MicroCapClub Interview with Portfolio Manager Michael Corbett of Perritt Capital Management

Ian Cassel Blog, Interviews Leave a Comment

Maybe 10 microcap funds have a 20+ year track record.  The Perritt MicroCap Opportunities Fund (PRCGX) is one of them.  Dr. Gerald Perritt founded the firm in 1987.  Michael Corbett joined Perritt in 1990, and in 1999 became the lead manager of  The Perritt MicroCap Opportunities Fund.  Michael also became the portfolio manager for The Perritt Ultra MicroCap Fund (PREOX) at its inception in 2004.   Today, Michael Corbett is the CEO, CIO, and Portfolio Manager for all equity portfolios at Perritt.  I’ve been looking forward to this interview for a variety of reasons, but the biggest one is that the Perritt Ultra MicroCap Fund has the lowest average market cap among all domestic equity funds ($57m).  This fund boldly goes where no other equity fund goes, NanoCaps.   (Click the Play button below to Listen).

Michael Corbett Interview

During this interview with Michael Corbett, we discuss:

  • Michaels background and what lead him on his career path
  • Buying and Selling strategies at Perritt Capital Management
  • Due Diligence Process
  • Launching The Perritt Ultra MicroCap Fund
  • What were some of the funds recent winners
  • The struggles of educating investors on microcap volatility
  • Who does Michael look up to in the microcap space

The MicroCapClub (mc2) is an exclusive micro cap forum focused on micro cap companies (sub $300m market cap). The MicroCapClub was created and founded by Ian Cassel as a way to share ideas and to learn from other seasoned like-minded micro cap investors. Our goal at MicroCapClub.com is quality membership and quality stock ideas.  If you are an experienced micro cap investor, feel free to Apply today.

About the Author

Ian Cassel

Facebook Twitter

Ian is a full-time microcap investor. He is the founder of MicroCapClub, CIO of Intelligent Fanatics Capital Management, and co-founder of IntelligentFanatics.com. Ian started investing as a teenager and learned from losing his money over and over again. Microcap companies are the smallest public companies that exist, representing 48% of all public companies in North America. Berkshire Hathaway, Wal-Mart, Amgen, Netflix, and many others started as small microcap companies. Ian’s belief is the key to outsized returns is finding great companies early because all great companies started as small companies.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.