I also believe a private investor can get an edge if he decides to look at smaller companies. And fish where fewer fishermen are fishing. However, it's difficult to identify the long term winners when they are small. I agree with something I heard from Ian Cassel. If you put a bunch of microcap stocks in a coffee can portfolio, you'll probably go broke. You cannot let them out of your sight!
I also believe a private investor can get an edge if he decides to look at smaller companies. And fish where fewer fishermen are fishing. However, it's difficult to identify the long term winners when they are small. I agree with something I heard from Ian Cassel. If you put a bunch of microcap stocks in a coffee can portfolio, you'll probably go broke. You cannot let them out of your sight!
I believe so too. Small was a hard part of the market the past years.