Capital Allocators – Inside the Institutional Investment Industry Brian Bares – Qualitative Concentration at BCM (Capital Allocators, EP.191)
Apr 26, 2021
Brian Bares, founder of Bares Capital Management, shares his journey from early investing lessons inspired by Warren Buffett to bootstrapping a $5 billion asset management firm. He discusses the art of qualitative research in identifying high-growth companies and the shift from a micro-cap strategy to a diversified approach. Key topics include investment decision-making, the critical role of management in M&A, the integration of ESG factors, and personal insights on lifestyle and mindfulness that influence his investment philosophy.
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Early Investing
- Brian Bares developed an early interest in investing, inspired by Warren Buffett and his entrepreneurial father.
- He opened a self-directed brokerage account as a teenager, learning valuable lessons from early investment mistakes.
Pre-Launch Prep
- Gain experience in the investment industry before launching your own firm.
- Maintain financial frugality to allow for flexibility and risk-taking.
Early Stage Growth
- Start networking and building relationships with potential investors immediately.
- Focus on demonstrating a strong process and team, rather than waiting for a long track record.
