Mariusz Skonieczny is the founder of MicroCap Explosions and the author of 11 books on investing.  He graduated from Indiana University in 2003, with a degree in finance.  He began his career in the residential and commercial real estate industry, as an appraiser and broker.  During the 2008/2009 financial crisis, Mariusz left real estate to focus on stock market investing exclusively.  He started trading in 2009 with $10,000.  By 2019, he had grown his account to one million dollars.  That one million became $7 million by the end of 2021. In this episode of How To Trade It, Mariusz talks about what it took to realize that kind of growth. You don’t want to miss it!

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You’ll want to hear this episode, if you are interested in…

• [04:05] Two types of competition
• [10:43] Finding companies 1 by 1
• [13:46] Secondary exchanges tend to attract…
• [15:10] The problem with NASDAQ
• [20:15] Going to the source
• [24:07] MCE

Choosing a good company
Choosing a good company isn’t as hard as you may think.  You do need to be willing to put in the work though. After narrowing down your choices, by eliminating all of the companies that are making empty promises or don’t have any real assets to offer, you begin to dig deep.  Call the CEO.  Talk to employees or clients.  Contact the Directors.  Learn the industry.  By doing this, you will have an informational edge that you can’t get with big companies trading on NASDAQ or the NYSE.  

MicroCap Explosions
This research-based newsletter is invaluable, but it’s also not regularly scheduled.  In order to 10x, 20x, 50x your investment, you can’t be jumping around from thing to thing.  Giving regularly scheduled updates is ridiculous in this business. He won’t write something, simply for the sake of writing something.  When Mariusz sees a good deal, he writes it up. In this current bear market, it’s easy to find great opportunities. However, when you find a good thing, you buy it and then you sit on it…sometimes for a long, long time. 

Resources & People Mentioned

• Warren Buffet
• Berkshire Hathaway

Connect with Mariusz Skonieczny

• Website:    https://microcapexplosions.com/
• YouTube:   https://www.youtube.com/user/SkoniecznyMariusz
• Twitter:      https://twitter.com/ClassicValueInv
• LinkedIn:    https://www.linkedin.com/in/mariuszskonieczny/

Grab your copy of the Complete Trading System This book teaches you how to build a trading system from the ground up and how to become profitable in the markets.

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