This interview podcast features a conversation between a host and Jordan Zinberg, CIO and president of Bedford Park Capital, a small-cap equity investment firm. The discussion begins with Zinberg's career path, highlighting his transition from retail brokerage to small-cap investing, and then focuses on his investment strategy, emphasizing the use of ROE, DuPont analysis, and PEG ratios to identify high-growth, undervalued Canadian companies. Zinberg also shares insights into his stock selection process, exit strategies, and the challenges of navigating the illiquid small-cap market. A key takeaway is Zinberg's focus on Return on Equity (ROE) as a primary metric for evaluating growth potential and his preference for Canadian small and mid-cap stocks due to market inefficiencies. The interview concludes with advice for aspiring investors, emphasizing the importance of building a strong network and finding a niche market where one can have a competitive advantage.
