Unlocking the Skills of Stock Picking w/ Ian Cassel (TIP648)

Kyle Grieve and Ian Cassel discussed the art of success in private investing, key investing skills, finding new ideas, stock buying framework, challenges in holding stocks, selling stocks, and developing perseverance like a legendary investor.

Ian Cassel is the founder and owner of MicroCapClub. Ian is an experienced microcap investor with a 20+ year track record of investing in intelligent fanatic-led businesses.

IN THIS EPISODE YOU’LL LEARN:
00:00:00 - Intro
00:00:39 - The stresses that must be overcome with being a private investor
00:08:44 - How to think about survival with your portfolio through brutal bear markets
00:11:46 - Why you shouldn't project performance through a bull market with performance going forward (good performance through a bull market is unlikely to remain the same over a full cycle)
00:24:36 - A sneak peek into Ian's framework for the skills of investing that are required for outperformance
00:30:30 - How to build the skill of identifying stock ideas and Ian's five favorite ways
00:39:06 - The power of thinking about the downside before thinking of the upside in investing
00:42:56 - Why you can pay double your initial price for a business with increasing earnings power and get a better deal at a higher price
00:46:12 - The potential weaknesses of coffee canning and why it does not work on every investment
00:51:35 - The four reasons for selling a stock
01:11:06 - How to deal with biases with being a long-only investor

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▶️ RELATED EPISODES:
Multi-Bagger First Principles | Finding Stocks That 10x or More! w/ Ian Cassel:    • Multi-Bagger First Principles | Findi...  
How to Find 'Lightning in a Bottle' Businesses | Microcap Investing w/ Ian Cassel:    • How to Find 'Lightning in a Bottle' B...  
Why Microcaps Are Outperforming w/ Ian Cassel:    • Why Microcaps Are Outperforming w/ Ia...  
100 Baggers: Stocks that Return 100-1 w/ Chris Mayer:    • 100 Baggers: Stocks that Return 100-1...  
Stocks with 100x RETURNS: Uncover the Strategy:    • Stocks with 100x RETURNS: Uncover the...  

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