Oct 26, 2021
Summary:
When it comes to investing, it’s a veritable minefield out there. I
sit down and chat with Mariuscz Skonieczny, the creator of MicroCap
Explosions, to get access to some of the advice he gives to current
investors. Especially when competition is so fierce, it can be
profitable to consider lesser exchanges with lower competition—this
is where value abounds. Tune in to hear about Skonieczny’s strategy
for finding companies to invest in so that you can take advantage
of good opportunities.
Highlights:
-When it comes to investing, it is a veritable minefield
-Some people think resource investing is dangerous, but it can also
be very profitable
-When you go to lesser exchanges, it seems that value abounds
there
-The central concept is competition—this dictates most things in
life
-With big exchanges, everyone is paying attention to them and there
is a lot of competition
-It can be beneficial to go places with little competition, like
with secondary exchanges
-Oracle Resource has a copper project in Mexico, and Skonieczny
discovered this a few years back
-He started investigating this company and learned that they were
involved in a legal battle over a title dispute
-How do we recognize these deals? There is no particular formula,
but it’s important to have an open mind; look at all the moving
parts and analyze what is happening
-Have someone within the company explain to you why you may be
interested and what is going on with the company
-Success in investing is finding good opportunities and letting
them play out
-Investing involves a lot of sitting and waiting—you have to be
willing to be patient
-Go through every company on a particular exchange individually
Useful Links:
Financial Survival Network
MicroCap Explosions