One problem with investing in small-caps is that there are so many inverse relationships between different variables that it becomes too difficult to figure out which equation to believe at what point of time. Just to put this in perspective: Was August 2024 the best time to buy small-cap stocks? Or was it 10 years before that, August 2014? Now comes the complexity.
Both were good times to buy small-cap stocks. But depending on what stocks (and
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