We devote an extensive amount of research into projects.
Regarding relationship building, the small-cap sector is a landmine. Everywhere you look, CEOs are pitching ideas to you concerning the next big thing, but 95% of companies fail miserably, so the art of speculating to make obscene returns is all about qualifying managerial brilliance.
You must find the 5%, which are consistent winners, and forget altogether about the rest until they have proven themselves, time and time again.
The game is risky enough as it is.
Today, I’m pulling money out of the market by selling one of our biggest winners, Evrim Resources:
I’ve been following the company for years. Finally, late in 2017, we began positioning and sent our alert on it.
In mid-April, as you know, they released incredible drilling results, and shares shot up like a shark out of the water.
I’m extremely satisfied with this trade, so I’m out.
Secondly, I’m selling 50% of my position in Align Technology.
2017 has been incredible for the company, and sales are up substantially. We’re late into this cycle, and I want to protect our gains.
As you can see, the market loved the growth story of ALGN, so it outperformed the S&P 500 and the NASDAQ by a wide margin – it’s time to bring the cash home to mama for a 148% gain.
I can’t put enough stress on the importance of reading investment books, such as “The Most Important Thing,” by Howard Marks or on studying the track records of successful entrepreneurs.
The best way to become a winner is to emulate existing ones.
A big announcement is coming this Sunday.