Stoic Point Capital Management discusses their approach and highlights EVLV and JBI

SumZero had the opportunity to sit down with Raj Shah and Cullen Rose, co-founders of Stoic Point Capital Management.
Stoic Point manages two concentrated strategies: Stoic Onshore/Offshore is a long/short fund focused on #small- and #midcap North American securities. Stoic Point Alpha Capital is a long-biased fund focused on unique asymmetric opportunities.
The founders invest in accordance with three core Investment Principles, focusing on change and disconnections between business quality and misunderstanding. The firm leverages proprietary idea generation tools, a defined processes, and risk management practices that carry over from the founders' prior experience working together.
This discussion breaks down how Raj and Cullen came together to form Stoic Point and how they've approached the market since - specifically, continuing to find opportunities in #SPAC's and DeSPAC's even after an 80% drawdown in the broader space.
They leave us with two examples, $EVLV and $JBI, both of which have performed well for them, despite being left for dead by many investors.
1:12 - Intro to Raj and Cullen
3:02 - The launch of Stoic Point
4:54 - Acceleration into #smallcap and #midcap stocks
5:49 - Stoic Point investment principles
6:25 - Getting involved in DeSPAC's and broken #ipo's
7:47 - Stoic Point strategies
9:13 - Where do DeSPAC's fit into the strategy and where do we see that market going
13:27 - Taking advantage of warrant arb
18:52 - Why we continue to look at the DeSPAC space and warrants
21:53 - How Stoic Point has navigated through recent shift in rates
24:52 - Broader DeSPAC market
26:18 - Re-underwriting and taking advantage of misunderstood opportunities
27:05 - $EVLV as a case study
37:44 - Focusing on high quality, growing businesses
38:52 - $JBI as a case study
41:41 - Where Stoic Point sees future opportunity
43:08 - Opportunities on the #short side, including #ai
44:38 - Where Stoic Point sees potential trouble with #saas businesses
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#valueinvesting #smallcap #midcapstocks