💰Click here to download your FREE guide to Stop Worrying About Your Finances In 4 Simple Steps: https://www.theinvestorspodcast.com/subscribe-youtube/ 🎧 Listen to our episodes here: https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP Clay 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.  ▶️ RELATED EPISODES: - Why Microcaps Are Outperforming w/ Ian Cassel: https://youtu.be/MnU4_lTiXr4 - Big World of Microcaps w/ Ian Cassel: https://youtu.be/ntn_lLJWxqQ IN THIS EPISODE, YOU’LL LEARN: 0:00:00 -Intro 0:01:04 - The role networks and mentors have played in Ian’s development as an investor. 0:10:05 - How Ian recommends going about finding and developing a relationship with a mentor. 0:12:30 - How the microcap landscape has changed over the past 20 years. 0:16:48 - What countries Ian is finding his best microcap ideas. 0:18:19 - The three characteristics of a business that lead to “Lightning in a Bottle.” 0:23:50 - How investors can source new investment ideas. 0:28:10 - The investment filter Ian has recently used to discover ideas before other microcap investors. 0:31:43 - Unconventional ways that Ian analyzes and better understands a business. 0:45:31 - On-the-ground due diligence methods that Ian uses. - Why you shouldn’t “coffee can” microcaps. 0:49:17 - How Ian performs maintenance due diligence after purchasing a stock. 0:51:25 - How Ian finds companies that are positioned to grow during any market environment. 0:55:28 - Why Ian prefers to be in the first wave of discovery in microcap land. 1:06:13 - What Ian’s daily journaling practice looks like. 🖊️ Access the transcript and learn more about the guest here: https://www.theinvestorspodcast.com/episodes/lightning-in-a-bottle-microcap-investing-w-ian-cassel/ 📖  BOOK MENTIONED: - Intelligent Fanatics by Ian Cassel: https://amzn.to/43aaTCU 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: https://www.sahg6dtr.com/59QC8Z/R74QP/ - TubeBuddy help optimize our YouTube videos - https://www.tubebuddy.com/pricing?a=TheInvestorsPodcast ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ 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: https://www.theinvestorspodcast.com/we-study-billionaires/  ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ 📚OUR FREE INVESTING COURSES/RESOURCES https://www.theinvestorspodcast.com/tip-academy/ 📊TRY OUR STOCK INVESTING TOOL: TIP FINANCE https://www.theinvestorspodcast.com/tip-finance/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ❗ 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.