This week Pete and Steve speak to Alan Edmunds, a Sydney-based expert in investing in Australia small caps. Listen as Alan discusses: -Why your own personal life situation impacts your ability to invest in small caps (e.g. do you have a mortgage? relationship status? family commitments?). Understand where you are in your own life first -How to work out your own best method for investing to suit your own personality -Which sectors he looks in for high growth opportunities, and how to get confident in a company through -How Alan 'averages up' into a position when he finds a company with strong fundamentals -Why if you want to achieve big outperformance you need to throw the rule book out the window, remove old assumptions, and find your own method -How you need to think in probabilities, in investing and in life -Why investing in small caps is very different from other forms of investing -Specifically how to value and research small companies in detail -How and why to trim gains when hitting 3-4x initial outlay Recommended reading: Phil Fisher: The Path to Wealth through Common Stocks George Soros: The Alchemy of Finance Thanks for listening! Download a free copy of our latest book, Total Money Management – How to escape the rat race and unlock your financial independence. www.gonextlevelwealth.com.au/podcast Pete Wargent www.petewargent.com/ www.linkedin.com/in/pete-wargent-37228322/ Stephen Moriarty twitter.com/SGM63