Dfa International Small Company Portfolio Blog | Talkmarkets | Page 1
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Is Size A Useful Investing Factor Or Not?
Article By: Alpha Architect
Saturday, December 19, 2020 3:43 PM EST
In his famous 1981 paper, Rolf Banz found that small firms have higher risk-adjusted returns than large firms. This was one of the first major challenges to the capital asset pricing model and market efficiency. Yet, it has been called into question.
In this article: DEMSX, DFISX, DFSTX, SPX
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