dozens of unique ideas from professional designers and picked their favorite. The book shows how investors warren buffett, carl icahn, david einhorn and dan loeb got started and how they do it. Tobias toby carlisle is a deep value investor and founder of acquirers funds. Why activist investors and other contrarians battle for control of losing corporations hardcover, 240 pages, wiley finance is an exploration of the philosophy of deep value investment.
Here is a presentation toby gave at last years deep value summit it not only includes an idea but also an overview of his deep value approach. Design a simple, clean cover for the followup to a. Tobias carlisle on his book, the acquirers multiple moi. In this interview, toby will share his extensive research on deep value, which is an easily applicable approach to warren buffetts strategy of finding undervalued stocks. Why activist investors and other contrarians battle for control of losing corporations is a mustread exploration of deep value investment strategy, describing the evolution of the theories of valuation and shareholder activism from graham to icahn and beyond. Much of the quant stuff is very similar to carlisles previous book, quantitative value. Hi, im tobias carlisle, investor and author of deep value. Oct 31, 2017 tobias carlisle on beating the little book that beats the market jessefelder october 31, 2017 may 11th, 2018 tobias carlisle runs carbon beach asset management and is the author of several books including deep value, concentrated investing and his latest, the acquirers multiple. Tobias carlisle discussed his book, the acquirers multiple. Dec 03, 2017 tobias carlisle has taken an interesting path to get where he is today. Both of toby carlisles books are superb, and he is always someone i enjoy listening to as well. He is also the author of the books the acquirers multiple 2017, concentrated investing 2016, deep value 2014, and quantitative value 2012. The transition to deep value started when i started working as a lawyer in 2002. Tobias carlisle has taken an interesting path to get where he is today.
To do this, i used ken frenchs free data available on his website. Design a simple, clean cover for the followup to a popular book on investing. The new book wasnt in my library yet so i decided to give this one a try. Filled with engaging anecdotes, penetrating statistical analysis and meticulous research, the book illustrates the principles and strategies of deep. With a graduate degree from the university of queensland, australia, tobais has managed to prove his findings with hard facts in his book, deep. Aug 15, 2019 tobias toby carlisle is a deep value investor and founder of acquirers funds. Toby advises one to acquire stocks in crisisstricken companies with failed business models and uncertain futures. Johnny hopkins is a financial analyst who specialises in deep value stocks, here at the acquirers multiple.
In order to find something genuinely undervaluedtheres always something that you dont like guest. Deep value offers investors an authoritative exploration of the philosophy of deep value investment. Deep value by toby carlisle and the millionaire next door by thomas stanley and william danko. How the billionaire contrarians of deep value beat the market, the amazon bestsellers deep value. Dec 12, 2016 so i chose deep value as a guidetextbook to pursue these topics with this group. Author tobias carlisle combines engaging stories with research and data to show how you can do it too. He has achieved a lot of recognition in the value investing community for his books quantitative value 2012, deep value 2014 and concentrated investing 2016.
Written by an active value investor, deep value provides an insiders perspective on shareholder activist strategies in a format accessible to both professional. I must admit i was underwhelmed with my initial viewing of the book. Book a table at toby carvery carlisle due to government advice were not taking bookings at the moment. He described that book as a more accessible version of deep value which he claimed read like a textbook at times. Tobias carlisle principal acquirers funds llc linkedin. He is definitely in the minority of investors who do indepth and rigorous research. Tobias carlisle, the way to get the best performance is to concentrate into industries when they get cheap guest. Greenbackd deep value, contrarian, and grahamite investment. After hours podcast taylor, brewster, and carlisle discuss restoration hardware and some reasons why warren buffett bought 1. Tobias carlisle, founder tobias carlisle is the founder of the acquirers multiple.
This episode i chat with toby carlisle, a managing member at carbon beach asset management and author of popular value investing books such as deep value and the acquirers multiple. The full session is available exclusively to members of moi global. But the other half is extremely interesting and kept my attention throughout and i thought was worth the price of admission. He has achieved a lot of recognition in the value investing community for his books quantitative value 2012, deep value. Deep value investing by tobias carlisle animated book summary. Aug 29, 2014 both of toby carlisles books are superb, and he is always someone i enjoy listening to as well. He serves as portfolio manager of the firms deep value strategy. Written by tobias carlisle an active value investor and the wellknown blogger at this important resource describes the evolution of the various theories of intrinsic value and activist investment from benjamin graham to warren buffett to carl icahn and beyond. Also, many original source readings will be provided to clarify and deepen our understanding of the primary readings. All of our meat is cooked and basted to succulent perfection. Jun 07, 2010 interview with toby carlisle of greenbackd.
