JTNDaWZyYW1lJTIwc3JjJTNEJTIyaHR0cHMlM0ElMkYlMkZlbWJlZHMuYmVlaGlpdi5jb20lMkYzNzVjZDUxNC04NzhkLTRkMGUtYWQ5NS02OWU1M2U2NGU5NmIlM0ZzbGltJTNEdHJ1ZSUyMiUyMGRhdGEtdGVzdC1pZCUzRCUyMmJlZWhpaXYtZW1iZWQlMjIlMjBoZWlnaHQlM0QlMjI1MiUyMiUyMGZyYW1lYm9yZGVyJTNEJTIyMCUyMiUyMHNjcm9sbGluZyUzRCUyMm5vJTIyJTIwc3R5bGUlM0QlMjJtYXJnaW4lM0ElMjAwJTNCJTIwYm9yZGVyLXJhZGl1cyUzQSUyMDBweCUyMCUyMWltcG9ydGFudCUzQiUyMGJhY2tncm91bmQtY29sb3IlM0ElMjB0cmFuc3BhcmVudCUzQiUyMiUzRSUzQyUyRmlmcmFtZSUzRSUwQQ==The investor I work with has been in the business for 40 years, focussing on smallcaps. This amounts to over 10,000 investments, out of this roughly 700 listed on the TSX(-V) or the ASX. I personally am involved in this business since 2018 and always had this one question: "Why do all of these companies spend their money the way…
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