Treasure Hunting | Sebastian | Substack

Do You Want to Be Right or Do You Want to Make Money?

The reason I’m writing this article is because I wanted to be right more than I wanted to make money. At least that’s what caused my 2025 to suck. And…

Feb 8 • Sebastian

My Biggest Position: A Monopoly Priced for Failure

~70% upside in a conservative deleveraging case. 150%+ if execution improves. Segment sale optionality on top.

Feb 5 • Sebastian

Portfolio update January 2026 (Paid Subscribers only)

Watch now | Buys and sells from January

Feb 1 • Sebastian

30:24

Is the Oil Sector a buy now? —Weekly Treasure Hunt #03

Hunting for value in the last lagging commodity

Jan 25 • Sebastian

Special Situation: A Spin-Off the Market Isn’t Pricing In

Great asset hidden in a messy structure. 90–180% SOTP upside (conservative case)

Jan 20 • Sebastian

Most Popular

My current best idea: Innovation Food Holdings (IVFH)

Feb 18, 2024 • Sebastian

50% sustainable revenue growth for ~12x 2025 earnings

Jan 7, 2025 • Sebastian

Q3 Portfolio Update: Reflections on +88.5% YTD

Sep 30, 2024 • Sebastian

Reflecting on a +123% Year: Lessons from 2024

Jan 1, 2025 • Sebastian

Join over 6.000 subscribers (for free!)

Recent posts

Trainwreck or contrarian buy? —Weekly Treasure Hunt #02

Hunting for value in "ugly" charts, tracking insider buys, and diving into a market leader with a new CEO.

Jan 18 • Sebastian

Weekly Treasure Hunt #01—January 12th, 2026

5 beaten-down names, standout earnings, and a highlight from my watchlist

Jan 12 • Sebastian

Quick Idea: An Overlooked Low-Downside, High-Upside Play on Venezuelan Oil

A Small-Cap Positioned to Win from Venezuela's Reopening

Jan 5 • Sebastian

Reflecting on a -0.9% Year: Lessons from 2025

A year of two extremes, the Chinese Farmer, and what I'm changing for 2026

Jan 1 • Sebastian

How I Turned a Three-Bagger Into a 50% Loss

A case study in behavioral finance and what happens when you can't admit you're wrong

Dec 21, 2025 • Sebastian

Sanara MedTech (SMTI): Broken Growth Story or Buying Opportunity?

90%+ gross margin business trading at historical lows

Dec 9, 2025 • Sebastian

Treasure Hunting

Treasure Hunting

Researching overlooked and undervalued Microcaps

Recommendations

The Mikro Kap

David Katunarić

Microcap Investing Cliff Notes

Microcap Investing Cliff Notes

MS Microcaps LLC

Tiny Stock Ninja

Tiny Stock Ninja

Petty Cash

Dean

Trident Opportunities

Trident Opportunities

Christian Schmidt

#nojs-banner { position: fixed; bottom: 0; left: 0; padding: 16px 16px 16px 32px; width: 100%; box-sizing: border-box; background: red; color: white; font-family: -apple-system, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; font-size: 13px; line-height: 13px; } #nojs-banner a { color: inherit; text-decoration: underline; } This site requires JavaScript to run correctly. Please turn on JavaScript or unblock scripts