Every spud is checked by hand and ruffled for extra crunch. Why activist investors and other contrarians battle for control of losing corporations is an exploration of the philosophy of deep value investment. Applying deep value investing with toby carlisle youtube. Written by tobias carlislean active value investor and the wellknown blogger at this important resource describes the evolution of the various theories of intrinsic value and activist investment from benjamin graham to warren buffett to carl icahn and beyond. He is author of the bestselling books the acquirers multiple, deep value, concentrated investing and quantitative value. Carlisle combines engaging stories with research and data to show how you can do it too. We interviewed toby carlisle, author of the widely followed greenbackd value investing blog and founder of the newly launched eyquem global value fund. The book combines engaging anecdotes with industry research to illustrate the principles and methods of this. Sep 23, 2014 like the convertible arbitrage strategy, the closedend fund arbitrage was indifferent to the direction of the market, generating profits as the gap between the unit price and the underlying value narrowed.
In this episode we discuss both the similarities and the differences between the successful value investing methodologies employed by investing greats like warren buffett. I first heard of toby carlisle as he was making the podcast rounds talking about his new book, the acquirers multiple. For me, deep value was the perfect blend of reallife investing stories combined with the stats. How the billionaire contrarians of deep value beat the market. Why activist investors and other contrarians battle for control of losing corporations 2014, wiley finance. Design a simple, clean cover for the followup to a popular. The talk is about 60 minutes, and its well worth the time. In this episode we discuss both the similarities and the differences between the successful value investing methodologies employed by investing greats like warren buffett and carl icahn.
Why activist investors and other contrarians battle for control of losing corporations is a mustread exploration of the deep value investment strategy, describing the evolution of the theories of valuation and shareholder activism from graham to icahn and beyond. The perfect storm of value and volatility the interview featuring tobias carlisle and chris cole. How the billionaire contrarians of deep value beat the market is an easytoread account of deep value investing. I would estimate that at least half the book i could have done without. Why activist investors and other contrarians battle for control of losing corporations is a. He is best known as the author of the well regarded websites. Tobias carlisle runs carbon beach asset management and is the author of several books, including deep value, concentrated investing and his latest, the acquirers multiple. There are a lot of books that offer compelling stories, but to my mind the plural of anecdote is not statistic. Much of the quant stuff is very similar to carlisle s previous book, quantitative value.
On the other hand, books heavy on the stats tend to bore their readers to sleep. With all of that said, i am worried that my focus on the valuation of the overall market is blinding me to the bargains within the deep value universe. The audiobook shows how investors warren buffett, carl icahn, david einhorn, and dan loeb got started and how they do it. Tobys approach to value investing evolved from his observations as a corporate lawyer in australia during the burst of the dotcom bubble. In this months edition, ill be talking about two books.
Join facebook to connect with tobias carlisle and others you may know. Tobias carlisle runs carbon beach asset management and is the author of several books including deep value, concentrated investing and his latest, the acquirers multiple. Why activist investors and other contrarians battle for control of losing corporations. Deep value by tobias carlisle is an excellent book on contrarian value investing. About the book it is a simple, but counterintuitive idea. Tobias carlisle is the founder of the acquirers multiple.
Use of the formula does not guarantee performance or investment success. Nov 18, 20 deep value investing finding bargain shares with big potential is a wellwritten, handson book about how to extract value from investments made from a niche in the stock market. Toby is the founder and portfolio manager of carbon beach asset management. It describes the evolution of the various theories of intrinsic value and activist investment from benjamin graham to warren buffett to carl icahn and beyond. S1e2 tobias carlisle thinking like an acquirer flirting. This is the third time i have had the opportunity to highlight one of tobys books. The books author, tobias carlisle, explores the counterintuitive idea of acquiring deep value stocks. Deep value investing by tobias carlisle animated book. Carlisle is the author of the acquirers multiple 3. The acquirers multiple is a term used to describe the strategy explained in the book the acquirers multiple. My first big matter was a defense against two semifamous investors. A practitioners guide to automating intelligent investment and eliminating behavioral errors 2012, wiley finance.
