Ep. 41 - The Art of Value Investing with Sanjay Bakshi, Professor and Value Investor

March 29, 2017

For this episode of Planet MicroCap Podcast, I had the honor of speaking with Professor and Value Investor, Sanjay Bakshi. I was first introduced to Sanjay at the MicroCapClub Leadership Summit 2016 in Chicago – thank you, Ian and Mike for the introduction. He was a speaker at their event, and after his speech I did some more research on him. I was blown away – he above all else, has this insatiable desire for knowledge, which hits home for me. This interview took about six months to book and I’m so grateful for this opportunity. 

Sanjay Bakshi, as it states on SanjayBakshi.net, is an Adjunct Professor at Management Development Institute, Gurgaon, in India, where he teaches a popular course Behavioral Finance and Business Valuation. He also is a Managing Partner at ValueQuest Capital LLP. On his websites, you can find his teachings and thoughts on investing, which are quite insightful.

We covered a lot in this interview, which went into two recording sessions. In between the sessions, I did catch a cold, so I do apologize if I sound different. All I can say is thank you again Sanjay for taking the time to do the interview with me and I am incredibly grateful for the wisdom you imparted.

Click here to rate and review the Planet MicroCap Podcast

The Planet MicroCap Podcast is brought to you by SNN Incorporated, publishers of StockNewsNow.com, The Official MicroCap News Source, and the MicroCap Review Magazine, the leading magazine in the MicroCap market - check out the latest issue here: MicroCap Review Winter/Spring 2017

For more information about Sanjay Bakshi, please visit:

Twitter: @Sanjay__Bakshi

You can follow the Planet MicroCap Podcast on Twitter @BobbyKKraft, and you can also listen to this interview on StockNewsNow.com

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Ep. 40 - Rise of Shareholder Activism with Jeff Gramm, Author of “Dear Chairman”

March 15, 2017

For this episode of Planet MicroCap Podcast, I spoke with Jeff Gramm, Author of the book, “Dear Chairman.” In Episode 22 with Adam Epstein, we discussed at length the importance of corporate governance, not just for MicroCap boardrooms, but for all public companies. Since that conversation, I wanted to learn more about corporate governance and what should be done in the event that C-suite management and board of directors aren’t acting in the best interest of shareholders. I discovered the best way for me to understand this topic was anecdotally. I came across “Dear Chairman” by Jeff Gramm on a reading list, and I’m glad I did because it really helped me understand the rise of shareholder activism and the effect it’s had on corporate governance. In this interview, you will learn about his background, his approach to investing and we discuss his book, “Dear Chairman.” Reading lists are great resources as I have found, and I highly recommend adding Jeff’s book to your list.

Click here to rate and review the Planet MicroCap Podcast

The Planet MicroCap Podcast is brought to you by SNN Incorporated, publishers of StockNewsNow.com, The Official MicroCap News Source, and the MicroCap Review Magazine, the leading magazine in the MicroCap market - check out the latest issue here: MicroCap Review Winter/Spring 2017

In this episode, Jeff and I discuss the following topics:

- Jeff's background and how he got started investing in MicroCaps

- His experience teaching a value investing course at Columbia Business School. 

- Qualitative vs. qualitative approaches to investing

- His investing strategy when looking at MicroCap stocks

- What is "Dear Chairman" about and why he felt it was important to describe this aspect of financial history

- What is shareholder activism?

- Is there a difference in shareholder activism between Large Caps and MicroCaps?

- One prevailing theme that each activist observed is that the management ownership of the company was not in line with the interests of the shareholders – specifically, CEOs owning a very small percentage of the business. Why he thinks this persists, and even if a company is being run well, doesn’t that leave an operator vulnerable?

- “If shareholders continue to be passive, they will continue to shorn like sheep” – especially with MicroCaps, while CEOs are much more accessible, where he draws the line between passive and active? If everyone was active, how can the CEO run his/her business?

- What is the “Poison Pill”?

- In chapter 5, you also highlight how institutions started taking a more active approach with their holdings. How has the awakening of institutional investors impacted public company governance and is there a fundamental difference than from individual shareholders?

- Based on the many examples you gave in the book, for MicroCaps, what he thinks is the best formula for a corporate board

- Each chapter of the book highlights a new “era” of shareholder activism – what era would he says he learned the most from and had the greatest affect on his approach investing

- How he sees shareholder activism evolving

- Advice for new MicroCap investors

For more information about Jeff Gramm and "Dear Chairman", please visit:

www.DearChairman.com

You can follow Jeff on Twitter @jeff_gramm

You can follow the Planet MicroCap Podcast on Twitter @BobbyKKraft, and you can also listen to this interview on StockNewsNow.com

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Ep. 39 - Strategies for Investing in Canadian MicroCap Stocks with Paul Andreola and Brandon Mackie, Small Cap Discoveries

March 1, 2017

For this episode of Planet MicroCap Podcast, I spoke with Paul Andreola and Brandon Mackie, Editor and Writer/Researcher at Small Cap Discoveries. I’m very excited that Paul and Brandon will be speaking at our annual event, the Planet MicroCap Showcase – April 26-28, 2017 at the Planet Hollywood Resort & Casino in Las Vegas, NV. They have a very unique MicroCap investing perspective, which we discuss at length in this interview, especially with regard to their core investing strategy and process when looking at Canadian MicroCap stocks.

I also spoke with them about the panels they will be speaking on at the Planet MicroCap Showcase, discuss at length the history, investing landscape and infrastructure in Canada, as well as, accessibility for US investors to invest in Canadian listings and their assessment of the Canadian investing climate currently. The goal for this episode is learn more about Brandon and Paul’s strategies when looking at Canadian MicroCap stocks, how they find new ideas and their thoughts on the current Canadian investing market.

Click here to rate and review the Planet MicroCap Podcast

The Planet MicroCap Podcast is brought to you by SNN Incorporated, publishers of StockNewsNow.com, The Official MicroCap News Source, and the MicroCap Review Magazine, the leading magazine in the MicroCap market - check out the latest issue here: MicroCap Review Winter/Spring 2017

In this episode, Paul, Brandon and I discuss the following topics:

- Brandon and Paul's backgrounds and how they got started investing in MicroCap stocks

- When and why they both started looking at Canadian MicroCap stocks 

- What is Small Cap Discoveries and is there a sector or sectors in particular they focus on

- Core investing strategy when assessing a potential new investment

- How do they find new ideas

- At Small Cap Discoveries, they cover Canadian microcaps primarily, and its been gaining more visibility. Why do they think this is?

- Is it difficult for US investors to invest in Canadian MicroCap stocks?

- Where they both see the Canadian MicroCap market going

- With more attention given to the sector, are they worried that all the new quality stories have been exhausted

- Brandon and Paul will be speaking at the Planet MicroCap Showcase in Las Vegas, April 26-28, 2017. Brandon will be on the first ever LIVE Planet MicroCap Podcast, and Paul will be joining Maj Soueidan and Brent Cook on the MicroCap newsletter panel. Why do they think MicroCap newsletters are important to the MicroCap community

For more information about Paul Andreola, Brandon Mackie and to subscribe to their newsletter, please visit:

www.SmallCapDiscoveries.com

You can follow Paul on Twitter @PaulAndreola

You can follow Brandon and Small Cap Discoveries @SmallCapDisc

You can follow the Planet MicroCap Podcast on Twitter @BobbyKKraft, and you can also listen to this interview on StockNewsNow.com

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