Shows
Planet MicroCap Podcast | MicroCap Investing StrategiesThe Anatomy of a Fallen Angel: Management, Mispricing, and Turnarounds + Weight Watchers $WW Thesis with Paul Cerro, Founder and CIO of Cedar Grove Capital ManagementMy guest on the show today is Paul Cerro, Founder and CIO of Cedar Grove Capital Management, and today’s conversation is all about fallen angels — once high-profile companies that collapse due to poor execution, leverage, or macro pressure, but can become some of the most mispriced and compelling opportunities in the market.
Paul breaks down the anatomy of a fallen angel, why these setups create structural market inefficiencies — especially in illiquid micro-caps — and how forced selling, headline-driven reactions, and information scarcity can disconnect price from fundamentals. Most importantly, he explains the key dividing line between a genuine opportunity and a value...
2025-12-101h 00Planet MicroCap Podcast | MicroCap Investing StrategiesThinking like Private Owners in the Public Markets with Jason Kirsch, Portfolio Manager at Rosen PartnershipMy guest on the show today is Jason Kirsch, Portfolio Manager at Rosen Partnership and co-architect of the firm’s Active Value Strategy — a concentrated, long-only, private-owner-style approach to investing in micro-cap companies across Canada, the U.S., and Europe.
In this episode, Jason walks us through Rosen Partnership’s philosophy of thinking like private owners in the public markets: buying capital-light, high-ROIC compounders at meaningful discounts to intrinsic value; partnering with aligned management teams; and using “constructivism” — a collaborative, non-activist engagement style — to help unlock long-term value.
We dig deep into how Jason builds a true knowledge edg...
2025-12-0536 minPlanet MicroCap Podcast | MicroCap Investing StrategiesFinancial Archaeology: Deep Research and Uncommon Insights with Gwen Hofmeyr, Founder and Senior Analyst at Maiden FinancialMy guest on the show today is Gwen Hofmeyr, Founder and Senior Analyst at Maiden Financial. In this episode, Gwen walks us through her unique research methodology — which she refers to as “financial archaeology.” This is a process built around extremely deep, original investigative work designed to uncover uncommon information — insights that simply aren’t available in typical company reports or mainstream research.
We discuss how Gwen routinely spends 200 to 600 hours analyzing a single company, validating market share by breaking down thousands of individual products, and constructing an understanding of a business that is entirely independent of management narrative...
2025-11-0642 minPlanet MicroCap Podcast | MicroCap Investing StrategiesThe Case for MicroCaps and Why We're in the Early Innings of a New Cycle that Favors Smaller Companies with Doug Porter, Portfolio Manager and Senior Research Analyst at Acuitas InvestmentsMy guest on the show today is Doug Porter, Portfolio Manager and Senior Research Analysts at Acuitas Investments. Doug and his team recently published a new white paper titled, "The Case for MicroCap." For most of you listening in, you're already a diehard MicroCap-per, and we've all succumbed to the altar to the merits of hunting in inefficient markets.
Having said that, I invited Doug on here to not only remind us why we are here, why we hunt for the best investment ideas in our neck of the woods, but more importantly, in my opinion, to...
2025-10-2937 minPlanet MicroCap Podcast | MicroCap Investing StrategiesBringing Long-Term Value Investing to Spanish-Speaking Communities with Kayser Pravia, Founder of El Planeta FinancieroMy guest on the show today is Kayser Pravia, Founder of El Planeta Financiero. In this episode, Kayser shares his mission to expand financial literacy and microcap investing for Spanish-speaking investors worldwide.
We discuss his evolution from day trading losses to a Buffett- and Lynch-inspired value investor, why he runs a concentrated portfolio, and his focus on recession-proof businesses with strong balance sheets. Kayser also talks about building El Planeta Financiero into a growing educational platform and investing community for Spanish speakers.
For more information about El Planeta Financiero, you can subscribe to the YouTube chan...
2025-08-2142 minPlanet MicroCap Podcast | MicroCap Investing StrategiesWhy "Old Boring Companies” Benefiting from Data Center and AI Trends + MSM Quality Index Mid-Year 2025 Review with Maj Soueidan, Founder & Editor of GeoInvesting / MS MicroCapsMy guest on the show today is Maj Soueidan, Founder, Editor, and Chief Portfolio Officer at MS MicroCaps and GeoInvesting. In this episode, Maj shares a comprehensive update on his investment philosophy, including the performance and evolution of the MSM Quality Index, a passive, factor-driven approach to finding high-quality microcap stocks with multibagger potential.
We discuss how the MSM Index blends qualitative and quantitative analysis, what separates it from traditional model portfolios, and the role of occasional rebalancing. Maj also walks us through how the index achieved over 100% returns since inception and why it’s built for lo...
2025-07-3154 minPlanet MicroCap Podcast | MicroCap Investing StrategiesHow the MC GUTS Microcap Index Is Beating the Market: Mid-Year 2025 MicroCap Update with Ryan Telford, Head of Evidence-based Research at MicroCapClubMy guest on the show today is Ryan Telford, Head of Evidence-Based Research at MicroCapClub. In this episode, Ryan breaks down the performance and methodology behind the MC Guts MicroCap Index — a quant-driven benchmark launched by MicroCapClub to track microcap stocks in the U.S., Canada, and Europe.
We discuss why Canada and Europe are outperforming while the U.S. lags in 2025, sector rotation, and how Ryan’s “GUTS” framework — Growth, Undervalued, Timing, and Sentiment — identifies overlooked opportunities in the microcap universe.
Ryan also shares how the index filters for quality, liquidity, and momentum, and how his rese...
2025-07-1639 minPlanet MicroCap Podcast | MicroCap Investing StrategiesOn the Road: Why Site Visits Matter - MicroCap Fieldwork in Canada with Anthony Perala and James Hannack, Research Analysts at Punch & AssociatesMy guests on the show today are Anthony Perala and James Hannack, research analysts at Punch & Associates. Anthony and James recently returned from a multi-city due diligence trip across Western Canada, and in this episode, they walk us through what they learned — not just about specific companies, but about the power of seeing businesses up close.
We talk about why in-person research still matters, especially in microcaps where management access, company culture, and operational visibility aren’t always obvious on paper or a Zoom screen. They share how walking factory floors, reading body language, and noticing office deta...
2025-07-0859 minPlanet MicroCap Podcast | MicroCap Investing StrategiesThe 2025 Turnaround in Canadian Cannabis with Mathieu Martin, Portfolio Manager at Rivemont MicroCap FundMy guest on the show today is Mathieu Martin, Portfolio Manager at Rivemont MicroCap Fund. I've known Mathieu a long time, and he's a regular guest on the show. He's a generalist microcap investor who recently started exploring a sector many investors have written off entirely: Canadian cannabis. After years of avoiding the space due to its speculative excesses, Mathieu has been seeing the potential for a turnaround — with cleaner balance sheets, improving fundamentals, and profitable operators finally emerging.
In this episode, we talk about what’s changed in the Canadian cannabis landscape — from rationalized supply and reduce...
2025-06-2652 minPlanet MicroCap Podcast | MicroCap Investing StrategiesConstructing a Software Investing Thesis in the Age of AI with Ben Brostoff, Editor/Writer of the Stock Talk NewsletterMy guest on the show today is Ben Brostoff, software engineer at Klaviyo and the writer behind the Stock Talk newsletter on Substack. Ben has a fascinating perspective on investing—he started out in investment banking, taught himself to code, and now spends his free time researching microcap companies, especially in the software and tech space.
In this episode, we dive into Ben’s investing philosophy—why he targets 8–10% returns with the least amount of risk, how AI is changing the way he evaluates software moats, and why he won’t own a company unless he’s written a blog...
2025-06-1149 minPlanet MicroCap Podcast | MicroCap Investing StrategiesMicroCap Investing is a Team Sport with Cameron @onecentinvest, Founder of Common Sense InvestingMy guest on the show today is Cameron, Founder of Commonsense Investing and author of the Substack microcapstocks.substack.com. Cameron is a microcap investor focused on education, community, and a disciplined research process — bringing a common-sense approach to navigating this often volatile corner of the market.
In our conversation, Cameron shares how his investing journey evolved from chasing high-flyers and exposing bad actors to building a thoughtful framework for identifying quality microcap companies. He discusses the importance of doing your own research, filtering stocks through a rigorous process, and why flexibility is a powerful edge for ret...
2025-06-0451 minPlanet MicroCap Podcast | MicroCap Investing StrategiesEurope’s Hidden Gems: MicroCap Investing with Thomas Richard, CFA, Portfolio Manager at Philippe Hottinguer GestionMy guest on the show today is Thomas Richard, CFA, Portfolio Manager at Philippe Hottinguer Gestion, based in Paris. Thomas has been diving deep into European microcaps – a market segment he describes as “so unloved and uncovered,” with unique inefficiencies and opportunities.
In our conversation, Thomas lays out why Southern Europe – especially countries like Spain, Italy, and Greece – is currently one of the most interesting regions for microcap investing. He explains the value of bottom-up research, the importance of direct interaction with management teams, how non-European investors can begin navigating this often-overlooked space, as well as some of the str...
