Joe Boskovich and Brian Laks run Old West Capital Management. The firm describes its investment process as “A focus on people forms the core of Old West’s investment process. As a first principle, we believe that the soundest way to protect and grow our capital is by aligning ourselves with management teams who have high stock ownership and smart pay.” Joe started the company with his father.
I chat with the guys about their investment approach, capital allocation and the importance of owner-operators. Joe discusses Howard Jonas’ collection of assets and capital allocation strategies. We also dive into Old West’s investment filtering criteria, and their focus on insider purchasing.
We end the conversation with Brian Laks’ bullish case on uranium. Old West opened a separate opportunity-specific fund that’s focused exclusively on uranium investments.
If you want to find out more information, here’s where to go:
– Joe’s Twitter: https://twitter.com/boskovic64
– Brian’s Twitter: https://twitter.com/brianlaks
– Old West website: https://www.oldwestim.com/
Student of value investing for over 13 years spending his time in small to micro-cap companies, spin-offs, SPACs and deep value liquidation situations.