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The company

Identifying great businesses early in their competitive life cycle—that’s what my company is all about.

There are countless exceptional publicly listed small-cap companies you probably never heard of. Even more so, given the rapid pace of technological advancement, particularly driven by AI, we can anticipate a surge in promising small- and microcap stocks emerging from out of nowhere.

To accurately and timely identify the most promising ones globally, I constantly monitor the vast landscape of tens of thousands of small caps worldwide. I started by looking globally for small-cap stocks with certain growth characteristics. Here is the initial watchlist. The software, AI tools, procedures, and even more importantly, the hard-to-gain expertise to monitor them effectively is my unique edge.

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Thoughts on (value) investing

Value investing, the strategy of investing in securities trading at an appreciable discount from their underlying value, has a long history of delivering excellent investment results with very limited downside risk.

Obviously, there is no such thing as investing without risk. We all know that. Every now and then, sudden, sharp downward swings in markets and the economy will happen. Whatever adverse scenario you can contemplate, reality can be far worse.

Business cycles and human interaction, the cycles of greed and fear, will continue to interact to create excessive swings in the markets. To handle hefty stock market volatility with care and wisdom is by no means easy.

There are exceptional investment professionals that consistently outperform the S&P 500. By doing fundamental bottom-up research, one stock at a time, based upon stock price compared to business value, they are able to identify companies that will outperform the markets.

Before I come to the final note, I would like to remind you that over the last ninety years, the S&P 500 has delivered a total return of more than 9% annualized. Most of us would be better off investing in the Vanguard S&P 500 index fund on a regular basis. And just leave it there for the rest of your life.

Professional investors have a long history of failing to beat the market after accounting for their fees. If you want to do better than the index, then you have to engage in active management with its costs, its uncertainty, and the risk that if you try to do better than the index, you might do worse than the index. The inconvenient truth is that even a high-caliber track record isn’t a guarantee of favorable future results.

The final note. As you know, the law requires all financial institutions to obtain, verify, and record information that identifies each person or entity that opens an account. The first step is the legally required customer due diligence documentation. I do not offer investment services as of yet, but if you want to contact me anyhow, the best way to get in touch with me directly is to send me an email with a suggested day and time, and I’ll set up a Zoom call. Email: peter@thevaluefirm.com.

The information and presentations on this website are for educational and informational purposes only and do not constitute, and should not be construed as, an offer to sell, or a solicitation of an offer to buy, any securities or related financial instruments. This communication is only intended for and will only be distributed to persons resident in jurisdictions where such distribution or availability would not be contrary to local laws or regulations. Responses to any inquiry that may involve the rendering of personalized investment advice or effecting or attempting to effect transactions in securities will not be made absent compliance with applicable laws or regulations (including broker dealer, investment adviser or applicable agent or representative registration requirements), or applicable exemptions or exclusions therefrom. The Value Firm® makes no representation, and it should not be assumed, that past investment performance is an indication of future results. Moreover, wherever there is the potential for profit, there is also the possibility of loss. Everybody makes mistakes now and then. If you find any, let me know: peter@thevaluefirm.com. Always do your own research!