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TIP431: The Big World of Microcaps w/ Ian Cassel

Microcap expert Ian Cassel has been investing in microcaps for over 20 years and is a co-founder of the popular site MicroCapClub. He’s the author of two amazing books on Intelligent Fanatics – a phrase coined by Charlie Munger. And he’s now the CIO of Intelligent Fanatics Capital Management.

IN THIS EPISODE, YOU’LL LEARN:
0:00:00 – Intro
0:00:12 – Why microcaps get a bad rap
0:10:10 – How a few of the greatest investors got their start in microcaps
0:14:41 – How to identify microcaps that could grow up to be macro caps
0:18:29 – Microcap ETFs
0:19:44 – Psychology around cheaply priced stocks, including macro caps that do stock splits.
0:22:23 – Ian’s strategy for finding profitable and sustainable microcap companies with great management
0:37:00 – The pros and cons of a highly concentrated portfolio
0:42:00 – Activism in the microcap world
0:43:08 – Microcap club
0:50:27 – Qualitative and quantitative investing strategy
0:53:31 – Is optionality part of the strategy

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?? Access our free show notes and transcript here: https://www.theinvestorspodcast.com/episodes/the-big-world-of-microcaps-w-ian-cassel/

? BOOKS MENTIONED:
– Intelligent Fanatics: Standing On The Shoulders Of Giants by Ian Cassel and Sean Iddings – https://amzn.to/3Jn08UX
– Intelligent Fanatics Project: How Great Leaders Build Sustainable Businesses by Ian Cassel and Sean Iddings – https://amzn.to/3ucNNMJ

Disclosure: Some of the links above are affiliate links that we may earn commission from. This helps keep our show going! ?

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