You’re Smarter Than You Think
Individual investors have an edge over financial professionals because you don’t have to prove how smart you are.
Individual investors have an edge over financial professionals because you don’t have to prove how smart you are.
“If you look really closely, most overnight successes took a long time.” - Steve Jobs
One of the biggest advantages that a retail investor has over funds is that they can be in cash.
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.