Michael Melby is the founder and portfolio manager at Gate City Capital Management. Gate City has produced a 22.4% net annualized return since inception (September 2011), compared to 14.8% for the S&P 500. During this discussion we talk about Michael’s beginnings growing up in a small Montana town, education and early experience, launching his fund, his strategy and process, and the decision to close the fund to new investors. Join MicroCapClub and unlock the ability to listen and participate live in these discussions.

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About Michael Melby: 

MicroCapClub member since 2015

Firm: https://www.gatecitycap.com

Chapters: 00:00 Disclaimer 02:00 Intro 03:55 Michael's Background 14:08 Professional Journey 18:45 Gate City Capital's Investment Philosophy 22:45 Investment Process & Examples of Investments 37:00 Team and Operational Growth 46:21 Long-Term Strategy and Firm Discipline 1:07:20 Fund Management Philosophy 1:14:38 Tools and Community and Collaboration 1:15:45 Key Metrics and Performance 1:20:20 Advice for Aspiring Fund Managers & Expanding the Fund

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