2025-05-2849 minPlanet MicroCap Podcast | MicroCap Investing StrategiesPlanet MicroCap Podcast: LIVE! with Thomas Bachrach, Jason Hirschman, Whit Huguley + SPECIAL GUEST: Kevin Shea!Today, I'm sharing with you our annual Planet MicroCap Podcast: LIVE! panel from the Planet MicroCap Showcase: VEGAS 2025 in partnership with MicroCapClub. Joining me this year are:
Thomas Bachrach, PFH Capital
Website: https://www.pfhcap.com/
Twitter/X: https://x.com/PFHCapital
Jason Hirschman, Hudson 215 Capital
Twitter/X: https://x.com/EightTrack180
Whit Huguley, River Oaks Capital
Website: https://www.riveroaks-capital.com/
Twitter/X: https://x.com/Whit_Huguley
PLUS, Special Guest appearance from: Kevin Shea (Twitter/X: https://x.com...
2025-05-0656 minPlanet MicroCap Podcast | MicroCap Investing StrategiesThe Electrification of Everything with John Rotonti, Portfolio Manager at Islamorada Investment ManagementMy guest on the show today is with John Rotonti, Portfolio Manager at Islamorada Investment Management. John very recently joined Islamorada Investment Management running their Industrial and Infrastructure portfolio, and he's been actively researching and dissecting about the electrification of everything plus anything housing related. We jump in headfirst on his investing philosophy and checklist/criteria when looking at this swath of companies. And for full disclosure, we discussed a number of companies during today's podcast, I am not a shareholder in any of them.
For more information about Islamorada Investment Management, please visit: https://w...
2025-03-051h 17Planet MicroCap Podcast | MicroCap Investing StrategiesThe Unintentional and Gradual Making of An Activist Investor with Denver Smith, Managing Partner & Chief Investment Officer at Carlson Ridge CapitalMy guest on the show today is Denver Smith, Managing Partner & Chief Investment Officer at Carlson Ridge Capital. We've done a number of episodes over the years on Activist Investing, and I'd say all the investors that end up going activist, it's a reluctant endeavour; they basically, with all the circumstances happening in that particular company, made a conscious decision doing a time and cost analysis that it was a necessary step. But the biggest difference between most activist investors we've had on, or rather, investors that have gone active, is that they wouldn't necessarily describe themselves as activist...
2025-02-2654 minPlanet MicroCap Podcast | MicroCap Investing StrategiesCleaning Up Unclean Stories, Numbers, Narratives, Nicotine Industry + Haypp Group with Devin LaSarre, Founder & Editor of InvariantMy guest on the show today is with Devin LaSarre, Founder & Editor of Invariant. I've been following Devin for a while on social media, and invited him on to better understand his overall investing philosophy, and then specifically dig into an industry / idea a bit further. This episode I would say falls into the "ways of seeing" bucket, meaning, every once in a while I have a conversation on here with someone that has a completely different way they look at investing that I find very unique. In this case, Devin's focus on finding very "unclean" stories and doing...
2025-02-2053 minPlanet MicroCap Podcast | MicroCap Investing StrategiesQuality Business vs. Quality Investment, Kill Criteria, Dichotomy of Control + Zedcor $ZDC.V with Kyle Grieve, Host of We Study BillionairesMy guest on the show today is Kyle Grieve, Host of We Study Billionaires Podcast on the Investor's Podcast Network. I've been a fan from afar and had the chance to hang with Kyle at our conference in Vancouver last year. We had a blast and thought we should bring that energy to the podcast. I wanted to learn more about his background and how he got hooked into our MicroCap world here. We dove deeper into his thoughts on the differences between a quality business and quality investment, his criteria for an ideal investment and we close with lessons...
2025-02-1155 minPlanet MicroCap Podcast | MicroCap Investing StrategiesWe (Investors / Shareholders) Will Find You with Adam Wilk, Founder & Portfolio Manager at Greystone Capital ManagementMy guest on the show today is Adam Wilk, Founder and Portfolio Manager at Greystone Capital Management. I invited Adam back on to discuss an article he wrote back in August 2024 to explore the idea of investors/shareholders finding companies, in other words, delving deeper into a statement made famous by Buffett, "companies ultimately end up with the shareholders they deserve." There's many different ways to think about this concept - Adam and I do our best to cover them all. I thought it was particularly interesting for why Adam even wrote the article was inspired by potential LPs...
2025-01-2939 minPlanet MicroCap Podcast | MicroCap Investing StrategiesA+ Capital Allocator, Inefficient, Fragmented Market with Valuation that Provides a Margin of Safety with Whit Huguley, Fund Manager at River Oaks CapitalMy guest on the show today is Whit Huguley, Fund Manager at River Oaks Capital. I've known Whit for a few years now, first having met him at one of my own conferences in Vegas, and have gotten to know and appreciate Whit's investing style. He launched his Fund, River Oaks Capital, about 5 years ago now, and while he's in the middle of writing his annual letter, he graciously jumped on the pod to talk more about what he's learned from running a MicroCap fund thus far. And for full disclosure, we discussed a number of companies during today's podcast...
2025-01-2156 minPlanet MicroCap Podcast | MicroCap Investing StrategiesSpecial Situations: Why Mispricing Exists, Why is the Market Wrong and Know Your Downside with Conor Maguire, Founder and Editor of the Value Situations NewsletterMy guest on the show today is Conor Maguire, Founder and Editor of the Value Situations Newsletter on Substack. I've always enjoyed Conor's appearances on Yet Another Value Podcast pitching individual ideas, and invited him on here to share more about his background, fundamental investing philosophy, what an ideal investment looks like to him, investing framework, and more. Special situations is always fun to talk about, in my opinion, and some of my favorite conversations are had when discussing the topic. This one with Conor fits that bill in spades. And for full disclosure, we discussed a number of...
2025-01-1546 minPlanet MicroCap Podcast | MicroCap Investing StrategiesMicroCap Year-End Review: Round Trips, Unexpected Winners, InfoArb, Raising Growth Capital + $TSSI $LFVN $ACFN $TATT with Maj Soueidan, GeoInvesting & MS MicroCapsMy guest on the show today is Maj Soueidan, Founder and Editor at GeoInvesting. 2024 is in the books, and like every good podcaster, we had to do our version of a year-in-review, and in the MicroCap world, there's no shortage of things to cover. So much so, this might be Maj and I's longest pod ever - an hour and 40 minutes worth of mostly what I think we do best, jam session on MicroCap stocks and investing. Maj absolutely cooks on this episode, and it's always fun to watch. We dissect defining quality, round trips, unexpected winners, information arbitrage, growth ca...
2024-12-301h 44Planet MicroCap Podcast | MicroCap Investing StrategiesGARRRP: Growth at a Reasonable Reasonable…Reasonable Price with Roger Fan, Founder and CIO of RF Capital ManagementMy guest on the show today is Roger Fan, Founder and CIO of RF Capital Management. Firstly, shout out to Chris Abbott from 1035 Capital for the introduction. Roger runs a long-biased investment firm in LA that invests primarily in equities, and focuses on nanocaps and special situations. Their objective is to compound at 15-20%+ over the long term with a concentrated portfolio and minimal/no leverage or shorting. I invited Roger on to learn more about his strategy and how he intends to achieve these returns. Roger mentioned a number of names during the interview today and for full...
2024-12-2443 minPlanet MicroCap Podcast | MicroCap Investing StrategiesConceptualizing the Future with Deiya Pernas, Co-Founder and Analyst at Pernas ResearchMy guest on the show today is Deiya Pernas, Co-Founder and Analyst at Pernas Research. Growth, runway for growth, greenfield opportunities, current market penetration, competitive landscape: these are all concepts we need to think about when looking at MicroCaps, and we've talked at length on this show about. The idea, or the ability, to conceptualize the future for any given company is a skill I think we all wish we had mastered (then we'd all be extremely wealthy), and yet, is what makes investing in Small, MicroCaps so damn fun. Deiya and his team at Pernas Research focus heavily...
2024-12-0446 minPlanet MicroCap Podcast | MicroCap Investing StrategiesBuying and Operating Portfolio of Small Private Companies is Harder than it Looks with Colin King, Partner at Circle City Capital Group, Inc.My guest on the show today is Colin King, Partner at Circle City Capital Group, Inc., and known as @valuedontlie on Twitter/X. I think we've all seen those memes and videos of folks who left their amazing job at Goldman Sacks to buy multiple small businesses, then of course, if you subscribe to their newsletter they'll show you how they did it. All jokes aside, it's a strategy that has worked time and again for many folks out there, however, buying and operating small private businesses is not as easy as social media would make you think, goes...
2024-11-2040 minPlanet MicroCap Podcast | MicroCap Investing StrategiesGame Selection, Repeated Exposure from Multiple Stakeholder Angles + Case Studies with Tristan Waine @hurdle_rateMy guest on the show today is Tristan Waine, better known as @hurdle_rate on Twitter/X and Editor, Author of the Hurdle Rate newsletter on Substack. We've talked many times here about the circle of competence, investing in what you know, looking at companies that produce goods or services that you actually consume, a style of investing, or more specifically, idea generation that Peter Lynch made famous. In our conversation today, Tristan and I talk extensively about this concept as it pertains to his investing style and philosophy. Specifically, we thought we could up the boring business ante...
2024-11-1453 minPlanet MicroCap Podcast | MicroCap Investing StrategiesOwning = Knowing, European Small/MicroCaps, Disassociating from FOMO + Shelly Group $SLYG Thesis with @mavix_leonMy guest on the show today is Leon, better known as @mavix_leon on Twitter/X, and writer/editor of Underfollowed Stocks Newsletter on Substack. As his publication indicates, Leon is all about finding underfollowed investing opportunities with little to no institutional following, a natural fit for our show here. I invited him on to better understand his approach here, plus: European Small/MicroCaps, disassociating from FOMO and his thesis on Shelly Group $SLYG. Leon mentioned a number of names during the interview today and for full disclosure, I am not a shareholder in any of them.
