Readers have requested resources and reference materials pertaining to the topic of managing the challenges confronting publicly-traded small cap companies. There are dozens of excellent books on the topic of investing in publicly-traded small cap companies. There are also a number of books on the topic of managing and governing publicly-traded small cap companies. If I were to recommend only ONE book that every small cap public company CEO should read, it would be The Perfect Corporate Board, authored by Adam Epstein, a nationally-recognized small cap company expert. Mr. Epstein also writes a blog with information on a variety of topics as well.
Dodd-Frank made it extraordinarily difficult for micro-cap companies to raise money.
The chart below, excerpted from an article by noted financial analyst Michael Markowski, who predicted the demise of Lehman Brothers, Bear Stearns, and Merrill Lynch, illustrates that the Dodd-Frank legislation crushed the values of micro-cap companies. The crushing of their valuations has made it extraordinarily difficult for micro-cap companies to obtain funding from sources other than Friends & Family investors.
For most micro-cap companies, the expertise of firms like Microcap Strategies is needed to help raise funding from sources other than Friends & Family investors in a post Dodd-Frank world.
How A Tariff Enacted In 1930 Caused The Crash Of 1929
Scholarly analysis suggests that the tariff being proposed by President Trump could cause the current bull market to crash. Watch this fascinating video below that links the stock market crash of 1929 to the Smoot-Hawley Tariff.