Learning from Yen Liow: Game Within the Game
(My Notes from Yen's 2021 MicroCap Leadership Summit Presentation)
I recently watched a presentation with Aravt Global’s Yen Liow, where he spoke for ~30 minutes about the fund’s growth equity strategy, with a particular focus on micro and SMID cap zones. Aravt Global is a $500M fund based in Manhattan.
In this investment memo, I plan to share my takeaways so that I can come back to this and extract value from it for years to come. As such, the formatting is going to be more note-like than my typical writings.
In reading this piece, please assume that the majority of the takeaways are paraphrased snippets from Yen’s presentation. I will quote directly when appropriate, but I don’t want the reader (nor future me) to think these are my own insights. This is essentially my note-taking from this presentation and will be presented as so.
You can download this as a PDF below.