MicroCaps with Durable Cash Flow Streams
Interview with Adam Wilk, Founder and CIO of Greystone Capital Management
Our guest on the show this week was Adam Wilk, the Founder and CIO of Greystone Capital Management. Adam is a savvy microcap investor who prefers to run a very concentrated portfolio. In this in-depth conversation, we covered:
· How Adam applies learnings from being an NBA scout to the investing realm;
· Why he has chosen to own so few companies;
· The types of microcap companies that Adam gravitates toward;
· His approach to assessing management teams; and
· What it was like starting a new firm in March of 2020.
For anyone (like me) who is a sucker for sports-investing analogies, this was a fun episode. Please enjoy it here:
There are thousands of microcap companies in North America and for someone who wants to invest in smaller companies, there is a lot of territory to cover. With that in mind, I asked Adam of Greystone Capital Management about the profile of a company that he willing to spend his valuable time on. In his response, he mentioned the qualities he looks for. Some people might be surprised that investors can find companies with durable cash flows in the microcap space.
The rest of this year is stacked with a very eclectic mix of interviews that we are excited to share. We hope you will stay tuned.
Thanks for following the pod,
Ben Claremon