In the universe of investing, small cap stocks are often seen as the wild cards. They offer substantial growth potential but come with a degree of volatility and risk that can be intimidating. So, how can you incorporate these dynamic investments into your portfolio wisely? Developing a small cap investment strategy tailored to your needs is the answer. Here's a comprehensive guide to get you started.First and foremost, understanding what constitutes a small cap company is vital.Generally, these are companies with a market capitalization (the total market value of a company's outstanding shares) of between $300 million and $2 billion.