Ian Cassel

Ian Cassel, founder of MicroCap Club and Intelligent Fanatics Capital Management, dives deep into the fascinating realm of microcap investing. He discusses his strategy for identifying promising small companies and highlights the importance of exceptional management teams. Listeners gain insights into the concept of 'intelligent fanatics' and learn about key filters like profitability and management quality. Cassel also shares strategies for position sizing and the benefits of turnover in microcap portfolios, offering valuable tips for both new and seasoned investors.

Value: After Hours is a podcast about value investing, Fintwit, and all things finance and investment by investors Tobias Carlisle and Jake Taylor. See our latest episodes at https://acquirersmultiple.com/  We are live every Tuesday at 1.30pm E / 10.30am P. Ian Cassell is the Founder of the MicroCapClub https://microcapclub.com/ and CIO Intelligent Fanatics https://if.capital/ Twitter: https://twitter.com/IanCassel About Jake: Journalytic Jake is a partner at Farnam Street: http://farnam-street.com/vah Jake's podcast: https://twitter.com/5_GQs Jake's Twitter: https://twitter.com/farnamjake1 Jake's book: The Rebel Allocator https://amzn.to/2sgip3l About Bill: Bill runs Sullimar Capital Group, a family investment firm. Bill's website: https://sullimarcapital.group/ Bill's Twitter: @BillBrewsterSCG ABOUT THE PODCAST Hi, I'm Tobias Carlisle. I launched The Acquirers Podcast to discuss the process of finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations. We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success. SEE LATEST EPISODES https://acquirersmultiple.com/podcast/ SEE OUR FREE DEEP VALUE STOCK SCREENER https://acquirersmultiple.com/screener/ FOLLOW TOBIAS Website: https://acquirersmultiple.com/ Firm: https://acquirersfunds.com/ Twitter: https://twitter.com/Greenbackd LinkedIn: https://www.linkedin.com/in/tobycarlisle Facebook: https://www.facebook.com/tobiascarlisle Instagram: https://www.instagram.com/tobias_carlisle ABOUT TOBIAS CARLISLE Tobias Carlisle is the founder of The Acquirer’s Multiple®, and Acquirers Funds®. He is best known as the author of the #1 new release in Amazon’s Business and Finance The Acquirer’s Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014) (https://amzn.to/2VwvAGF), Quantitative Value: A Practitioner’s Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012) (https://amzn.to/2SDDxrN), and Concentrated Investing: Strategies of the World’s Greatest Concentrated Value Investors (2016) (https://amzn.to/2SEEjVn). He has extensive experience in investment management, business valuation, public company corporate governance, and corporate law. Prior to founding the forerunner to Acquirers Funds in 2010, Tobias was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer. As a lawyer specializing in mergers and acquisitions he has advised on transactions across a variety of industries in the United States, the United Kingdom, China, Australia, Singapore, Bermuda, Papua New Guinea, New Zealand, and Guam.

Ian Cassel, a micro-cap investing expert, shares his insights on navigating the complexities of small and micro-cap investing, especially in the Canadian market. He emphasizes the skills that distinguish good stock pickers from the greatest, comparing it to Brazilian jiu-jitsu. Cassel also discusses the importance of valuing management and cultivating a watch list to enhance investment strategies. With anecdotes about mole rats, he humorously highlights resilience in investing and promotes a buy-and-hold approach, gearing up for an exciting microcap event in Las Vegas.

Ian Cassel, Founder of MicroCap Club, talks about the microcap sector, advantages of micro-caps, and characteristics of multi-bagger stocks. He shares his investment journey, selling strategies, and current holdings. Ian also discusses analyzing the current micro-cap landscape and his most memorable investment.

On episode 99 of The Compound and Friends, Michael Batnick and Downtown Josh Brown are joined by Ian Cassel to discuss microcap stocks, the state of the economy, how to analyze a company's management team, how investing is like golf, Silicon Valley on drugs, and much more!This episode is presented by Jack Carr's new high-adrenaline thriller, Only the Dead. Pick up your copy at: https://www.simonandschuster.com/books/Only-the-Dead/Jack-Carr/Terminal-List/9781982181697?utm_source=the_compound&utm_medium=atria_display_ad&utm_content=&utm_campaign=only_the_dead_adCheck out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.comInvesting involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Josh Brown are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management.Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here:https://ritholtzwealth.com/podcast-youtube-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Ian Cassel is a professional microcap investor and chief investment officer of Intelligent Fanatics Capital Management. In this episode, we talk about microcap investing, judging management quality, process vs outcome, empathy, secrets of Ian's happiness, and much more. To know more about this initiative, check out https://www.vishalkhandelwal.com/ Books Recommended by Ian - Free Capital by Guy Thomas - https://amzn.to/3wS3w6m The Emotionally Intelligent Investor by Ravee Mehta - https://amzn.to/3t1b9Fk Golf is Not a Game of Perfect by Bob Rottela - https://amzn.to/3N0mBZC The Great Beanie Baby Bubble by Zac Bissonnette - https://amzn.to/3wRpp4l Lessons From Century Club Companies by Vicki Tenhaken - https://amzn.to/3lOSF6X What Girls Need: How to Raise Bold, Courageous and Resilient Girls by Marisa Porges - https://amzn.to/3LWDFyl Open: An Autobiography by Andre Agassi - https://amzn.to/3GpOsjx Piranesi by Susanna Clark - https://amzn.to/3wQFfNY Soul in the Game by Vitaliy Katsenelson - https://amzn.to/3wTG1Zt

My guest this week is Ian Cassel, a microcap investor who is always on the lookout for small companies which are run by men and women who are what he calls intelligent fanatics. Ian’s livelihood is based on the success or failure of a small group of companies that you have never heard of—he takes the idea of “skin in the game” to another level. We explore what Ian looks for in managers, why investors might want to invest in microcap companies, and the benefits of a frugal approach to life. Buying public companies that are as small as the ones which Ian considers is an entirely different style of investing than what most of us are used to in the public markets. Please enjoy!   For comprehensive show notes on this episode go to investorfieldguide.com/ian/ For more episodes go to InvestorFieldGuide.com/podcast.  Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub Follow Patrick on twitter at @patrick_oshag  

Ian Cassel is a full-time private investor with two decades of microcap investing experience and the founder of Microcap Club. He shares his transformative journey from tech investing during the dot-com boom to mastering microcap strategies. Cassel discusses the resilience needed to navigate downturns and the critical importance of due diligence. He highlights the remarkable evolution of Hanson’s Natural into Monster Beverage, emphasizing patience. Lastly, he guides aspiring investors on leveraging Microcap Club for education and focusing on profitable opportunities.

Ian Cassel, founder of MicroCapClub.com and Intelligent Fanatics Capital Management, discusses the world of microcap investing, why the greatest investors started in microcap, building MicroCap Club, and his process for investing in a company.

Ian Cassel, expert in the world of Microcap Stocks, discusses his journey from a limited college fund to becoming a full-time investor. He highlights the advantages of microcap investing and the need for independent research. The podcast explores the unique challenges and opportunities of investing in small, overlooked microcap companies. Cassel also shares insights on sourcing ideas and researching investments in microcap stocks, and the importance of understanding accounting and building relationships. Overall, the podcast offers helpful advice for those interested in microcap investing.