F...
2024-11-0743 minPlanet MicroCap Podcast | MicroCap Investing StrategiesCounter Cyclicality, Buying Scarce Assets, Inflation Protection + Cipher Thesis $CPH.TO with Dylan Marrello, @ragingbullcapMy guest on the show today is Dylan Marrello, better known as @ragingbullcap on Twitter/X. I've been following Dylan for a while now and wanted to invite him on to learn more about investing strategy, philosophy, and most interestingly, what investing themes he's looking at right now. As a natural contrarian, we jammed on a bunch of these ideas, including: counter cyclicality, offshore oil drilling, commercial real estate, coal, buying scarce assets, inflation protection, and more! We also talk at length about his largest position, Cipher Pharmaceuticals.
Dylan mentioned a number of names during the interview...
2024-10-3147 minPlanet MicroCap Podcast | MicroCap Investing StrategiesIt’s Not Necessarily Bottom Fishing Looking at MicroCaps with Paul Cerro, CIO of Cedar Grove Capital ManagementMy guest on the show today is Paul Cerro, CIO of Cedar Grove Capital Management. Paul was recently on Andrew Walker's Yet Another Value Podcast having a conversation about Red Cat Holdings $RCAT - a company we actually interviewed, now way back in the day, in 2019 when they were still on the Pink Sheets. He did an awesome job on the show, and invited him on today to learn more about his investing philosophy, strategy and why it's not necessarily bottom fishing when looking at MicroCaps.
For more information about Paul Cerro and Cedar Grove Capital Management...
2024-10-2439 minPlanet MicroCap Podcast | MicroCap Investing StrategiesMicroCap M&A: UGE Take Private - Why it Happened, Why Now, Lessons Learned with Nick Blitterswyk, CEO of UGE InternationalMy guest on the show today is Nick Blitterswyk, CEO of UGE International. On May 29, 2024, UGE announced an arrangement agreement for going private transaction with NOVA Infrastructure Fund for an all-cash consideration of C$2.00 per common share, a 270% premium to the closing price of the common shares on May 28, 2024. The company officially closed the planned take-private transaction on August 15, 2024. Today's interview has a few factors at play here:
1. We've done quite a few interviews recently here, i.e., with Mathieu Martin and Paul Andreola, about how M&A has been hot, particularly in Canada, for the last 12...
2024-10-1640 minPlanet MicroCap Podcast | MicroCap Investing StrategiesThe Cockroach Approach and the Art of Portfolio Construction with Jason Buck, CIO of Mutiny FundsMy guest on the show today is Jason Buck, CIO of Mutiny Funds. I met Jason at Ian Cassel's MicroCapClub Leadership Summit in Idaho in a classic random, sitting in the back of the presentation conversation, happened to be sitting next to each other, reason why we go to these events-type interaction that ultimately leads to a podcast invite. We cover a ton, but mostly digging into Jason's background and how it inspired the best named investing strategy out there, the Cockroach Strategy.
For more information about Mutiny Funds, please visit: https://mutinyfund.com/
To...
2024-09-181h 03Planet MicroCap Podcast | MicroCap Investing StrategiesPREVIEW: Planet MicroCap Showcase: VANCOUVER in association with Small Cap Discoveries with Paul Andreola, Founder & Editor of Small Cap DiscoveriesMy guest on the show today is Paul Andreola, Founder & Editor of Small Cap Discoveries. Yes, we are shamelessly marketing our upcoming event in Vancouver. Not afraid to admit it. But, we kept it short and sweet. We're serving up about 20 minutes of why Canadian markets may have opportunities galore, recent acquisitions and quick previews on a few companies that will be presenting.
For more information about Small Cap Discoveries, please visit: https://smallcapdiscoveries.com/
To attend our next investor conference, the Planet MicroCap Showcase: VANCOUVER in association with Small Cap Discoveries, taking place at th...
2024-09-1120 minPlanet MicroCap Podcast | MicroCap Investing StrategiesEnd of Summer MicroCap Wrap, $TSSI, Aerospace + Growth Capital for Quality Companies with Maj Soueidan, Founder and Editor at GeoInvestingMy guest on the show today is Maj Soueidan, Founder and Editor at GeoInvesting. We close out what feels like the shortest summer ever to wrap on a few topics, including: MicroCap performance for July and August, $TSSI performance, aerospace, fintwit, growth capital for quality companies and more!
We discussed a number of stocks during our interview today, Maj also may or may not own companies that comprise his Tier One Quality MicroCap Index, please see MS MicroCaps and Geoinvesting for full disclosure.
For more information about MS MicroCap Cliffnotes, please visit: https://mscliffnotes.substack.co...
2024-09-0352 minPlanet MicroCap Podcast | MicroCap Investing StrategiesMomentum, Margin of Safety, Management, Monopoly with Sam McColgan, Analyst at Breakout InvestorsMy guest on the show today is Sam McColgan, Analyst at Breakout Investors. While Sam is relatively new to his investing journey, he has dived right in, getting his reps in, and doing what some of the best investors in our community do: share their ideas to get as much feedback as possible. That's how you grow, that's how you become a better investor faster. In our conversation today, I wanted to highlight Sam's philosophy he's developed for himself thus far, his research process and what his goals are.
For more information about Breakout Investors, please visit...
2024-08-2844 minPlanet MicroCap Podcast | MicroCap Investing StrategiesThe “Golden Threads” that Make Up the Fabric of Success with James Emanuel, Author of “Fabric of Success” and Managing Partner at Rock & Turner Investment CompanyMy guest on the show today is James Emanuel, Author of “Fabric of Success” and Managing Partner at Rock & Turner Investment Company. Quick synopsis of James' book: most businesses are mediocre at best, but a small percentage stand out as exceptional. One thing that distinguishes one type from the other - the management. "Fabric of Success" unravels the golden threads that run through all businesses, like: Apple, Southwest Airlines and more! In our conversation, James and I discuss these "Golden Threads", how "Fabric of Success" is different from similar books like "Intelligent Fanatics" or "Outsiders", and information that was a su...
2024-08-1452 minPlanet MicroCap Podcast | MicroCap Investing StrategiesTilting the Odds in Your Favor with Yale Bock, Owner of Y H & C InvestmentsMy guest on the show today is Yale Bock, Owner of Y H & C Investments. As a Las Vegas local, Yale is all about assessing his odds in any potential investment, and in our conversation we discuss how he tilts the odds in his favor. I've known Yale for a long time and consider him a great friend. He does a ton of management meetings, loves turning over every rock, and I wanted to learn more about how he discerns which companies truly have a competitive advantage or moat.
For more information about Yale Bock and Y...
2024-08-0647 minPlanet MicroCap Podcast | MicroCap Investing StrategiesSpecial Situations are Fun: Heavy Debt, Unidentified Moats, Lumpy Revenue, Uranium with Jacob Rowe, Founder and CIO of Rogue FundsMy guest on the show today is Jacob Rowe, Founder and CIO of Rogue Funds. We met for the first time at my conference in Vegas, and invited Jacob on the show to share with you all his investing philosophy and strategy. Our focus today is special situations: I like to joke sometimes that most MicroCap investing theses are likely special situations, where you're making a calculated bet on an upcoming catalyst, for example. Today's episode, we cover quite a few examples of what makes MicroCaps and special situations synonymous.
For more information about Rouge Funds, please...
2024-07-3055 minPlanet MicroCap Podcast | MicroCap Investing StrategiesSmall Caps Are BACK + Aerospace Opportunities, Info Arb is Everywhere with Maj Soueidan, (Founder and Editor) and Jan Svenda (Senior Equity Analyst) at GeoInvestingMy guests on the show today is Maj Soueidan, Founder and Editor, and Jan Svenda, Senior Equity Analyst, at GeoInvesting. Even though it's been a week to remember in Politics, its also potentially a week to remember in Small/MicroCap land. Both the IWC (iShares Micro-Cap ETF) and Russell 2000 ETF are up about 10-11% in July, causing Small and MicroCap Twitter/X to declare, "WE ARE BACK." Maybe we are, maybe we're not, but Maj, Jan and I discuss this most recent breakout. We discuss opportunities in Aerospace, how there's info arbitrage opportunities everywhere and more!
We...
2024-07-2334 minPlanet MicroCap Podcast | MicroCap Investing StrategiesEnergy Drinks, $KEQU $CNO.V $TSRI + Mid-Year 2024 Wrap with Maj Soueidan (Founder and Editor) and Jan Svenda (Senior Equity Analyst) at GeoInvestingMy guest on the show today is Maj Soueidan, Founder and Editor, and Jan Svenda, Senior Equity Analyst, at GeoInvesting. We're half way through 2024, and it's time to take stock of the year that has been. Quick teaser - in MicroCaps, it's mostly the same as how things ended last year. Having said that, we had a bunch to talk about: energy drinks, a few ideas and thinking about the rest of 2024.
We discussed a number of stocks during our interview today, Maj and Jan also may or may not own companies that comprise their Tier One...
