One of the best pieces of advice I've ever gotten from someone is that you should be jealous

of your equity.

And there are small cap managers out there who have come public without selling any shares

into the public markets.

I'm Chris Hill and that's Bill Mann, director of small cap research at the Motley Fool.

Ricky Mulvey caught up with him for part two of their series on small cap investing.

They talk about how to discover new opportunities among small cap stocks and some key metrics

that can tell you a lot about a company's future.

Last week we laid out a framework for small cap investing.

This week we're diving a little deeper.

Joining us again is Bill Mann.

He accepted the calendar invite and he's also the small cap investing director, the Motley

Fool.

Thanks for joining us again.

Thanks for letting people know that my presence on this show is just due to my availability.

That is correct.

I think you can't have one without the other.

First I want to start off with some framing questions a little bit different than last

time.

We talked about the benefits of holding onto small caps for a long period of time, but

it's also like investing is kind of a game.

So if small cap investing is a game, then who is this game for?

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