We Study Billionaires - The Investor’s Podcast Network

TIP563: Lightning in a Bottle & Microcap Investing w/ Ian Cassel

Jul 7, 2023

01:05:33

Episode guests

Ian Cassel

Highlights

AI Chapters

Episode notes

The Pros and Cons of Screening for Companies

01:57

The Attractive Scarcity of Companies with Low Outstanding Share Accounts

01:20

The Importance of Interacting in Due Diligence and Investment Analysis

03:14

Finding the Right Mentor and Developing Relationships

01:01

Introduction

2min

The Importance of Networking in Investing

4min

The Role of Mentors in Your Development

4min

How to Find and Connect With a Mentor

2min

The Rise of Micro Caps in the US

4min

The Three Characteristics of Lightning in a Bottle

3min

Lightning in a Bottle Stocks

5min

NetSuite: The Number One Cloud Financial System for Business Owners

4min

How to Research Microcaps

3min

10.

The Pros and Cons of Screening for Companies

3min

11.

How to Analyze a Company's Financials

5min

12.

The Importance of Interacting With Management

3min

13.

How to Get Employees and Business Partners to Talk to You

2min

14.

Tips for Investing in the Stock Market

3min

15.

The Importance of Maintenance Due Diligence

5min

16.

The Importance of Maintaining Due Diligence in Investing

2min

17.

How to Assess if a Company Can Grow Through a Recession

4min

18.

The Importance of Being First to an Idea

3min

19.

How to Select the Best Opportunities for Your Investment Portfolio

4min

20.

How to Sell a Company

2min

21.

How to Journal and Reflect on Your Investment Process

3min

22.

Micra Cap Investing: How to Achieve Financial Independence

2min

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

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
Ian’s Beginner’s Guide to Researching Microcaps.
Ian’s community, MicrocapClub.
Ian’s book, Intelligent Fanatics.
Check out of our review of Mastering the Market Cycle, or watch the video here.
Follow Ian on Twitter.
Follow Clay on Twitter.

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We Study Billionaires - The Investor’s Podcast Network

TIP563: Lightning in a Bottle & Microcap Investing w/ Ian Cassel

Episode guests

The Pros and Cons of Screening for Companies

The Attractive Scarcity of Companies with Low Outstanding Share Accounts

The Importance of Interacting in Due Diligence and Investment Analysis

Finding the Right Mentor and Developing Relationships

Get the Snipdpodcast app

AI-poweredpodcast player

Discoverhighlights

Save anymoment

Share& Export

AI-poweredpodcast player

Discoverhighlights

Get the Snipd
podcast app

AI-powered
podcast player

Discover
highlights

Save any
moment

Share
& Export

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highlights