David Waters
Founder and president of Alluvial Capital Management, a value investor focused on overlooked microcaps, illiquid and international equities, and creator of the Tactile Fund.
Best podcasts with David Waters
Ranked by the Snipd community
Feb 9, 2026 • 60min
Club Conversation with Dave Waters, Dark Stock Investing
David Waters, founder of Alluvial Capital and creator of the Tactile Fund, is a value investor who hunts overlooked microcaps and unique physical assets. He discusses arbitrage of inconvenience, navigating illiquidity, valuing opaque and non-reporting firms, the role of catalysts, expert markets, international microcap opportunities, and lessons from both liquidation wins and costly mistakes.
