4min chapter

Invest Like the Best with Patrick O'Shaughnessy cover image

Ian Cassel – Investing In Tiny Stocks - [Invest Like the Best, EP.24]

Invest Like the Best with Patrick O'Shaughnessy

CHAPTER

The Less Efficient Space in the S&P 500

There really is no index-like way of gaining exposure to microcap stocks in North America. Research suggests that you probably wouldn't even want it, because just the pure beta part of it doesn't tend to do much better than say small caps. The reason why there's opportunity for extraordinary returns is because of illiquidity.

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