Planet MicroCap Podcast | MicroCap Investing Strategies

Chris Mayer, investor, author of The Investor’s Odyssey and 100 Baggers, explores why holding a potential hundred-bagger can be harder than finding one. He unpacks the Odyssey metaphor, market “sirens” like social media and FOMO, commitment devices, business quality, drawdowns, and when selling is rational. The conversation also examines AI’s impact on moats and what financial freedom really means.

Todd Wenning, President and CIO of KNA Capital Management, publisher of Flyover Stocks, and a University of Dayton ESG educator, explores how AI is reshaping economic moats. They discuss shrinking moat duration, vulnerable network effects and switching costs, agentic commerce, corporate culture, higher real yields, emerging microcap advantages, UK valuations, and protecting proprietary knowledge in an AI-driven world.

Mathieu Martin, manager of Rivemont MicroCap Fund, Ryan Irvine, president of Keystone Financial, and Teagon Murray, a corporate banking veteran and value investor, examine Canada’s microcap landscape. They explore cannabis valuations, muted IPOs, rising takeouts, tariff resilience, and finding overlooked companies with improving fundamentals. Martin revisits Thinkific’s surprise rerating and Aurora’s takeover battle, while all three preview their strategies for Planet MicroCap Toronto.

Jeremy Kokemor, founder and portfolio manager of Right Tail Capital, brings two decades of institutional investing experience to a focused discussion on owning roughly 15 quality businesses. They explore returns on capital, evaluating troubled companies, AI-powered research, AI disruption risks, and the discipline of knowing when an investment thesis has truly broken. Poker-inspired lessons on patience and folding add a memorable twist.

Sean Westropp, a former chemical engineer and BP professional, founded Deep Sail Capital to invest in emerging and established growth companies. He explores his four-pillar framework of business quality, management, growth, and valuation. The conversation also covers microcap short-selling red flags, genuine pivots versus trend chasing, defense opportunities, medtech reimbursement risks, headline risk, and lessons from the 2022 drawdown.

Jeremie Boyer, co-founder and lead research analyst at independent firm Aurelion Research, discusses building an investment platform in his early twenties. He explores spotting overlooked opportunities through elections, macro trends and shipping cycles, lessons from GameStop and early contrarian calls, concentrated yet diversified portfolios, healthcare and uranium ideas, and why simple, time-bound price targets can outperform elaborate models.

Maj Soueidan, founder of GeoInvesting; Tim Heitman, value investor and Investing 501 publisher; and Mathieu Martin, Rivemont MicroCap Fund manager, dissect the microcap rally. They explore regional banks, biotech, cannabis, AI-driven trend discovery, catalyst investing, and earnings surprises. The roundtable spotlights CIFCO, Ascent Industries, D-Box Technologies, Canadian energy, infrastructure, data centers, and pharma reshoring.

Lucas Sacerdote, Founder and CIO of Valora Investment Group, is a value investor focused on tangible assets like energy, infrastructure, and land. He explains why the physical frontier is bottlenecking tech and how he builds concentrated positions. Topics include Canadian Solar, battery and energy manufacturing, Argentina opportunities, due diligence signals, and avoiding value traps.

Tim Heitman, full-time private microcap investor, longtime Dallas Stars photographer, and author of Investing501, shares vivid tales from sports photography to due diligence. He explains his Lynch-influenced, business-first framework. He details management interviews, the 'jerk' question, using AI to prep and grade calls, and why overbuilding models trips up new investors.

Gabriel Etessami, co-founder and long-term equity investor focused on first-principles analysis and early tech like AI. Shawn Behnam, co-founder and former consumer-brand operator with decades building businesses and running operations. They unpack an S-curve framework for spotting early adoption, sizing concentrated positions when timing is unclear, and why energy infrastructure and microcap niches matter now.