Excess Returns  cover image

Harnessing Empirical Finance in Long-Term Investing Strategies with Dimensional’s Savina Rizova

Excess Returns

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Investment in Micro Caps and Small Caps

Investment is the last kind of big driver of returns from that valuation framework. The negative relation between high investment verify investment in uh start and subsequent merit future returns is definitely confined to small caps, he said. He added: "We decided then to incorporate the investment premium only within small caps wherever we have a strategy"

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