Multi-Bagger First Principles | Finding Stocks That 10x or More! w/ Ian Cassel (TIP606)
Вставка
- Опубліковано 22 тра 2024
- Clay is joined by Ian Cassel to discuss multi-bagger first principles, what he’s learned from investor Tony Deden and biases he has had to overcome to continue improving as an investor.
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:
0:00:00 - Intro
0:00:50 - A 2023 overview of Ian’s fund.
0:04:10 - Ian’s investment journaling and reflection process.
0:09:07 - What Ian has learned from managing a fund for over 5 years.
0:17:00 - How we can discover who we are as an investor.
0:24:27 - What Ian learned from Anthony Deden.
0:28:36 - The multi-bagger first principles.
0:36:19 - A few case studies on multi-baggers.
0:53:11 - Why high insider ownership doesn’t correlate with stocks that outperform.
- How attribution bias influences investor behavior.
0:59:04 - Ian’s experience on the saying, “Risk is what you don’t see.”
1:02:08 - How Ian decides whether he should average down in a position or not.
🤝 Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Clay and the other community members: theinvestorspodcast.com/maste...
📈 Learn to invest like legend investors do - from the company that has interviewed them. Use UA-cam15 to get 15% off! theinvestorspodcast.podia.com...
💰Click here to download your FREE guide to Stop Worrying About Your Finances In 4 Simple Steps: www.theinvestorspodcast.com/s...
📊TRY OUR STOCK INVESTING TOOL: TIP FINANCE www.theinvestorspodcast.com/t...
▶️ RELATED EPISODES:
- How to Find 'Lightning in a Bottle' Businesses | Microcap Investing w/ Ian Cassel: • How to Find 'Lightning...
- Why Microcaps Are Outperforming w/ Ian Cassel: • Why Microcaps Are Outp...
- How Copart's Stock Compounded by 21% Since 1994 | Junk to Gold by Willis Johnson: • How Copart's Stock Com...
- A Decade Study of Global Top-Performing Companies | Global Outperformers w/ Dede Eyesan: • A Decade Study of Glob...
🎧 Listen to our episodes here: link.chtbl.com/TIP-WSB
🖊️ Access the transcript and learn more about the guest here: www.theinvestorspodcast.com/e...
📖 BOOKS MENTIONED:
- Intelligent Fanatics by Sean Iddings & Ian Cassel: amzn.to/4897Jlr
- 100 Baggers by Chris Mayer: amzn.to/3upQrTf
- Same as Ever by Morgan Housel: amzn.to/3S4ceYu
Disclosure: Some of the links above are affiliate links that we may earn commission from. This helps keep our show going! 😀
💡 OTHER RESOURCES
- Seeking Alpha is a crowd-sourced content service for financial markets. Take control of your financial future - Use our link here for a 14-day free trial: www.sahg6dtr.com/59QC8Z/R74QP/
⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤
ABOUT OUR SHOW 🎙
On We Study Billionaires, we interview and study famous financial billionaires including Warren Buffett, Bill Gates, and Ray Dalio. We teach you what we learn and how you can apply their investment strategies in the stock market.
🌍 Website: www.theinvestorspodcast.com/w...
📝 Help us understand our audience better so we can create a more intentional user experience by answering this survey! www.theinvestorspodcast.com/s...
⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤
📚OUR FREE INVESTING COURSES/RESOURCES www.theinvestorspodcast.com/t...
⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤
❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.
📌 Check out this video next: ua-cam.com/video/VfCJk7Wvldk/v-deo.html
⚠ IMPORTANT: Please beware of cyber scams and phishing attacks. We will never ask for your contact info in the comments section. Kindly report suspicious accounts you see below. Thank you!
The monopoly vs one of one question was perfect. I literally thought that while he was talking and you hit the nail on the head. We need more micro-mid cap discussions! Great interview as always!
Glad you enjoyed the episode! 🎉
Man if I could sell my business at the right price I would invest with Ian in a heartbeat.
What are his largest holdings?
For the insider ownship, is there differences in for different company sizes and how the ownership is acquired, like stock options vs bullying them vs founder?
Amazing episode, loved every minute!
Thank you so much! 🎉
1:02:30 averaging down rules of thumb
Great interview! Much prefer hearing from investors with more niche strategies. Would love to hear from some that specialise in particular sectors.
Glad you enjoyed the episode! 🎉
Fantastic interview, thanks guys !
Glad you enjoyed it! 🎉
Does anyone know the net worth or the average annual investment returns of Mr Cassel?
very good
Thank you! Cheers!
I think it is all about good leaders but it is almost imposible to guess 15 years in advance that a niche company that sells computers will move into iphone or Amazon would create AWS or Neflix can go from renting VHS to streaming…
China Yuchai for the win
I am sure this approach can work. But you need to put a lot of effort into it, and be really thorough during you research.
Usually these companies are unknown, you you don't encouter them in daily life. This makes things even harder.
Thanks for sharing your insights! 💡
First comment
Awesome! 😎
The last 3 years SPDR S&P 500 ETF +32% vs iShares Micro-Cap ETF -24%.That 10 years-study ending before the recent bear and sectional rebound is not relevant anymore.