2024-07-031h 02Planet MicroCap Podcast | MicroCap Investing StrategiesDiscovering Canadian MicroCaps in 2024 + Planet MicroCap Showcase: VANCOUVER 2024 Now Open with Paul Andreola, Founder and Editor of Small Cap DiscoveriesMy guest on the show today is Paul Andreola, Founder and Editor of Small Cap Discoveries. I invited Paul on the show today for two reasons: 1. I always enjoy hearing Paul's perspective on what's happening north of the border in MicroCaps, which we cover, and 2. I'm excited to announce that the Planet MicroCap Showcase: VANCOUVER in association with Small Cap Discoveries event registration is now open. The dates for this year are September 25-26, 2024 at the Fairmont Waterfront Vancouver.
In 2023, we successfully launched our first Planet MicroCap Showcase: VANCOUVER at the beginning of September, and Paul Andreola...
2024-06-1823 minPlanet MicroCap Podcast | MicroCap Investing StrategiesControversial Opinions on MicroCap Investing: Future Performance and Fund Flows with Artem Fokin, Portfolio Manager at Caro-Kann CapitalMy guest on the show today is Artem Fokin, Portfolio Manager at Caro-Kann Capital. Even though I just had Artem on the pod for the live podcast panel we did at the Planet MicroCap Showcase: VEGAS, his answer to one of the questions about what his most controversial microcap investing opinion is right now inspired today's invitation back on. Tune in to hear what Artem's answer is and we then dissect what his hypothesis could mean for the MicroCap investing environment.
For more information about Caro-Kann Capital, please visit: http://caro-kann-capital.com/
Artem's first appearance on...
2024-06-131h 07Planet MicroCap Podcast | MicroCap Investing StrategiesMSM Tier One Quality Index Review: $TSSI Victory Lap + GARP/Value Bull Market Just Getting Started with Maj Soueidan, (Founder and Editor) and Jan Svenda (Senior Equity Analyst) at GeoInvestingMy guest on the show today is Maj Soueidan, Founder and Editor, and Jan Svenda, Senior Equity Analyst, at GeoInvesting. In today's episode, we discuss $TSSI and its YTD performance of more than 600% (as of today's recording) and why. We then break down their Tier One Quality MicroCap Index overall performance and why the GARP/Value bull market is just getting started.
We discussed a number of stocks during our interview today, Maj and Jan also may or may not own companies that comprise their Tier One Quality MicroCap Index, please see MS MicroCaps and Geoinvesting for...
2024-06-0541 minPlanet MicroCap Podcast | MicroCap Investing StrategiesCompany Transformations, Efficient Tracking + $IVFH Pitch with Sebastian Krog, Founder and Editor of Treasure Hunting Newsletter on SubstackMy guest on the show today is Sebastian Krog, Founder and Editor of Treasure Hunting Newsletter on Substack. We actually had met a few years ago at our conference in Vegas, the Planet MicroCap Showcase, where he made the long trip from Europe to join us. I invited him on the podcast because he's recently started his Substack, the Treasure Hunting Newsletter, and he's actively getting out there sharing his investing process, philosophy and a few MicroCap investing theses. We talk about all of this and more today!
For more information about the Treasure Hunting Newsletter on S...
2024-05-2842 minPlanet MicroCap Podcast | MicroCap Investing StrategiesPlanet MicroCap Podcast: LIVE in VEGAS! with Artem Fokin, Ben Claremon, Sam Namiri and Michael LiuPANEL: “Planet MicroCap Podcast: LIVE” at the Planet MicroCap Showcase: VEGAS | April 30-May 2, 2024
Moderator: Robert Kraft, Planet MicroCap
Twitter: https://twitter.com/BobbyKKraft
Participants:
Artem Fokin, Caro-Kann Capital
Website: https://caro-kann-capital.com/
Linkedin: https://www.linkedin.com/in/artem-fokin-1a5479/
Sam Namiri, Ridgewood Investments
Website: https://ridgewoodinvestments.com/
Twitter: https://twitter.com/snamiri
Ben Claremon, Devonshire Partners
Twitter: https://twitter.com/BenClaremon
Linkedin: https://www.linkedin.com/in/ben-claremon/
Compounders: https://compounderspod.substack.com...
2024-05-2158 minPlanet MicroCap Podcast | MicroCap Investing StrategiesVEGAS 2024 Recap: Stand-out Management Q&As, Presentations and 1x1s with Maj Soueidan (GeoInvesting) and Mathieu Martin (Rivemont MicroCap Fund)There was so much that happened at the Planet MicroCap Showcase: VEGAS 2024, that I thought it would be fun to do a post-event debrief. Joining me were arguably the two busiest people at the event besides our staff, Maj Soueidan from GeoInvesting and Mathieu Martin from the Rivemont MicroCap Fund, who between them did 14 fireside chats with management teams, attended additional presentations on top of that, and another 20-25 1x1s combined on Thursday. In our chat today, we talked about what Q&As and companies stood out to them, as well as differential insights gained from the 1x1...
2024-05-1350 minPlanet MicroCap Podcast | MicroCap Investing StrategiesEclectic Value, Intelligent Diversification, MicroCap Turnarounds + $VTNR $ASPI $LFMD $CSSE $JYNT $RITM with Chris Abbott, CIO of 1035 Capital ManagementMy guest on the show today is Chris Abbott, CIO of 1035 Capital Management. As it states on the 1035 Capital Management website, "our passion is to uncover these opportunities [companies undergoing fundamental business improvements that should drive future stock returns] before the ramifications of a positive catalyst become evident to the majority of investors, a concept we call “front running the black box.” This quote encapsulates everything we talk about today: the idea of eclectic value, intelligent diversification, MicroCap turnarounds, and we dive into a few stocks that exemplify some of these themes, as well as Chris' 'Small Cap Core' inve...
2024-05-0745 minPlanet MicroCap Podcast | MicroCap Investing StrategiesMSM Tier One Quality Index Review (April 11-18, 2024): Weekly Stats + Q&A Preview and Stocks to Watch at the Planet MicroCap Showcase: VEGAS with Maj Soueidan and Jan Svenda, GeoInvestingMy guest on the show today is Maj Soueidan, Founder and Editor, and Jan Svenda, Senior Equity Analyst, at GeoInvesting. In today's episode, we start off with the weekly breakdown of top gainers and decliners from the Tier One Quality MicroCap Index, and a quick look at TSS Inc., ticker $TSSI. Then, Maj, Jan and I spend some time breaking down all the companies that Maj will be doing a Q&A with at the Planet MicroCap Showcase in Las Vegas, that includes: Intouch Insight, INX.V, DATA Communications Management, DCM.TO, Heritage Global, HGBL, Lakeland Industries, LAKE, Crexendo, Inc., CX...
2024-04-211h 02Planet MicroCap Podcast | MicroCap Investing StrategiesWhy Are We Talking about Up-listing / Cross-listing / Delisting and Why Should We Care with Joe Lucosky, Managing Partner at Lucosky BrookmanMy guest on the show today is Joe Lucosky, Managing Partner at Lucosky Brookman. You might take one look at this title and might not think this is for you; as an investor you might wonder why should you care whether a company decides to uplist, cross-list or even delist? What do these terms even mean? Why is the company wasting their time even considering any of these corporate actions? If you've ever asked yourself this question, whether you're an investor or even an issuer, this is without a doubt the episode for you. Even if you've never thought...
2024-04-1854 minPlanet MicroCap Podcast | MicroCap Investing StrategiesMSM Tier One Quality Index Review (April 1-5, 2024): Weekly Stats, Classic InfoArb + $FTLF $TAYD $CRAWA $SGRP with Maj Soueidan and Jan Svenda from GeoInvestingMy guest on the show today is Maj Soueidan, Founder and Editor, and Jan Svenda, Senior Equity Analyst, at GeoInvesting. We're trying something out here at Planet MicroCap, where on a weekly or bi-monthly basis, Maj and Jan will be hopping on the show to discuss recent performance of their Tier One Quality MicroCap Index, as well as the latest and greatest they have been covering on the MS MicroCaps Substack and the GeoInvesting Newsletters. We're also going to spotlight some names from their index inspired by their recent performance, for example, in today's inaugural episode, we covered SPAR Group, ti...
2024-04-0949 minPlanet MicroCap Podcast | MicroCap Investing StrategiesToffCap’s Investing Universe, What’s Intriguing about Cannabis and Theses on ADF Group $DRX.TO and $DNO with @ToffCapMy guest on the show today is Toffcap - he's a fund manager and Editor of the Toffcap Newsletter on Substack, and @ToffCap on Twitter/X. We discuss a whole host of topics derived from both his newsletter and his posts on social media, including: Toff's criteria, what his investable universe looks like, what's intriguing about cannabis, as well as his investing theses on both ADF Group and DNO.
For more information about ToffCap, please visit: https://toffcap.substack.com/
You can Follow ToffCap on Twitter/X @ToffCap: https://twitter.com/ToffCap
To...
2024-04-0251 minPlanet MicroCap Podcast | MicroCap Investing StrategiesThe Power of Institutional Validation with Griffin Marie, Vice President of Business Development at SumZeroMy guest on the show today is Griffin Marie, Vice President of Business Development at SumZero. We've teamed up with SumZero for a couple fun initiatives for the Planet MicroCap Showcase: VEGAS 2024: the Allocators Roundtable Panel and the "Allocators Power Hour", where we'll have allocators on a panel discussing their mandates and what they are looking for amongst the pool of talented Small/Micro/NanoCap buy side investors. Following that panel from 2pm-6pm we'll have space to host 1x1 meetings for Allocators to meet our buy-side attendees in 30 minute, speed dating meetings.
We're very excited about...
