Ian Cassel is the founder and owner of MicroCapClub. Ian is an experienced microcap investor with a 20+ year track record of investing in intelligent fanatic-led businesses.
Andrew Lanyi didn’t have a job, money, or speak any English when he landed in New York City, but thirty years later Lanyi would be considered one of the best stockbrokers of his generation.
Fred C. Kelly (1882-1959) was an “amateur psychologist”, writer, traveler, columnist, and even a special agent for the FBI.
Individual investors have an edge over financial professionals because you don’t have to prove how smart you are.
Many in finance like to sound smart by making things complex. These people usually work for other people. Successful people simplify things.
Microcap companies are illiquid and volatile. Stock price moves of +/- 10% on a weekly or even daily basis are the norm. Most investors are OK with volatility as long as it’s only to the upside, but become unnerved when it occurs to the downside.
The majority of microcap success stories were first able to dominate a small niche market that was expanding. Once they dominated one small market, they used what they learned to enter additional or complimentary markets.