Planet MicroCap Podcast | MicroCap Investing Strategies

Ep. 235 - Breaking Down Serial Acquirers with Carter Johnson, Founder of MCJ Capital Partners

Jul 28, 2022

Carter Johnson, founder of MCJ Capital Partners, shares his journey from finance to launching an investment firm during the pandemic. He dives deep into the world of micro-cap investing, highlighting the advantages of targeting smaller companies with less institutional coverage. The conversation focuses on the dynamics of serial acquirers as a sustainable growth strategy, exploring risks, rewards, and unique acquisition methods. Carter also shares valuable insights into evaluating investment opportunities, making it a must-listen for aspiring investors.

Ask episode

AI Snips

Chapters

Books

Transcript

Episode notes

ANECDOTE

Startup Moving Company Experience

Carter Johnson started a moving company with a friend while in school, operating in the tri-state area Kentucky, Indiana, Ohio.
Running that blue collar business gave him hands-on experience with real business financials and operations.

INSIGHT

Small Caps Offer Unique Edge

Small and micro cap investing offers a superior opportunity set due to less competition from big investors.
Lack of institutional coverage creates inefficiencies where active investors can find undervalued opportunities.

INSIGHT

ETF Dynamics Sell Winners

Passive ETFs often sell winners as companies grow out of size categories.
ETFs can end up holding poor-performing smaller companies while shedding the best ones.

Get the Snipd Podcast app to discover more snips from this episode

Get the app

For this episode of the Planet MicroCap Podcast, I spoke with Carter Johnson, Founder of MCJ Capital Partners. We were introduced by Adam Mead, whom he dubbed his "MicroCap" guy - so shout out to Adam and thank you! I've done a few interviews over the years with MicroCap management teams claiming that their holding company is the next Berkshire or a mini-Berkshire, the goal being to build the next multi-billion dollar conglomerate. I say this slightly in jest because I'm not sure how many of those companies are still around, however, it inspired my conversation with Carter today because he focuses on finding quality conglomerates, but also serial acquirers as a whole.

For more information about Carter Johnson and MCJ Capital Partners, please visit: https://www.mcjcapitalpartners.com/

You can Follow Carter Johnson on Twitter @CarterJohnson23: https://twitter.com/CarterJohnson23

Today's episode is sponsored by:

Stream by AlphaSense, an expert interview transcript library that integrates AI-generated call summaries and NLP search technology so their clients can quickly pinpoint the most critical insights. Start your FREE trial on their website: https://streamrg.co/PMC

Quartr, their mission is to change the way people look at Investor Relations, and create a completely new bridge between companies and stakeholders. Visit your app store of choice to try it out, and that's Q-U-A-R-T-R. For more information, please visit: https://quartr.com/

Planet MicroCap Podcast is on YouTube! All archived episodes and each new episode will be posted on the SNN Network YouTube channel. I’ve provided the link in the description if you’d like to subscribe. You’ll also get the chance to watch all our Video Interviews with management teams, educational panels from the conference, as well as expert commentary from some familiar guests on the podcast.

Subscribe here: http://bit.ly/1Q5Yfym

Click here to rate and review the Planet MicroCap Podcast

The Planet MicroCap Podcast is brought to you by SNN Incorporated, publishers of www.SNN.Network, The Official MicroCap News Source, and the MicroCap Review Magazine, the leading magazine in the MicroCap market.

You can Follow the Planet MicroCap Podcast on Twitter @BobbyKKraft