True Or False? Debunking Investing Myths

Small-Caps Outperform Large-Caps Investors have been told that small-cap value stocks offer a premium that is higher, on average, than the one from large-cap value stocks. Small-cap value investors must necessarily endure more volatility, potentially higher trading costs due to illiquidity, and a higher risk of permanent capital loss. We accept this as the cost of business with the expectation of superior returns over the long-term. But is this really the case? A recent study by Jack...