Michael Liu
Founder of Capuchin Capital and former analyst at Intelligent Fanatics Capital Management, focused on microcap and biotech trading strategies and special situations investing.
Best podcasts with Michael Liu
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Feb 16, 2026 • 1h 2min
A Club Conversation with Michael Liu, Biotech Trading
Michael Liu, founder of Capuchin Capital and former analyst at Intelligent Fanatics, focuses on microcap and biotech trading. He talks about his shift to biotech-focused trading, navigating illiquid and volatile biotech markets, position sizing and risk rules, the role of institutional players and scale, and research tricks for small companies. Short, practical, and contrarian takes on trading small-cap biotech situations.
