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 hear 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 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!

Ian Cassel
3112014 / Pixabay

Ian Cassel – Books Referenced

Intelligent Fanatics Project: How Great Leaders Build Sustainable Businesses

Zero to One: Notes on Startups, or How to Build the Future

How to Win Friends & Influence People

Think and Grow Rich

Tools of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers

Getting There: A Book of Mentors

100 Baggers: Stocks That Return 100-to-1 and How To Find Them

100 to 1 in the Stock Market: A Distinguished Security Analyst Tells How to Make More of Your Investment Opportunities

Links Referenced

Seven Intelligent Fanatics From India

MicroCapClub

Floats and Moats

Show Notes

2:28 – Intelligent Fanatics Project: How Great Leaders Build Sustainable Businesses

58:01 – Floats and Moats

 

59:22 – Zero to One: Notes on Startups, or How to Build the Future

59:45 – How to Win Friends & Influence People

59:54 – Think and Grow Rich

1:00:42 – Tools of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers

1:01:00 – Getting There: A Book of Mentors

1:03:24 – 100 Baggers: Stocks That Return 100-to-1 and How To Find Them

1:03:35 – 100 to 1 in the Stock Market: A Distinguished Security Analyst Tells How to Make More of Your Investment Opportunities

By The Investors’ Field Guide