Finding Value in Small-Cap Tech

The video discusses investment strategies focusing on technology companies with a global reach, emphasizing the importance of a technological moat. It highlights the cautious approach towards cash allocation, waiting for market dislocations. The potential for market corrections due to geopolitical events and policy uncertainties is explored. The video also contrasts active management with passive strategies, particularly in small cap investments, stressing the value of management analysis.

Why does the speaker believe that active management is important in small-cap investments?

What role does M&A play in the speaker's investment outlook?