In so doing, they give up the potential return of small-cap stocks.
Haven't small technology stocks done much better than the average small-cap stock?
That said, I don't think the case for small-cap stocks is done.
"I think we had a bit of an impact on small-cap stocks that day."
"For the next three or five years, the place to be is in small-cap stocks," he said.
Small-cap stocks are on a tear, but can they make up all the lost ground of the last few years?
In the mid-1970's, small-cap stocks had a couple or three years when they did extraordinarily well.
Most of the fund's short positions are in small-cap stocks.
Small-cap stocks have much less hope and hype in them.
Those considering an investment in small-cap stocks should pay close attention to how the group does this month.