2024-03-2625 minPlanet MicroCap Podcast | MicroCap Investing StrategiesFor the Love of Speculation with Fadi Diab, @TheGladiatorHC and Founder of Phoenix GlobalMy guest on the show today is my friend and frequent guest, Fadi Diab, better known as @TheGladiatorHC on Twitter/X. It's been well over a year since he's been on the show, and we had a bunch of topics I wanted to get his take on, in particular, how the Australian MicroCap market has fared for the Gladiator in 2023 and their performance relative to North American microcaps. Fadi is the eternal speculator and while some of you may run away when you hear mining, cannabis or better yet, psychedelics, he's running as fast as he can towards it...
2024-03-2138 minPlanet MicroCap Podcast | MicroCap Investing StrategiesTier One Quality MicroCap Index and MS MicroCap Cliffnotes with Maj Soueidan (Founder and Editor) and Jan Svenda (Senior Equity Analyst) at GeoInvestingMy guest on the show today is Maj Soueidan, Founder and Editor, and Jan Svenda, Senior Equity Analyst, at GeoInvesting. I welcomed back my friends, Maj and Jan, to discuss their latest venture, MS MicroCap Cliffnotes and their Tier One Quality MicroCap Index. As some of you may know, we run an index as well called the Planet MicroCap Index that we use for educational purposes only to better understand how the general MicroCap market is performing with specific rules that allow for smaller, relatively illiquid names, growthy/pre-revenue/unprofitable names to be included.
Maj and Jan...
2024-03-1352 minPlanet MicroCap Podcast | MicroCap Investing StrategiesBuilding a Small/MicroCap Strategy from Scratch with Brian Bares, Founder, Portfolio Manager, and Research Analyst at Bares Capital ManagementMy guest on the show today is Brian Bares, Founder, Portfolio Manager, and Research Analyst at Bares Capital Management. I had the opportunity to meet Brian at Ian Cassel's MicroCapClub Leadership Summit last year in Chicago, where he participated in a Q&A with Connor Haley and Ian. Brian has an incredible background and vast amount of experience, not just investing in Small/MicroCaps, but also building a small/microcap strategy from scratch. In our conversation today, we talk about what it takes to launch a small/microcap strategy, how that process has changed in the last 25 years and h...
2024-03-0555 minPlanet MicroCap Podcast | MicroCap Investing StrategiesCboe Global Listings Initiative with Erik Sloane, Global Head of Company Listings for Cboe Global Markets (CBOE: CBOE) / Chief Revenue Officer, Cboe CanadaMy guest on the show today is Erik Sloane, Global Head of Company Listings for Cboe Global Markets (CBOE on CBOE) and Chief Revenue Officer for Cboe Canada. On June 2, 2023, Cboe announced the launch of Cboe Global Listings, the first-of-its-kind, global listing network facilitating worldwide access to capital and secondary liquidity for companies and ETFs. Cboe recently acquired the NEO Exchange, and owns exchanges in the U.K., Netherlands and Australia. They are looking to revolutionize the intralistings to facilitate worldwide access to capital and secondary liquidity for companies and ETFs. I invited Erik on today to provide you all with...
2024-02-1445 minPlanet MicroCap Podcast | MicroCap Investing StrategiesHow Regulations Affecting MicroCaps, Tax Loss Selling, Dark Stocks, 2023 Takes, Looking Ahead at 2024 with Sam Namiri, Partner and Portfolio Manager at Ridgewood InvestmentsMy guest on the show today is Sam Namiri, Partner and Portfolio Manager at Ridgewood Investments. Today's conversation is Sam and I catching up on the year that was in 2023, and the year ahead in 2024. He's a frequent guest on the show, and was one of my first friends when I started in this business all the way back in 2011. I always enjoy hearing his perspective on the MicroCap markets as he's one the hardest working investors I know: Sam turns over every rock, will take as many meetings as possible, and works tirelessly to find that next great...
2024-01-1636 minPlanet MicroCap Podcast | MicroCap Investing StrategiesMicroCaps in 2023: Boring is Sexy Again with Paul Andreola (Small Cap Discoveries), Jason Hirschman (Hudson 215 Capital), Maj Soueidan (GeoInvesting)My guests on the show today are fellow MicroCap legends: Paul Andreola, Founder and Editor of Small Cap Discoveries, Jason Hirschman from Hudson 215 Capital, and Maj Soueidan, Founder and Editor of GeoInvesting. In this conversation, consensus was that MicroCap stocks in 2023, boring is sexy again. We spent 90 minutes talking about why. And, to be honest, we could've gone another 3 hours. So much quality back and forth, that at one point, I just sat back and watched Paul, Jason and Maj talk. I loved this whole conversation, and I think you will too.
Paul Andreola
Twitter: h...
2023-12-271h 22Planet MicroCap Podcast | MicroCap Investing StrategiesRecent Canadian MicroCap Buyouts: What’s Going on Here with Mathieu Martin, Portfolio Manager at Rivemont Investments and Editor of the Stocks & Stones NewsletterMy guest on the show today is Mathieu Martin, Portfolio Manager at Rivemont Investments and Editor of the Stocks & Stones Newsletter. Recently, Canadian MicroCap buyouts have been gaining focus - as Mathieu points out in our conversation, there's been 10 non-resource Canadian MicroCap transactions in 2023. While that may not seem that much, the frequency they've been happening of late has us MicroCap warriors taking note. I invited on my friend and colleague, Mathieu Martin, to chat with me about what is going on here and whether we think M&A will continue to move at this fast rate with the fe...
2023-12-1238 minPlanet MicroCap Podcast | MicroCap Investing StrategiesQuantitative MicroCap Investing with ”GUTS” with Ryan Telford @Rtelford_investMy guest on the show today is Ryan Telford, Private Investor and better known as @Rtelford_invest on Twitter/X. We've been following each other for a while, and after having the chance to meet Ryan, during lunch at SmallCap Discoveries event in Vancouver, and learning a little bit about MicroCap quant strategy, I invited him on to share his strategy. The format for this interview is a little different - Ryan put together a great presentation called, "Quantitative MicroCap Investing with 'GUTS'", and I wanted him to run with it. Also, the video version of today's pod, which...
2023-10-311h 06Planet MicroCap Podcast | MicroCap Investing StrategiesVANCOUVER 2023 Investor Keynotes with Paul Andreola / Dave Barr / Harold Leishman / Ryan Irvine / Hamed Shahbazi / Brent ToddFor this episode, I compiled all the investor keynotes into one extra long audio episode for you to consume (each individual keynote is on the Planet MicroCap YouTube Channel). Quick note on audio, this was all recorded live at the event with live Q&A, so please excuse any time lapses in between questions during the Q&A portion and keep in mind for quality purposes. Each speaker provided incredible insights, and the order for each segment goes:
1. Paul Andreola (SmallCap Discoveries): https://www.youtube.com/watch?v=q-K1i4hTwVY
2. Dave Barr (PenderFund): https...
2023-09-212h 32Planet MicroCap Podcast | MicroCap Investing StrategiesRevisiting ”MicroCaps” White Paper, International MicroCaps and Industrials/Tech/Consumer Sector Takes with Donald Porter, Portfolio ManagerMy guest on the show today is Donald Porter, Portfolio Manager and most recently an Equity Research Analyst at Wellington Management. I am extremely grateful that I've had the opportunity to host this podcast for the last 8 years - I say this because, this sounds crazy to say, I last hosted Donald on the show in July 2016, when he was at DGHM to discuss his first white paper "MicroCaps Value Uncovered." We were reconnected by Doug Porter from Acuitas Investments (no relation by the way - thank you Doug), and it just so happens that Donald had updated his wh...
2023-09-0536 minPlanet MicroCap Podcast | MicroCap Investing StrategiesThe MicroCap Double Whammy: Poor Stock Performance + No Allocation = Opportunity with Jonathan Boyar, President of Boyar ResearchMy guest on the show today is Jonathan Boyar, President of Boyar Research. I recently saw Jonathan as a guest on the Value After Hours podcast with Tobias Carlisle and Jake Taylor, and invited him on to get his perspective on the markets in 2023, as well as his take on MicroCap performance. As the title states, we've been experiencing a double whammy in MicroCaps: poor stock performance over the last two years and allocators are not distributing funds to MicroCap strategists. We talk at length about why this environment is fertile ground for MicroCap investors that know what they...
2023-08-2934 minPlanet MicroCap Podcast | MicroCap Investing StrategiesVANCOUVER Presenting Company Breakdown with Paul Andreola, Founder and Editor of SmallCap DiscoveriesMy guest on the show today is Paul Andreola, Founder and Editor of SmallCap Discoveries. Paul had a great idea in advance of the conference that we do a short breakdown of all the Presenting Companies currently listed (all subject to change) to participate in the event. I like to be very collaborative when putting together our events and what companies folks would be interested in seeing, and that was especially the case for our first event up in Vancouver - Paul and his team were integral to that process. We just opened our 1x1 meeting platform this week...
2023-08-2257 minPlanet MicroCap Podcast | MicroCap Investing StrategiesInterviewing Company CEOs: The Must-Ask Question Checklist Every Investor Needs with Gary Mishuris, Managing Partner and CIO at Silver Ring Value PartnersMy guest on the show today is Gary Mishuris, Managing Partner and CIO at Silver Ring Value Partners. As I've mentioned on every show leading up, we have our conference, the Planet MicroCap Showcase: VANCOUVER coming up on September 6-7, 2023 (planetmicrocapshowcase.com for more information), and it is a great opportunity for attendees to meet with MicroCap management teams and ask them questions. We've covered this topic quite often here on the show, but: 1. We haven't in a while, and 2. Gary's article, same as today's episode title, I think provides a solid framework/check list of questions that every investor c...
