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David Booth: ‘Usually the Great Ideas Start Out as Small Ideas and Then You Build on Them’

The Long View

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The Historical Performance of Small-Cap Stocks and Market Trust

This chapter explores the historical performance of small-cap and value stocks versus large growth stocks, tackling recency bias and market changes. It underscores the need for a strong investment narrative, backed by thorough research, while also emphasizing the significance of client trust during difficult market phases.

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