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by im3w1l-alt
2160 days ago
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A large company is guaranteed to have been analyzed very carefully by skilled analysts. If you have a small sum to invest, a big risk appetite and you are willing to do your homework then you are better off trying your luck with understudied companies in inefficient markets. It follows from the theory of comparative advantage. The big players can extract a lot more than you can from big companies but only a little more from the small ones. |
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