SUMMITFund managers publish their quarterly letters around this time of year. Here is a good list by the way [HERE]. We investors like to act like we are reading them but …
Using Emotions to Your Advantage
As human beings we all experience emotions. However, acting in the way that those emotions dictate can be one of the worst things an investor can do as it usually …
What Sports Teaches Us About Investing
We’ve all seen or heard the Ted Williams hitting grid analogy used to describe successful investing. Warren Buffett and others use it often. Be patient. Know the strike zone. There are no-called …
Leveraging Luck
Morgan Housel wrote an excellent article entitled Ironies of Luck which contains a great quote that states: “Luck is the flip side of risk.” This is something I’ve come to appreciate …
Rocket Ships
Investors are always looking for the perfect opportunity. A good business you can buy at less than tangible book value. Why not throw in a couple long-term tailwinds and short-term catalysts. …
[Presentation] What Does An Intelligent Fanatic Look Like?
Microcaps are small emerging companies. The smaller the company, the more you are betting on the founder, CEO, and management’s ability to execute on their vision for the future. If …
Paul Lountzis on Qualitative Investing and Lessons Learned
Paul Lountzis spoke on the topic of qualitative investing and lessons learned at our MicroCap Leadership Summit 2018. In the presentation below, he provides some incredible insights into his qualitative framework …
All it Takes is One
It is incredibly humbling, inspiring, and a bit scary when you realize that one great investment can make your year, decade, and even career. In 1980, Stewart Horejsi was having …
Presentation – Investing is Hard
I gave this presentation at the Smallcap Discoveries Conference on October 18th, 2018. The audience seemed to really enjoy it. I hope you enjoy it as well. Investing is Hard. …