2023-08-1549 minPlanet MicroCap Podcast | MicroCap Investing StrategiesWhy/Why Not Invest in Illiquid MicroCap Stocks + $OTCM $CSU.TO $AEP.V $GLXZ with Simon Handrahan, Editor of Margin of Safety Investing NewsletterMy guest on the show today is Simon Handrahan, Editor of the Margin of Safety Investing Newsletter. He recently shared a Tweet (or a post now, an "X", I don't know), where he asked his audience: "Individual investors: why don't you invest in illiquid microcaps?" When you deal with MicroCaps, there's a good chance you'll come across a company you might like that meets all your criteria, and it barely trades. This is not news to most of you, but I thought the question that Simon posted on Twitter/X got me thinking: how illiquid is too illiquid? Is...
2023-08-0844 minPlanet MicroCap Podcast | MicroCap Investing StrategiesBanks, Entertainment, Smallcap Value + “Quiet Compounders” with Ben Claremon, Host of the Compounders PodcastMy guest on the show today is Ben Claremon, Host of the Compounders Podcast. Ben and I have been in the lab focused on a re-imagining of the Compounders Podcast, and we're finally ready to unveil some exciting new content on that podcast feed. I invited Ben on Planet MicroCap today to talk about what the new look Compounders Podcast is all about, plus: banks, entertainment industry, smallcap value, as well as what he describes as "Quiet Compounders". Be sure to subscribe to the Compounders Podcast audio feed which is available on Apple, Spotify or wherever you listen to po...
2023-08-0147 minPlanet MicroCap Podcast | MicroCap Investing StrategiesHow to Identify Multibagger Stocks with Paul @InvestmentideenMy guest on the show today is Paul, a small and microcap investor better known by his Twitter handle @Investmentideen. We've been going back and forth on doing an interview for a while, and he recently published a thread on how Paul Andreola and Brandon Mackie's investing framework, "Small Cap Discovery", has impacted his investing process. The thread is in the show notes by the way. Paul and Brandon are great friends of Planet MicroCap, and the presentation they did on this framework back in 2016, I was in the room for that, not to mention the many times both o...
2023-07-2748 minPlanet MicroCap Podcast | MicroCap Investing StrategiesMid-Year 2023 MicroCap Review with Andrew Walker (Yet Another Value Podcast) Jason Hirschman (Hudson 215 Capital) Maj Soueidan (GeoInvesting)I got a full panel today for this episode: Andrew Walker, Host of the Yet Another Value Podcast, Jason Hirschman, Managing Director of Hudson 215 Capital and Maj Soueidan, Founder of GeoInvesting.com. Last year when we did the mid-year review, we all needed a nice glass of whiskey to drown our sorrows in the bloodbath of 2022 for MicroCaps. 2023 has been slightly kinder - all major indices have been up on the year and as per usual, Small / MicroCaps have lagged. I invited my esteemed colleagues to talk about all of this and more!
Andrew Walker
...
2023-06-291h 08Planet MicroCap Podcast | MicroCap Investing StrategiesUtilizing CHAOS Formula to Find MicroCap Disruptors with Chris Wood, Chief Investment Officer of RiskHedgeMy guest on the show today is Chris Wood, Chief Investment Officer of RiskHedge. Founded in 2018, Chris and his team at RiskHedge run a newsletter helping subscribers anticipate and profit from the biggest disruptive trends shaping our world. They look at opportunities everywhere, but Chris has an affinity for MicroCaps, where he can deploy his own proprietary CHAOS formula to find disruptive companies within the MicroCap ranks. In our conversation today, Chris shares what his "CHAOS Formula" is (which stands for Change, Hype, Acceleration, Ownership and Size) and applies that formula for a few investment ideas he's looking at...
2023-06-2055 minPlanet MicroCap Podcast | MicroCap Investing StrategiesIntroducing...Planet MicroCap Showcase: VANCOUVER + Canadian MicroCaps in 2023 with Paul Andreola, Founder of Smallcap DiscoveriesI promise you what you are about to hear is not just Paul and I talking about my next event, the Planet MicroCap Showcase: VANCOUVER - taking place September 6-7, 2023. But since you mention it, we are really excited to introduce and welcome you all to my next event on the MicroCap investor conference calendar, the Planet MicroCap Showcase: VANCOUVER - taking place September 6-7, 2023 at the Fairmont Waterfront.
Paul Andreola and his team at Smallcap Discoveries are lead sponsors for this event, and will be my personal escort through all of Vancouver. All jokes aside, we...
2023-06-1319 minPlanet MicroCap Podcast | MicroCap Investing StrategiesDeciphering ”Missionaries vs. Mercenaries” MicroCap CEOs with Howard Punch, President and CIO at Punch & Associates Investment Management, Inc.My guest on the show today is Howard Punch, President and CIO at Punch & Associates Investment Management, Inc. Punch & Associates is a boutique investment advisory firm that has both a Small Cap and MicroCap Equity Strategy available for their clients. I invited Howard on to learn more about their equity strategies, his firm's approach to investing in MicroCaps, as well as their investing philosophy. We also chatted at the top of the conversation about how he would compare this current pessimism in Small/MicroCaps to other times in history where this pessimism existed - his take I found really...
2023-05-1648 minPlanet MicroCap Podcast | MicroCap Investing StrategiesPlanet MicroCap Podcast: LIVE with Ryan Irvine, Sam Namiri, Harris Perlman and Mathieu MartinFor this episode of the Planet MicroCap Podcast, I'm sharing with you the Planet MicroCap Podcast: LIVE panel recording that we did last week at the Planet MicroCap Showcase 2023 at the Horseshoe Hotel & Casino in Las Vegas. Joining me on this panel are: Ryan Irvine (@RyanIrvine75), Sam Namiri (@snamiri), Harris Perlman (@ottermarket) and Mathieu Martin (@espacemc). Please enjoy!
Today's episode is sponsored by:
Stream by AlphaSense, an expert interview transcript library that integrates AI-generated call summaries and NLP search technology so their clients can quickly pinpoint the most critical insights. Start your FREE trial on...
2023-05-091h 00Planet MicroCap Podcast | MicroCap Investing StrategiesIt’s Now the ”Discovery” Fund, not the ”MicroCap” Fund - Why? with Darren Chervitz, Portfolio Manager at Jacob Asset Management on the Discovery Fund StrategyMy guest on the show today is Darren Chervitz, Portfolio Manager at Jacob Asset Management on the Discovery Fund Strategy. This was the last recording I did prior to the conference, and I'll be sharing the live podcast from Vegas next week. In the last 12-18 months, I've noticed a few firms changing the name of the "MicroCap" strategy to the "Discovery" fund or strategy, and there's a bit more nuance to its reasoning that from a marketing perspective, can be more inclusive. Darren jumps on to discuss the strategy change, plus a full on deep dive into MicroCaps...
2023-05-0450 minPlanet MicroCap Podcast | MicroCap Investing Strategies2023 Macro Trends and their Effect on MicroCaps with John Petrides, Portfolio Manager at Tocqueville Asset ManagementMy guest on the show today is John Petrides, Portfolio Manager at Tocqueville Asset Management. This is primarily a MicroCap podcast, we chat all about the world of MicroCap stocks and what is going on in the space. Today, we go macro. There's a world beyond our little bubble here in MicroCaps, and some of what's happening there can have a trickle down effect. John is a regular guest on several financial news networks for his market insights and analysis. I'm putting on my best CNBC / Fox Business anchor hat and we cover as many 2023 macro trends as we c...
2023-04-1240 minPlanet MicroCap Podcast | MicroCap Investing StrategiesThe Largest Allocator to MicroCap Managers in the World with Chris Tessin, Managing Partner and CIO at Acuitas InvestmentsMy guest on the show today is Chris Tessin, Managing Partner and CIO of Acuitas Investments. As the title states, Acuitas is the largest allocator to MicroCap managers in the world - their Microcap strategy pursues its investment objective using a multi-manager process by allocating assets among one or more high confidence managers that invest in inefficient segments of the equity markets. I wanted to learn more about their MicroCap fund of funds strategy and their experience working with MicroCap managers.
I've had a number of conversations with MicroCap fund managers in recent months, and in addition...
2023-04-0449 minPlanet MicroCap Podcast | MicroCap Investing StrategiesDiscerning Management Commentary: Are They Being Real or Saying What We Want to Hear? with Josh Womack and Tom Carey, Womack Capital PartnersMy guests on the show today are Josh Womack and Tom Carey from Womack Capital Partners. This episode is especially timely with our conference coming up in Las Vegas because, as we covered here many times before, when you invest in a MicroCap stocks, you're primarily making a bet on the jockey aka management. That means part of your due diligence process, in my opinion, should be listening to conference calls, interviews, presentations management has done, as well as meet with management in a 1x1 meeting and asking as many questions as you have. We've done many episodes discussing...
