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Archive For: Blog

The Case for Global SmallCaps

The Case for Global SmallCaps

Wasatch Funds published this white paper which gave some interesting statistics on global smallcaps. One of the most interesting areas is their analysis of smallcap stocks in developed vs emerging markets/countries. Even though this white paper is geared towards smallcaps…

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The First Million

The First Million

Getting Started is hard work. Warren Buffett’s right hand man, Charlie Munger is quoted, “The first $100,000 is a bitch”. Warren Buffett made his first $100,000 in the early 1950’s when he was still an individual investor, compounding his capital…

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Empowering Management

Empowering Management

Most US microcap success stories were first turnaround stories. Let me explain. In most cases a private company’s management team is approached about going public from a consultant, investment banker, etc. These people will make money from taking the company…

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Life Is Too Short To Diversify

Life Is Too Short To Diversify

In MicroCap Portfolio Management and Position Sizing, I wrote about successful investors like Walter Schloss who owned over 100 positions, and Warren Buffett having held as few as five positions. Success has been shown on both extremes. The key lesson…

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The Art of Interviewing Management

The Art of Interviewing Management

By Chip Maloney, Investor and MicroCapClub Member In the last blog post, Talking To Management, Ian argued for the importance of talking with management of microcap companies.  Over my 15 years of investing in microcaps, talking with dozens of CEOs…

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