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The Limits of Investing in Micro Caps
A lot of the good investors in the micro cap space do have that entrepreneurial or small business experience running a business. The investors that invest in these small ones is mostly kind of retail or very small institutions. And then why not do this with outside money? If there are, is it a question of opportunity set? What outside, is there just such a limited capacity in buying companies that are this small and not wanting to be too much of the float?"