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Welcome to the Compounders Podcast. On this show, Host and Investor, Ben Claremon, will explore the topic of compounding from various angles, including through interviews with public and private company executives, investors who focus on compounders, and newer investment firms that are building a business they hope will become more valuable over time.
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Thursday Oct 30, 2025
Thursday Oct 30, 2025
My guests on the show are Michael Demaray and Vishal Mishra of Bard Associates, a boutique wealth management firm that has been in business since the 1980s. Michael and Vishal are true value investors who like to look in places other investors neglect. Specifically, Bard invests in a space that is near and dear to my heart: US microcap stocks. In this informative conversation, we discussed:
- The strategies that Bard runs today for its clients;
- The firm’s long history of investing in small companies;
- Why some microcap stock prices are so volatile;
- The common characteristics of a core Bard holding; and
- The firm’s approach to interacting with company management.
Please see Bard's website for more information: https://www.bardassociatesinc.com/

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