Aswath Damodaran on the Future of Business Education
Masters in Business
The Importance of Small Cap Premiums
I would not invest based on the small cap phenomenon precisely because it's so weird. The best reasons that before December 31st, you get rid of those low profile stocks in your portfolio. You look bad. So essentially push the price down and then January comes around and you buy back those stocks. I mean, it's been going on for the long term. People dump a bunch of junk.
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