SumZero had the opportunity to sit down with Raj Shah and Cullen Rose, co-founders of Stoic Point Capital Management.Stoic Point manages two concentrated strategies: Stoic Onshore/Offshore is a long/short fund focused on #small- and #midcap North American securities. Stoic Point Alpha Capital is a long-biased fund focused on unique asymmetric opportunities.The founders invest in accordance with three core Investment Principles, focusing on change and disconnections between business quality and misunderstanding. The firm leverages proprietary idea generation tools, a defined processes, and risk management practices that carry over from the founders' prior experience working together.This discussion breaks down how Raj and Cullen came together to form Stoic Point and how they've approached the market since – specifically, continuing to find opportunities in #SPAC's and DeSPAC's even after an 80% drawdown in the broader space. They leave us with two examples, $EVLV and $JBI, both of which have performed well for them, despite being left for dead by many investors.1:12 - Intro to Raj and Cullen3:02 - The launch of Stoic Point4:54 - Acceleration into #smallcap and #midcap stocks5:49 - Stoic Point investment principles6:25 - Getting involved in DeSPAC's and broken #ipo's7:47 - Stoic Point strategies9:13 - Where do DeSPAC's fit into the strategy and where do we see that market going13:27 - Taking advantage of warrant arb18:52 - Why we continue to look at the DeSPAC space and warrants21:53 - How Stoic Point has navigated through recent shift in rates24:52 - Broader DeSPAC market26:18 - Re-underwriting and taking advantage of misunderstood opportunities27:05 - $EVLV as a case study37:44 - Focusing on high quality, growing businesses38:52 - $JBI as a case study41:41 - Where Stoic Point sees future opportunity43:08 - Opportunities on the #short side, including #ai 44:38 - Where Stoic Point sees potential trouble with #saas businessesFor more in-depth research and analysis, join us on SumZero today. https://sumzero.com/apply#valueinvesting #smallcap #midcapstocks