Episode 325
Real Estate to MicroCap Investing to Real Estate Again with Mariusz Skonieczny
Mariusz Skonieczny is a professional investor and the founder of Classic Value Investors, MicroCap Explosions and creator of Value Investing University.
Mariusz graduated from Indiana University in 2003 with a finance degree. From 2003 to 2008, he was in the residential and commercial real estate industry as an appraiser and broker. During the 2008/2009 financial crisis, he made the courageous decision to leave the industry and start Classic Value Investors.
He has been investing in the stock market since 2008, starting with only $10,000, 10 years later he reached $1.1 million. By March of 2021, his accounts reached over $4 million!
He is also the author of 11 books on investing.
We chat about:
- The investment industry is set up for mediocre returns
- Competition is not good for investment returns
- When researching public companies, especially the small ones, don't trust what is said about them publicly
- The investment industry hates small and microcap companies
- Warren Buffet investment strategy
- Hard work has to be done but it doesn't have to be done by you
- Trading is not Investing
Connect with Mariusz Skonieczny!
- Website: https://microcapexplosions.com/
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"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack
- Website
- Join the REI Mastermind Network on Locals!
- Apple Podcasts
- Google Podcasts
- YouTube
- Spotify
- Stitcher
- Deezer
- Self Managing Your Rental Properties? Get 6 months of RentRedi for $1! Click this link!
- If you are new to Wealthfront, and open a Cash Account, you'll get a 0.50% APY boost for 3 months.
- Open an Automated Index Investing Account or Automated Bond Portfolio, you'll earn $5,000 managed for free.
- Get $10 and Reduce Your Business Costs by Shopping at AppSumo • https://bit.ly/reiappsumo
- Get $10 Towards Your First Purchase at Drop • https://drop.com/?referer=3DC729