Re: Is the Small Cap Premium a Myth?
This is something I was wondering as well. If small/mid caps do outperform large caps in the long run, then that would imply that S&P 500 < Wilshire 5000 < Wilshire 4500, no? In this case, I would prefer to be putting my money in Wilshire 4500 index funds rather than Wilshire 5000, even with the extra variance inherent in small caps.
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