2023-03-2843 minPlanet MicroCap Podcast | MicroCap Investing Strategies”Keystone Coverage” Ideas in Vegas: $ELA and $GEO.TO with Ryan Irvine, Founder of Keystone FinancialMy guest on the show today is Ryan Irvine, Founder of Keystone Financial. He'll be joining us in Las Vegas, where not only will he be on the Planet MicroCap Podcast: LIVE panel along with Sam Namiri, Harris Perlman and Mathieu Martin, Ryan will be moderating a few sessions with companies that are within the "Keystone Coverage" universe. Ryan's firm, Keystone Financial, is an independent research firm that provides their investors with BUY/SELL/HOLD advice on undervalued micro, small, and mid-cap growth and value stocks. As their website states, "Real companies, producing real revenue and earnings growth, trading...
2023-03-2143 minPlanet MicroCap Podcast | MicroCap Investing Strategies”Top Tier” Ideas Track in Las Vegas, Top Tier Criteria and Sneak Peak at 4 Presenters: $ATGN $INX.V $LIFD $HGBL with Maj Soueidan, Founder & Editor of GeoInvesting.comMy guest on the show today is Maj Soueidan, Founder & CEO of GeoInvesting.com. In my opinion, Maj is a legend in MicroCap investing. In my nearly 10+ years of getting to know Maj, his investing style, and how he evaluates companies, he's on the Mount Rushmore of MicroCap investors of the last 20+ years. This is the reason I invite Maj to be a guest on my show, as well as headline any conference we do. When he speaks, you should listen, and if you have a chance to meet him and chat with him, you should.
Maj...
2023-03-1445 minPlanet MicroCap Podcast | MicroCap Investing StrategiesYAVP/Planet MicroCap Collab, Finance Podcast Takes, Twitter Debrief, Corporate Governance + YAVP LIVE in Las Vegas with Andrew Walker, Host of the Yet Another Value Podcast (YAVP)Speaking of Vegas, we just announced initial speakers and sponsors for our event, a list that includes my guest today on the show, Andrew Walker, Host of the Yet Another Value Podcast. Andrew will be hosting three (3) LIVE podcast conversations, three separate guests with three different ideas being discussed. We are about TWO MONTHS AWAY now, so be sure to register at www.PlanetMicroCapShowcase.com.
Andrew and I also recently announced our collaboration on his show, Yet Another Value Podcast. I truly think that he has the best show breaking down investors' ideas, and in my opinion, in a w...
2023-02-2836 minPlanet MicroCap Podcast | MicroCap Investing Strategies2022 in a Nutshell, Recognizing Mistakes, Improving his Process and 2023 Outlook with Yaron Naymark, Founder and Portfolio Manager at 1 Main CapitalFor today's show, I invited back on Yaron Naymark, Founder and Portfolio Manager at 1 Main Capital. Last time I had Yaron on the show, it was in July 2022 chatting about the First Half 2022 MicroCap bloodbath, which of course we all know, got worse (Planet MicroCap Index was down ~40% for the year). I've had a few investors on here to start 2023, where we dissected 2022, what worked, what didn't, and while Yaron and I start off the conversation that way, the reason I always enjoy having him on the show is that he has a unique ability to simplify. I just...
2023-02-2140 minPlanet MicroCap Podcast | MicroCap Investing StrategiesMicroCap Observations for 2022, Indicators for 2023 Trends? with Artem Fokin, Founder and Portfolio Manager at Caro-Kann CapitalI invited Artem Fokin, Founder and Portfolio Manager of Caro-Kann Capital to do our version of a 2022 wrap-up in MicroCaps and whether or not our observations could be indicators of trends for 2023. 2022 was a difficult year for almost everyone's portfolio across the board, especially if you are an active MicroCap investor, and so we reflect on events that could've been catalysts for steep declines in MicroCap stock prices. Artem and I also provide our observations, including our thoughts on who the biggest winners and losers were for 2022.
For more information about Caro-Kann Capital, please visit: http://caro-kann-capital.c...
2023-01-021h 16Planet MicroCap Podcast | MicroCap Investing StrategiesEp. 251 - Leveraging Your Stock Watchlist and Defining a Decent Business with Nat Stewart, Founder of NAS CapitalFor this episode of the Planet MicroCap Podcast, I spoke with Nat Stewart, Full-time private investor, Founder of NAS Capital and Editor of the Nat Stewart - Stock Picking Newsletter on Substack. At the time of the recording, only a couple weeks ago, it seemed there was a never ending stream of bad news in finance. So, Nat and I wanted to share with you a good ole fashioned MicroCap conversation. Tune out all the noise by joining Nat and I talking about our mutual love of MicroCap stocks, as well as his investing philosophy with an idea that...
2022-11-3051 minPlanet MicroCap Podcast | MicroCap Investing StrategiesEp. 249 - Beware of Carrot Chasers with Brian Weber, General Partner at BRW InvestorsFor this episode of the Planet MicroCap Podcast, I spoke with Brian Weber, General Partner at BRW Investors. I've known Brian for a few years now, and we actually did a fun panel in 2021 with fellow guests of the show, Chris Krug and Artem Fokin, discussing MicroCap Due Diligence in the virtual world. Brian is as active a MicroCap investor as it gets, who has the record, or is right up there for doing the most 1x1 meetings (at least at our events) in the last few years. In our discussion, we talk about his background, where we have...
2022-11-0346 minPlanet MicroCap Podcast | MicroCap Investing StrategiesEp. 248 - Time to Look for “Fallen Angels” Stocks? with Fadi Diab (@TheGladiatorHC) and Billy Duberstein (Stone Oak Capital)For this episode of the Planet MicroCap Podcast, I spoke with Fadi Diab @TheGladiatorHC on Twitter and Billy Duberstein from Stone Oak Capital. We recently published the Q3 2022 issue of the Planet MicroCap Review magazine, which is now available on SCRIBD, ISSUU and Substack. The theme for this issue is "Time to Look for “Fallen Angels” Stocks?". According to the Planet MicroCap Index, from Jan 2022 to the end of Q3, MicroCaps are down 34.74%, not too far off from all major indices. Almost every MicroCap company you look at is down at least 30%-50% on average. As my friend and coll...
2022-10-2556 minPlanet MicroCap Podcast | MicroCap Investing StrategiesEp. 247 - Finding Anomalies, Community Banks, RCI 3.0 and LDI Pension Crisis with Andrew Martin and Nick Peters, Fairlight Capital LLCFor this episode of the Planet MicroCap Podcast, I spoke with Andrew Martin and Nick Peters, CEO and CIO of Fairlight Capital LLC. Fairlight Capital LLC is an alternative investment manager with exposure to Small and MicroCap stocks that I've been following for a while, and its long overdue to have Andrew and Nick on the show. They recently published the Q3 2022 investor letter, so I wanted to dive in to a bunch of topics they brought up in there: value in US community banks, LDI Pension Crisis, outlook for the remainder of 2022, plus their investing strategy and research...
2022-10-201h 08Planet MicroCap Podcast | MicroCap Investing StrategiesEp. 243 - LIVE: Does Mining Have a PR Problem? with Dr. Nicole Adshead-Bell, Tavi Costa and Jamie HolmanFor this episode of the Planet MicroCap Podcast, I'm sharing with you the live Planet MicroCap Podcast panel I hosted at the Precious Metals Summit in Beaver Creek recorded last week. Joining me for this panel was Dr. Nicole Adshead-Bell, President at Cupel Advisory, Jamie Holman, Portfolio Manager at Merk Investments and Tavi Costa, Partner and Portfolio Manager at Crescat Capital. The original theme for the panel was "Pro Tips on Investing in Junior Miners", which we do answer, but the overall take home message from the live audience was our discussion about the Mining industry's PR problem. We...
2022-09-2044 minPlanet MicroCap Podcast | MicroCap Investing StrategiesEp. 242 - Focus on KPI’s and MicroCap Pessimism with Maj Soueidan, GeoInvesting.com, and Quim Abril, Draco GlobalFor this episode of the Planet MicroCap Podcast, I spoke with Maj Soueidan from GeoInvesting.com, and Quim Abril, Portfolio Manager of Draco Global. I haven't had Maj on the pod for a little bit, and it's been a long summer, with a potentially longer winter ahead of us, and I wanted his thoughts on navigating our current MicroCap environment. Maj also recommended having Quim Abril on the show to give his take as well, and talk about his investing course geared towards native Spanish speakers. We discuss in depth that right now, at this point in 2022, when looking...
2022-09-151h 12Planet MicroCap Podcast | MicroCap Investing StrategiesEp. 240 - Navigating the Extremely Bearish Sentiment in Cannabis with Aaron Edelheit, CEO of Mindset CapitalFor this episode of the Planet MicroCap Podcast, I spoke with Aaron Edelheit, Author of “The Hard Break: The Case for the 24/6 Lifestyle” and CEO of Mindset Capital. While most of the MicroCap space has had a rough year in 2022, I'd argue that two sectors that have particularly had it rough are Mining and Psychedelics (which we talked about in Episode 239 with Fadi Diab). Probably the sector, however, that has received, not only the least amount of "love" so to speak, it's being completely forgotten about and not mentioned at all - Cannabis! I've heard Aaron on multiple podcasts talk...
2022-09-011h 11Planet MicroCap Podcast | MicroCap Investing StrategiesEp. 238 - Global Digital Divide: Understanding China’s Role in Global Technology and...MicroCaps with Rick Carew, Visiting Lecturer of Global Commerce at University of VirginiaFor this episode of the Planet MicroCap Podcast, I spoke with Rick Carew, full-time investor as well as visiting lecturer at the McIntire School of Commerce at the University of Virginia and former Reporter and Editor at the Wall Street Journal covering Asia Finance. I recently met Rick via Twitter when chatting about one of the recent Due Diligence pods; after learning more about his background and expertise, we had to do an episode. At the University of Virginia, Rick has taught a course titled, "Global Digital Divide: Big Tech in a Multipolar World" that explores how executives and...
