In this conversation, David Barbato interviews his mentor, Christian Schmidt, who shares his journey into full-time investing in penny stocks and microcaps. Christian discusses the strategies he employs, the challenges he faced, and the importance of understanding market dynamics. He provides insights into evaluating investments, using tools for research, and the significance of management in investment decisions. The conversation also touches on historical lessons that can be applied to investing, emphasizing the complexity of situations and the need for thorough analysis.

Connect with me:

Linkedin - https://www.linkedin.com/in/david-barbato/

X - https://x.com/Valuehunte

Website - www.value-bridge.co

Spotify - https://open.spotify.com/show/7jWVlCZo9fRlIMf8W1zgD2?si=212493dfde8a4743

Sponsor:

MicroCap Club: https://microcapclub.com/

Legal Disclaimer: Not Financial Advice

The information provided in this interview is for informational and educational purposes only and should not be considered legal, financial, or investment advice. I am not a financial advisor, and nothing discussed should be interpreted as a recommendation to buy, sell, or hold any financial asset or security.

Additionally, I do not promote any stocks, investment opportunities, or financial products. I have not received any compensation, payment, or incentive, financial or otherwise, for participating in this interview.

Always conduct your own research and consult with a qualified professional before making any financial or investment decisions.

Connect with my Trailer Editor, Borys:

Instagram - http://instagram.com/BorysFilms

Chapters

00:00 Introduction

04:15 The Leap to Full-Time Investing

07:08 Realizing the Potential of Penny Stocks

10:02 Utilizing Alternative Data in Investing

13:01 Challenges of Full-Time Investing

15:47 Evaluating Micro Cap Investments

18:27 Case Study: RegisCorp Investment

21:17 Trimming and Averaging in Investment Strategy

37:17 Investment Strategies and Risk Management

39:49 Portfolio Management and Concentration Risks

42:00 Consistency in Investment Returns

43:52 The Importance of Management in Investing

49:19 Understanding Market Dynamics

55:21 Case Study: Eridex and Turnaround Investing

01:04:21 Investment Holding Periods and Expectations

01:10:51 Lessons from History in Investing