Investing Without A Parachute
In bull markets and flat markets, there’s no need for a parachute—you’re still on the plane, climbing higher, cruising effortlessly. But sooner or later, Mr. Market kicks you out. And that’s when reality hits.
Microcap investing education from experienced MicroCapClub investors on mindset, research process and building wealth in small companies.
In bull markets and flat markets, there’s no need for a parachute—you’re still on the plane, climbing higher, cruising effortlessly. But sooner or later, Mr. Market kicks you out. And that’s when reality hits.
To find a 10-bagger first find a stock that can double in three years with conservative fundamental assumptions and no multiple expansion.
The best stock ideas are hated or unknown in the beginning and loved in the end.
There are a bunch of small stocks that will 10x over the next five years that are waiting to be found. Institutions can’t buy them. Only you can.
Stock picking is an individual sport so the winning streaks are intoxicating and the losing streaks excruciating. It's how we deal with both extremes that sets us up for long-term success.
It's when people are at their weakest and most desperate that grifters emerge in full force.