In a previous article I summarised the views of Professor Damodaran as expressed in a 2015 article, “The Small Cap Premium: Where is the Beef?”
Three of his conclusions were:
Roger Grabowski of Duff and Phelps has been a leading advocate for the small stock premium. He has written a very thoughtful and balanced article in the Summer 2016 edition of Business Valuation Review: “The Size Effect – It is Still Relevant.”
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