Real Catalyst Or Good Story with Hugo Navarro, Founder & Editor of Undervalued and Undercovered Newsletter

In this episode of the Planet MicroCap Podcast, I spoke with Hugo Navarro - Founder and Editor of the Undervalued and Undercovered newsletter on Substack and fund advisor at PEQUITY U&U Global Opportunities - to dig into how a 19-year-old from Spain built a six-figure research business and a fund advisory role by going where almost no one else was looking.

We break down his process for finding names that look bad on the surface but are cheap for the wrong reasons, how he thinks about separating a real catalyst from a story that just sounds good, and a hard lesson from Intellego that taught him when a sniff test beats 100 hours of due diligence. We also get into two current ideas he’s watching closely.

For more information about the Undervalued and Undercovered newsletter, please visit: https://smallcaptreasures.substack.com/

Chapters:

00:00 Introduction and guest background

02:00 Hugo’s journey from Spain to microcap investing

04:02 How Hugo started his research newsletter

06:06 The success and growth of Hugo’s research business

07:54 Hugo’s investment philosophy and approach

10:56 Finding ideas through screening and networking

14:00 Deep dive research process and thesis validation

18:13 Examples of catalysts and undervalued opportunities