Capital Compounders Show
Investing Venture Capital Style: A Conversation with Harold Leishman (LLC Private Wealth)
Mar 2, 2025
Harold Leishman, an investment advisor with over 30 years at LLC Private Wealth, shares his family's rich venture capital legacy. He delves into the small-cap market, revealing its unique risks and opportunities, stressing the importance of strong revenue growth and management track records. Leishman emphasizes diversification and having a clear exit strategy while exploring market dynamics that can sway stock performance. His insights reveal the thrill of seeking out winning stocks, making investing a captivating adventure.
52:08
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Quick takeaways
- Harold Leishman emphasizes the importance of investing in companies with strong revenue growth to mitigate risks in the volatile small-cap market.
- Understanding market dynamics and having a clear exit strategy are crucial for successful investing, particularly in the small-cap sector.
Deep dives
Legacy of Venture Capitalism
Harold Leishman's family has a rich history in venture capitalism, starting with his grandfather, who pioneered oil and gas investment in Saskatchewan during the 1950s. Initially a surgeon, his grandfather, along with other doctors, created a junior capital pool to explore oil and gas opportunities, leading to significant discoveries, including the Stelman field. This early venture not only established their family's legacy in the industry but also culminated in a merger that formed Tech Resources, now one of Canada's largest diversified mining companies. Harold emphasizes the mixture of luck and strategy involved in those early investments, highlighting how his family's journey shaped his investment philosophy.
