Skewed indices and should value investors really care about company size?
fullyinvested.substack.com
It would be easy to look at the 15.7% year-to-date rise on the S&P 500 and start wondering whether 2022 was just another blip. Okay, last year might have been a longer and deeper blip than some of the S&P’s other setbacks over the past decade or so. Looking back, there was a rough month in early 2016, a dire spell in late 2018, and, of course, Covid shook things up a lot in 2020. But the US large cap index always recovered quickly.
Skewed indices and should value investors really care about company size?
Skewed indices and should value investors…
Skewed indices and should value investors really care about company size?
It would be easy to look at the 15.7% year-to-date rise on the S&P 500 and start wondering whether 2022 was just another blip. Okay, last year might have been a longer and deeper blip than some of the S&P’s other setbacks over the past decade or so. Looking back, there was a rough month in early 2016, a dire spell in late 2018, and, of course, Covid shook things up a lot in 2020. But the US large cap index always recovered quickly.