Intrepid Buys Pick of the Small-Cap Litter

Fund manager Mark Travis discusses his small-cap investing strategy with Gregg Greenberg in this video.

Contrary to popular belief, the credit crisis isn't crushing all small caps. Some of the market's minnows are in better shape than the biggest whales on Wall Street.

"There are a lot of businesses that make products people use and need every day. A lot of them have no liabilities on their balance sheet," says Mark Travis, President of Intrepid Capital Management. "A lot of the financing risks are in the big-cap arena, because many small-cap companies are run like efficient private businesses." ...