Microcap Stock Investing 101 - Surround Yourself with the Best Investors

Golf is a sport that requires a dedication to consistency. The perfection of minor details, like the simple placement of a finger on the grip, can mean the difference between a perfect drive down the middle of the fairway, or shanking it into the trees. When I was a teenager learning to golf in 1994, long before the internet and its' wealth of educational resources, I noticed one curious thing. When I was paired with casual golfers out to have fun, golfers who simply weren't very good and weren't really trying to get better, I would never have a good round of golf.

It didn't matter how hard I tried to focus, tried to work on the minor details, at the end of 18 average holes I would always look back at what went wrong. In comparison, when I was paired with golfers who were better than I was, serious golfers who went into a round of golf expecting improvement, and who had fun conquering a challenge rather than having a beer, I always had a good round of golf and sometimes my best round of golf.

At a young age I learned a valuable and simple lesson in life, if you want to succeed at something, surround yourself with the best people, people who have already succeeded in what you want to accomplish.

Investing is like golf, except on speed. Surrounding yourself with the wrong people can mean buying a stock that quickly loses you money, and you have to quit the game before you even get started. Too many times I see new investors start investing because of some ad promising to turn their $100 into $100,000 in a month by buying a $99 course. Or by some paid promotion where a social media influencer is paid to tell people to invest in this $0.01 stock today because this life changing company is going to be worth $10 soon and you will become a billionaire. These people simply want one thing, to take your money, and put it in their pocket. These are the wrong people to listen to.

The good news is, surrounding yourself with the right people is easy. Most good investors want the same thing; a good large healthy group of investors making money. Why? Because investing in stocks isn't a competition. You want more people discovering your stocks, talking about your stocks, buying your stocks, and moving the price up on your stocks. Believe it or not, investing is more of a team sport than you might realize, and the larger and better your team the better your game.

In the following list I have highlighted some of the people I think are the right people to follow. On the list are both free accounts and paid accounts, and sometimes both; because many investors rightfully have paid platforms to get paid for their time, while also having a free platform to communicate and educate new investors.