We Study Billionaires - The Investor’s Podcast Network
Business:Investing
Clay Finck chats with fan favorite Ian Cassel about a wide array of topics, including the role of mentors in his development as an investor, the three characteristics of a business that lead to “Lightning in a Bottle”, and unconventional methods he uses to understand a business better than nearly all other investors.
Ian is a full-time microcap investor and CIO of Intelligent Fanatics Capital Management. He is the founder of MicroCapClub.com and co-founder of the IntelligentFanatics.com.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro.
06:40 - The role networks and mentors have played in Ian’s development as an investor.
10:47 - How Ian recommends going about finding and developing a relationship with a mentor.
13:50 - How the microcap landscape has changed over the past 20 years.
18:09 - What countries Ian is finding his best microcap ideas.
19:33 - The three characteristics of a business that lead to “Lightning in a Bottle.”
37:47 - Unconventional ways that Ian analyzes and better understand a business.
48:15 - On-the-ground due diligence methods that Ian uses.
56:51 - How Ian performs maintenance due diligence after purchasing a stock.
59:29 - Why you shouldn’t “coffee can” microcaps.
64:03 - How Ian finds companies that are positioned to grow during any market environment.
68:00 - Why Ian prefers to be in the first wave of discovery in microcap land.
72:40 - How investors can source new investment ideas.
77:00 - The investment filter Ian has recently used to discover ideas before other microcap investors.
81:16 - What Ian’s daily journaling practice looks like.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
NEW TO THE SHOW?
P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!
SPONSORS
HELP US OUT!
Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
BTC177: The Future of Bitcoin Borrowing and Lending w/ Max Kei (Bitcoin Podcast)
TIP621: Warren Buffett’s Wisdom: The Power Of Corporate Governance with Lawrence Cunningham
TIP620: The Intelligent Investor by Benjamin Graham
BTC176: Bitcoin and Traditional Finance in 2024 w/ Jim Crider (Bitcoin Podcast)
TIP619: The Cable Cowboy: John Malone w/ Kyle Grieve
TIP618: Stig's Portfolio Performance since 2014 w/ Stig Brodersen & Clay Finck
BTC175: MicroStrategy Deep Dive w/ Jeff Walton (Bitcoin Podcast)
TIP617: Improve Your Investing Operating System w/ Vitaliy Katsenelson
TIP616: The Godfather of Influence w/ Dr. Robert Cialdini
BTC174: Is Bitcoin Property, Currency, or Both? w/ Parker Lewis & Will Cole (Bitcoin Podcast)
RWH043: Survive & Thrive w/ Guy Spier: Part 2
RWH042: Survive & Thrive w/ Guy Spier: Part 1
TIP615: Current Market Conditions w/ Richard Duncan
BTC173: Bitcoin Energy Survey and the Speculative Attack w/ Pierre Rochard (Bitcoin Podcast)
TIP614: Investing Guardrails: Avoiding Common Mistakes w/ Kyle Grieve and Clay Finck
TIP613: Stock Market Basics & Financial Independence w/ Clay Finck & Kyle Grieve
BTC172: Macro Outlook Q1 2024 w/ Luke Gromen (Bitcoin Podcast)
TIP612: Investing In Fear: Profiting From Maximum Pessimism w/ Lauren Templeton
TIP611: The Bear Case for China w/ Kyle Bass
BTC171: Bitcoin Tech Update with Alex Leishman (Bitcoin Podcast)
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Money Girl
So Money with Farnoosh Torabi
The YNAB Podcast
Money Tree Investing
The Disciplined Investor