I think there can be some VC/PE like qualities to small and micros, particularly in betting on individuals. The liquidity of public markets adds the chance to be less patient though, although also adds the ability for others to agree with you more quickly.
thanks for the post! great read!
Should small and micro cap investing be also under "Patient, Hard Predictions"?
I think there can be some VC/PE like qualities to small and micros, particularly in betting on individuals. The liquidity of public markets adds the chance to be less patient though, although also adds the ability for others to agree with you more quickly.
noted. thanks for the explanation.
many thanks for your posts!