2022-08-1857 minPlanet MicroCap Podcast | MicroCap Investing StrategiesEp. 235 - Breaking Down Serial Acquirers with Carter Johnson, Founder of MCJ Capital PartnersFor this episode of the Planet MicroCap Podcast, I spoke with Carter Johnson, Founder of MCJ Capital Partners. We were introduced by Adam Mead, whom he dubbed his "MicroCap" guy - so shout out to Adam and thank you! I've done a few interviews over the years with MicroCap management teams claiming that their holding company is the next Berkshire or a mini-Berkshire, the goal being to build the next multi-billion dollar conglomerate. I say this slightly in jest because I'm not sure how many of those companies are still around, however, it inspired my conversation with Carter today...
2022-07-2848 minPlanet MicroCap Podcast | MicroCap Investing StrategiesEp. 234 - First Half 2022 MicroCap Bloodbath with Jason Hirschman (@EightTrack180) Yaron Naymark (@1MainCapital) Josh Young (@Josh_Young_1)For this episode of the Planet MicroCap Podcast, I invited on frequent guests and friends of the show: Jason Hirschman from Hudson 215 Capital, Yaron Naymark from 1 Main Capital and Josh Young from Bison Interests. If you've been following MicroCap performance for 2022, it's nothing short of a bloodbath; data from the MicroCap Review Index shows that the space is down ~27% since the New Year. I wanted to make sense of this with three of the best minds in the game today.
You can Follow Jason Hirschman on Twitter @EightTrack180: https://twitter.com/EightTrack180
You can Follow...
2022-07-221h 19Planet MicroCap Podcast | MicroCap Investing StrategiesEp. 233 - Activism in MicroCaps: Making a Business Grow is Not Easy with Tim Eriksen, Founder and Portfolio Manager at Cedar Creek PartnersFor this episode of the Planet MicroCap Podcast, I spoke with Tim Eriksen, Founder and Portfolio Manager at Cedar Creek Partners. We are continuing "Tim Eriksen"-week here on Planet MicroCap - be sure to check out our interview talking about Solition Devices (OTC: SODI), where Tim is the CEO. In addition to being CEO of a publicly traded company, Tim runs Cedar Creek Partners that focuses on Micro and Small Cap equities. We answer all your questions that came through on Twitter, and as the title suggests, making a business grow is not easy. Tim has no fear tak...
2022-07-1454 minPlanet MicroCap Podcast | MicroCap Investing StrategiesEp. 232 - Criteria for Small and MicroCap Opportunities in Market Drawdowns with Sharon Wang, Senior Investment Analyst at PenderFundFor this episode of the Planet MicroCap Podcast, I spoke with Sharon Wang, Senior Investment Analyst at PenderFund. We originally met when Sharon moderated a panel, titled, "MicroCap Technology Growth Companies" at our virtual event in December 2021 (highly recommend checking that out), and I wanted to get to know Sharon and her investing philosophy better. Assuming that you've been following the news, or better yet seen the performance from the MicroCap Review Index, the broader markets have been taking a bit of a shellacking with MicroCaps taking the brunt of this beatdown. With all this in mind, the best...
2022-07-0748 minPlanet MicroCap Podcast | MicroCap Investing StrategiesEp. 230 - Deep Value MicroCap Investing with Michael Melby, Founder and Portfolio Manager at Gate City Capital ManagementFor this episode of the Planet MicroCap Podcast, I spoke with Michael Melby, Founder and Portfolio Manager at Gate City Capital Management. I've met Michael at multiple MicroCapClub Leadership Summits, where I think he's participated in multiple stock pitches at those events. I'd been wanting to chat with Michael for a while on the pod, and I'm stoked that we could make it happen. Michael is a deep value microcap investor. Simply put, we spend our time breaking down what that means and going through some examples that demonstrate that philosophy.
For more information about Gate City...
2022-06-221h 04Planet MicroCap Podcast | MicroCap Investing StrategiesEp. 226 - Planet MicroCap Podcast: LIVE with Brandon Mackie, Jason Hirschman, Emily Paxhia and Gary RibeFor this episode of the Planet MicroCap Podcast, I'm sharing with you the Planet MicroCap Podcast: LIVE panel recording that we did last week at the Planet MicroCap Showcase 2022 at Bally's Hotel & Casino in Las Vegas. Joining me on this panel are: Brandon Mackie (Smallcap Discoveries), Jason Hirschman (@EightTrack180), Emily Paxhia (@empax1) and Gary Ribe (@EnterprisingInv). For those tracking MicroCap Stocks in 2022, it hasn't been a pretty picture (MicroCap Review Index MCRI was down 16.56% YTD at the time of this recording), so we wanted to answer the question: are we in a bear market for MicroCap Stocks? Have there...
2022-05-1147 minPlanet MicroCap Podcast | MicroCap Investing StrategiesEp. 225 - Turning $10,000 Investment in 2009 to $7 Million in 12 years Investing in MicroCap Stocks with Mariusz Skonieczny, Founder of MicroCap ExplosionsFor this episode of the Planet MicroCap Podcast, I spoke with Mariusz Skonieczny, the Founder of MicroCap Explorations. We were connected on Twitter when I put out a tweet asking for MicroCap investors that I haven't had on the show yet, quite a few of you suggested Mariusz. I really enjoyed getting to know Mariusz, his background, how MicroCap investing fit his personality and how he was able to turn $10,000 investment in 2009 to $7 Million in 12 years.
For more information about Mariusz Skonieczny and MicroCap Explorations, please visit: https://microcapexplosions.com/
You can Follow Mariusz Skonieczny o...
2022-05-0445 minPlanet MicroCap Podcast | MicroCap Investing StrategiesEp. 223 - Expressing Macroeconomic Theses through MicroCap Stocks with Sid Grover, Founder and Managing Partner at Canterbury Lane HoldingsFor this episode of the Planet MicroCap Podcast, I spoke with Sid Grover, Founder and Managing Partner at Canterbury Lane Holdings. A recent guest on Planet MicroCap, when pitching Sid to be a guest on the show, said to me that he expects him to be the next Billionaire that started in the MicroCap ranks. After meeting Sid and our conversation you're about to hear, I can see why. I really enjoyed learning about Sid's approach to investing - taking a macro view of the world, and trying to express that thesis in equities. Simple concept in theory, but...
2022-04-201h 05Planet MicroCap Podcast | MicroCap Investing StrategiesEp. 221 - Tips and Strategies to be Successful Investing in Resource Stocks with Bill Powers, Host of the Mining Stock Education PodcastFor this episode of the Planet MicroCap Podcast, I spoke with Bill Powers, Host of the MiningStockEducation.com Podcast and Full time investor in resource stocks. He will be moderating a panel at the event called, “Expert Tips and Strategies for Profitably Investing in Junior Mining Stocks” with Gwen Preston and David Erfle. I was a guest on Bill's podcast recently, so we wanted to do a "home-and-home" to discuss his upcoming appearance in Vegas, as well as dig into the topic of investing in Junior Mining Stocks. As you know, I try and be judicious to all MicroCap inve...
2022-04-0649 minPlanet MicroCap Podcast | MicroCap Investing StrategiesEp. 220 - ”Je Ne Sais Quoi” Investing and Let’s Go to Portugal with Manuel Mauricio, Founder and Editor of AllInStocks.comFor this episode of the Planet MicroCap Podcast, I spoke with Manuel Mauricio, Founder and Editor of AllInStocks.com. We've talked at length on this podcast about investing is more an art than science, where sometimes, even a disciplined investor may slightly alter their criteria because there was something about an idea that caused them to dive deeper or ignore entirely. That's what Manuel and I try to unpack in today's episode, the concept of "Je Ne Sais Quoi", the inexplicable about a potential investment. And, since Manuel is based in Portugal, we closed out today's pod with how...
2022-03-301h 06Planet MicroCap Podcast | MicroCap Investing StrategiesEp. 219 - Trading in Crisis with Alex Gurevich, Founder and Chief Investment Officer at HonTe AdvisorsFor this episode of the Planet MicroCap Podcast, I spoke with Alex Gurevich, the Founder and Chief Investment Officer at HonTe Advisors. Alex's new book, "The Trades of March", which is currently on sale, focuses on how his decision making evolved throughout the on-set of the COVID-19 crisis and beyond. Crises are inevitable, unfortunately, we're in the middle of a horrible one right now with the humanitarian crisis and despicable invasion of Ukraine. Alex discusses managing the psychological turmoil of trading through crises, and doing one's best to overcome irrational thinking. I am certain you will find a strategy...
2022-03-2354 minPlanet MicroCap Podcast | MicroCap Investing StrategiesEp. 216 - Value Investing Trends and Observations, and Golf with Joe Koster, Founder of Sorfis Investments LLCFor this episode of the Planet MicroCap Podcast, I spoke with Joe Koster. He is the Founder of Sorfis Investments LLC. We had met at one of the MicroCap virtual networking events, I believe it was the MicroCap Leadership Summit - thank you, Ian - then re-introduced by Mike Pruitt, thank you Mike, who Joe worked with for a number of years. Joe is also Editor of the finance newsletter, Value Investing World, and with the recent flock to value, I wanted to get his perspective on why, as well as other trends and observations he's been noticing within...
2022-03-0345 min