🧙♂️ Welcome to The Hermit 🧙♂️
🧙♂️ The Hermit 🧙♂️ provides easy access to extraordinary listed Nano- and Micro-Cap businesses, companies with a market capitalization between $1M and $500M.
Why Nano and Micro Caps?
Low Volume. These companies (shares) can only be bought in small quantities
Information Asymmetry. Even though analysts can cover these companies, they just won’t (unless - until - there’s some interest)
1-on-1 time. Managers will answer your calls if your questions are good, regardless of whether you work for Fidelity or in your grandma’s basement
What can you expect from The Hermit?
You will receive a stream of well-researched posts at least every other Tuesday detailing a new company thesis or portfolio update and occasional free posts.
📈 Investment Thesis - Discover timeless company write-ups providing an overview of each company’s business model, core competitive advantages, catalysts, risks, and approximate valuations
💼 The Hermit Portfolio - Receive monthly detailed updates packed with insights and commentary on market moves and exclusive microcap ideas
Additional content will fall under one of the following:
🎙️ C-Suite Interviews - Get access to exclusive interviews with the visionary leaders of under-the-radar companies
🧗 Our Investing Journey - Dive into essays, tools, and lively discussions on cognitive biases, investment strategies, and personal experiences. Uncover unconventional perspectives on investing, sprinkled with a touch of satire
More about me
Launching an EU regulated Hedge Fund (Fondo de Inversión Libre) in 2025
Keynes and I don’t get along, but my approach to most things in life can be described with one of his well-known quotes:
It is better to be roughly right than precisely wrong - John Maynard Keynes
This leads me to a seemingly paradoxical approach to valuing businesses. Despite my background in project finance (think intense Excel spreadsheet marathons) and M&A, I don’t rely on complex modeling to value a business at first. If it isn’t obvious with simple math, then why bother?
Apart from a few modeling, CFA, and CAIA certificates, I earned a bachelor's in economics from UNAV/IESE and two master's degrees, one in management and the other in finance, from IE Business School (Yes, I collected degrees like some people collect stamps).
I've had the privilege of attending the BRK AGM in 2023, 2024 and 2025, as well as the RV Capital AGM in 2024 and 2025. Trust me, they’re not just a bunch of acronyms; they're where the financial magic happens. I highly recommend that every financial enthusiast attend at least one of these events in their lifetime.
The investors who stand out to me the most are Cliff Sosin, Henry Kravis, and the late Charlie Munger. They are precise, brutally honest, reflexive, and, as a consequence of these traits, confident.
