Facts and fictions of small-cap-value returns Part 1


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By Paul Merriman. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.


Some controversy and concern seems to have risen about small-cap-value returns. While on vacation in Europe recently, I used the early morning hours to complete a study examining the history of returns for many of the popular asset classes: S&P 500, Total Market Index, Large Cap Value, Small Cap Blend, Small Cap Value, U.S. Long Term Bonds, U.S. Treasury Bills and Inflation. My goal was to see what we might learn from the past performance of these asset classes. What can we learn from history about predicting future returns? Should we expect the Total Market Index to give us access to the premium returns of small-cap and value? Should we expect bonds to give an excess return over taxes and inflation? In this podcast, I am happy to share what I learned and deduced.

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327 episodes