Lead-Lag Live

Unmasking the Allure of Small-Cap Investing with David Bastian


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Get ready to unmask the allure of small and microcap investing with our guest, David Bastian, the founder of Kingdom Capital. As we navigate this intriguing realm, you'll unravel how to think like a business owner, and discover why these diminutive stocks are such an enticing prospect for investors. We'll also discuss the impact of the tech sector on the Russell 2000 and the significance of forecasting market trends for unbeatable investment success. 

As we venture further, you'll understand the potential rewards and risks within troubled markets. David and I will share insights into the edge investors can achieve through fundamentally driven investments, notably within the retail and banking sectors. We'll talk about differentiating between companies that are structurally impaired and those merely facing short-term speed bumps. Together, we'll decode the tell-tale signs of the XRT retailer ETF and how to spot the enterprises that could stand the test of the current pandemic.

Finally, we'll engage in a discussion around the importance of communication and transparency in investing, as well as the role of position sizing. We'll unpack 'kill criteria' - a concept for selling positions and reflect on the frailty small-cap companies face during market disruptions. From the Russell rebalance to the art of diligent stock picking, we'll leave no stone unturned. We'll also recommend some valuable resources for investors, including Twitter, Kingdom Capital Advisors website, Microcap Club, and Seeking Alpha. Embark on this journey with us, and find your way in the small-cap space!

Nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. 

The content in this program is for informational purposes only. You should not construe any information or other material as investment, financial, tax, or other advice. The views expressed by the participants are solely their own. A participant may have taken or recommended any investment position discussed, but may close such position or alter its recommendation at any time without notice. Nothing contained in this program constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in any jurisdiction. Please consult your own investment or financial advisor for advice related to all investment decisions.

See disclosures for The Lead-Lag Report here: https://www.leadlagreport.com/s

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Lead-Lag LiveBy Michael A. Gayed, CFA

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