Facebook gives people the power to share and makes the world more open and connected. The perfect storm of value and volatility real vision. Starting his career as a lawyer in queensland, tobias is now a worldrenowned value investor based in california. Hi reddit rinvesting, i blog at, and ive written two books on value investing. Oct 05, 2010 we interviewed toby carlisle, author of the widely followed greenbackd value investing blog and founder of the newly launched eyquem global value fund. Deep value investing finding bargain shares with big potential is a wellwritten, handson book about how to extract value from investments made from a niche in the stock market. Deep value wiley online books wiley online library. This counterintuitive view is well supported by research by various researchers. Deep value by tobias carlisle is one of my favorite books. Tobias carlisle on beating the little book that beats the. I really enjoyed toby carlisles latest, deep value.
How the billionaire contrarians of deep value beat the market goes into depth about how to calculate a margin of safety, mean reversion, quantitative measures of value and the role of activist investors. We will go chapterbychapter in deep value by toby carlisle while reading the footnotes and original sources as best we can. Gray and carlisle take systematic valuebased investing to the next level. Nov 01, 2017 tobias carlisle runs carbon beach asset management and is the author of several books, including deep value, concentrated investing and his latest, the acquirers multiple. Tobias carlisle on beating the little book that beats. Sep 19, 2015 in this interview, toby will share his extensive research on deep value, which is an easily applicable approach to warren buffetts strategy of finding undervalued stocks. How the billionaire contrarians of deep value beat the market, at moi globals meettheauthor summer forum 2019. The icahn manifesto corporate raider to activist investor in chapter one the groundwork is laid by. Design a simple, clean cover for the followup to a popular book on investing 99designs client toby. Written by an active value investor, the acquirers multiple provides an insiders view on deep value investing. Tobias carlisle, the managing director of eyquem investment management llc, also serves as a portfolio manager for eyquem fund lp and other accounts that are managed separately. Here at toby carvery carlisle, we believe theres only one way to do our beloved british roast and thats properly.
The book combines engaging anecdotes with industry research to illustrate. Toby has extensive experience in activist investment, company valuation, public company. Booking your table at toby online is quick and easy, plus it will help our team get you seated quickly when you arrive at the home of the roast. The direction of the course will be easy to follow. The book suggests buying cheap stocks with fairly poor fundamentals such as. Interview with toby carlisle of greenbackd seeking alpha. Nov 04, 2017 tobias carlisle runs carbon beach asset management and is the author of several books including deep value, concentrated investing and his latest, the acquirers multiple. Why activist investors and other contrarians battle for. Outlined below is an introduction of tobias carlisle, and the questions and answers from preston and stigsinterview with him. Tobias carlisle is founder and managing director of acquirers funds, llc. Nov 07, 2017 value investing has had a rough time of late. It is many years ago that benjamin graham came up with the thesis of buying net current asset stocks, or netnet stocks, which is to suppose that it is old.
The book suggests buying cheap stocks with fairly poor fundamentals such as declining sales, profits and return ratios than buying stocks with improving fundamentals. For this reason, i decided to take a look at the absolute valuation of the cheapo segment of the market. Quantitative value is a must read for those with a love of value investing and a desire to make the investment process less adhoc. He is best known as the author of the well regarded websites and, the book deep value. Which means now might be the perfect time to read up on value investing. Deep value investing with tobias carlisle the investors. Why activist investors and other contrarians battle for control of losing corporations wiley finance book online at best prices in india on. The icahn manifesto corporate raider to activist investor in chapter one the groundwork is laid by describing how carl icahn evolved as an activist. Carbon beach pursues a deep value, contrarian, grahamite investment strategy. And our yorkshires are freshly made in our kitchens and served crisp, fluffy and pipinghot to your. Why activists investors and other contrarians battle for control of. Carlisle i first heard of toby carlisle as he was making the podcast rounds talking about his new book, the acquirers multiple.
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