Small Cap Portfolio: 1 Takeover Bid + 1 new buy - February 16, 2024

+29% performance in the first 10 days, what a beginning!

I started my small-cap portfolio 10 days ago and the first stock I bought has already received a takeover bid!

Performance has therefore exceeded 29% over the first 10 days. What a start!

My small cap investment method

I won’t buy small cap stocks the same way I buy big caps. They are more volatile, unpredictable and less followed by analysts and investors.

Therefore, I will follow these rules:

• My positions will be very small (1/10th of a normal position). This will allow me to

  • Limit the risk for each stock

  • Easily reinforce if the stock price falls - and my investment thesis is the same

  • To get my foot in the door and then reinforce or exit

• I won’t focus too much on the price even if, of course, I don’t want to unreasonably overpay

And now, it is time to discover the company and why I bought it.