Brad Delong advocates for value stocks and small stocks

ONE IMAGE: Lean Against Bigger Firms with Run-Up Stock Prices in Your Portfolio! “Small cap” and “value” factor outperformance is a durable thing:

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Very Briefly Noted: Joachim Klement: Equal weighting works, but why?: ‘Alexander Swade and his colleagues…. The biggest contribution to the difference in returns between equal-weighted and market cap-weighted S&P 500 comes from the small cap bias. This bias is about three times as important as the value bias inherent in the equal-weighted index...

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