AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Role of Mentors in Your Development
One of your mentors grew his portfolio from $100,000 to tens of millions of dollars by focusing on micro caps. Could you talk more about the role of mentors and how that's kind of played into your development as well? Yeah, I mean, I had two kind of primary mentors and the first one and the one that you mentioned was the second one in chronological order.
Clay Finck chats with fan favorite Ian Cassel about a wide array of topics, including the role of mentors in his development as an investor, the three characteristics of a business that lead to “Lightning in a Bottle”, and unconventional methods he uses to understand a business better than nearly all other investors.
Ian is a full-time microcap investor and CIO of Intelligent Fanatics Capital Management. He is the founder of MicroCapClub.com and co-founder of the IntelligentFanatics.com.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro.
06:40 - The role networks and mentors have played in Ian’s development as an investor.
10:47 - How Ian recommends going about finding and developing a relationship with a mentor.
13:50 - How the microcap landscape has changed over the past 20 years.
18:09 - What countries Ian is finding his best microcap ideas.
19:33 - The three characteristics of a business that lead to “Lightning in a Bottle.”
37:47 - Unconventional ways that Ian analyzes and better understand a business.
48:15 - On-the-ground due diligence methods that Ian uses.
56:51 - How Ian performs maintenance due diligence after purchasing a stock.
59:29 - Why you shouldn’t “coffee can” microcaps.
64:03 - How Ian finds companies that are positioned to grow during any market environment.
68:00 - Why Ian prefers to be in the first wave of discovery in microcap land.
72:40 - How investors can source new investment ideas.
77:00 - The investment filter Ian has recently used to discover ideas before other microcap investors.
81:16 - What Ian’s daily journaling practice looks like.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
SPONSORS
Support our free podcast by supporting our sponsors:
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Listen to all your favourite podcasts with AI-powered features
Listen to the best highlights from the podcasts you love and dive into the full episode
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
Listen to all your favourite podcasts with AI-powered features
Listen to the best highlights from the podcasts you love and dive into the full episode